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(MUTHOOTMF) Muthoot Microfin complete technical analysis [charts+indicators] | Buy/Sell Muthoot Microfin | (MUTHOOTMF) share price targets

Complete technical analysis of Muthoot Microfin (MUTHOOTMF) by charts plus indicators, forecast predictions and share price targets for Muthoot Microfin (MUTHOOTMF)

Showing technical analysis as on 2024-06-06 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 170948

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	220.75	216.00	221.60	215.15	1.103 times
05 Wed Jun 2024	213.45	210.05	215.80	207.50	0.96 times
04 Tue Jun 2024	209.05	216.80	216.80	204.60	1.861 times
03 Mon Jun 2024	216.10	225.00	225.00	215.30	1.821 times
31 Fri May 2024	217.15	218.50	220.30	215.30	0.695 times
30 Thu May 2024	217.30	220.95	221.00	216.55	0.47 times
29 Wed May 2024	219.25	219.50	220.70	217.90	0.43 times
28 Tue May 2024	220.80	223.85	225.00	218.85	0.719 times
27 Mon May 2024	221.30	223.15	225.90	221.00	1.347 times
24 Fri May 2024	224.00	223.50	226.25	222.70	1.107 times

My analysis of stock is bullish for shortterm, and stock might move up till 224.7 or till 229.8. Use a stoploss of 220.48 and if this stock hits its stoploss, then it can fall down till 216.25

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	196.60
Downside Target	204.60
Downside Target	215.30
Upside Target	227.50
Upside Target	228.00
Upside Target	229.40
Upside Target	237.10
Upside Target	246.20
Upside Target	252.70
Upside Target	254.90

Intraday share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Intraday Target	208.57
Downside Intraday Target	196.38
Upside Intraday Target	228.97
Upside Intraday Target	237.18
Downside Intraday Target	216.78

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	220.75	225.00	225.00	204.60	1.569 times
31 Fri May 2024	217.15	223.15	225.90	215.30	1.171 times
24 Fri May 2024	224.00	225.20	227.50	222.00	0.493 times
18 Sat May 2024	226.25	227.05	229.40	217.95	0.4 times
10 Fri May 2024	226.10	242.00	252.70	218.90	1.964 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	220.75	225.00	225.00	204.60	0.177 times
31 Fri May 2024	217.15	239.50	252.70	215.30	0.714 times
30 Tue Apr 2024	239.45	200.50	246.20	200.50	1.001 times
28 Thu Mar 2024	199.75	230.00	237.10	196.60	1.054 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Muthoot Microfin (MUTHOOTMF)

Price action analysis of Muthoot Microfin ( (MUTHOOTMF) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Muthoot Microfin ( (MUTHOOTMF) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Muthoot Microfin ( (MUTHOOTMF) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Muthoot Microfin stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Muthoot Microfin in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Muthoot Microfin Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Muthoot Microfin in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Muthoot Microfin is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 217.17 and Muthoot Microfin (MUTHOOTMF) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Muthoot Microfin (MUTHOOTMF) stock. Volume based technical analysis of Muthoot Microfin (MUTHOOTMF) stock is negative.

Muthoot Microfin Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.