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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 2024-06-13 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 238237

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	231.12	225.15	232.05	225.15	1.553 times
12 Wed Jun 2024	225.15	222.10	225.90	221.33	1.146 times
11 Tue Jun 2024	222.17	221.45	223.80	219.80	1.071 times
10 Mon Jun 2024	221.46	221.40	223.29	220.10	0.884 times
07 Fri Jun 2024	220.10	224.85	226.80	219.55	1.941 times
06 Thu Jun 2024	220.75	216.00	221.60	215.15	0.791 times
05 Wed Jun 2024	213.45	210.05	215.80	207.50	0.689 times
04 Tue Jun 2024	209.05	216.80	216.80	204.60	1.336 times
03 Mon Jun 2024	216.10	225.00	225.00	215.30	1.306 times
31 Fri May 2024	217.15	218.50	220.30	215.30	0.499 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 231.5, for a target of 225.8 or 221.08

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	196.60
Downside Target	204.60
Downside Target	215.30
Downside Target	228.00
Downside Target	229.40
Upside Target	232.05
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	223.26
Downside Intraday Target	215.41
Upside Intraday Target	235.51
Upside Intraday Target	239.91
Downside Intraday Target	227.66

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	231.12	221.40	232.05	219.80	0.768 times
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

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

Monthly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	231.12	225.00	232.05	204.60	0.46 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Muthoot Microfin ( (MUTHOOTMF) ) based on a short to mid 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 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 Strong and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up

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

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 220.17 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 is giving positive 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.