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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 2024-07-23 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 261248

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	239.62	239.65	242.51	236.02	0.732 times
22 Mon Jul 2024	239.30	238.15	241.90	235.60	0.407 times
19 Fri Jul 2024	238.15	241.20	241.20	235.49	0.72 times
18 Thu Jul 2024	240.75	244.10	245.79	240.01	0.565 times
16 Tue Jul 2024	244.75	248.17	248.18	244.10	0.451 times
15 Mon Jul 2024	248.17	245.00	253.34	243.46	1.353 times
12 Fri Jul 2024	247.15	245.00	248.55	242.50	1.032 times
11 Thu Jul 2024	243.66	244.65	247.49	243.00	0.726 times
10 Wed Jul 2024	243.90	251.59	251.59	242.30	0.92 times
09 Tue Jul 2024	248.69	247.00	254.50	246.00	2.649 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 240.2, but if it comes above 240.2, then a intra day buy could be more profitable.
If you take a sell trade below 240.2, then use 240.2 as stoploss and 236.7 as target. However if you take a buy trade in stock , then use 240.2 as stoploss and 243.13 as target.

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	196.60
Downside Target	204.60
Downside Target	215.30
Downside Target	235.49
Upside Target	245.77
Upside Target	246.20
Upside Target	252.70
Upside Target	253.34
Upside Target	254.50
Upside Target	257.98

Intraday share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Intraday Target	235.98
Downside Intraday Target	232.33
Upside Intraday Target	242.89
Upside Intraday Target	246.15
Downside Intraday Target	239.24

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	239.62	238.15	242.51	235.60	0.369 times
19 Fri Jul 2024	238.15	245.00	253.34	235.49	0.475 times
12 Fri Jul 2024	247.15	241.52	254.50	239.00	2.103 times
05 Fri Jul 2024	241.47	240.05	245.77	238.30	0.342 times
28 Fri Jun 2024	240.30	249.00	257.98	239.02	0.585 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
23 Tue Jul 2024	239.62	240.05	254.50	235.49	0.392 times
28 Fri Jun 2024	240.30	225.00	257.98	204.60	1.658 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

Scroll below to view daily charts

Price has moved down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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

Muthoot Microfin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Muthoot Microfin in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 245.06 and Muthoot Microfin (MUTHOOTMF) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 positive

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