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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 2024-06-07 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 179724

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	220.10	224.85	226.80	219.55	2.572 times
06 Thu Jun 2024	220.75	216.00	221.60	215.15	1.049 times
05 Wed Jun 2024	213.45	210.05	215.80	207.50	0.913 times
04 Tue Jun 2024	209.05	216.80	216.80	204.60	1.77 times
03 Mon Jun 2024	216.10	225.00	225.00	215.30	1.732 times
31 Fri May 2024	217.15	218.50	220.30	215.30	0.661 times
30 Thu May 2024	217.30	220.95	221.00	216.55	0.447 times
29 Wed May 2024	219.25	219.50	220.70	217.90	0.409 times
28 Tue May 2024	220.80	223.85	225.00	218.85	0.684 times
27 Mon May 2024	221.30	223.15	225.90	221.00	1.281 times

Stock of Muthoot Microfin (MUTHOOTMF) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 216.1 or till 211.3. Use a stoploss of 220.18 and if the stock hits stoploss, then it can shoot up till 224.21

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	207.53
Downside Intraday Target	194.97
Upside Intraday Target	229.73
Upside Intraday Target	239.37
Downside Intraday Target	217.17

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	220.10	225.00	226.80	204.60	2.307 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
07 Fri Jun 2024	220.10	225.00	226.80	204.60	0.26 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Muthoot Microfin in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

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

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 217.2 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.