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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 2024-07-24 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 249648

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	240.65	239.60	242.40	238.61	0.284 times
23 Tue Jul 2024	239.62	239.65	242.51	236.02	0.766 times
22 Mon Jul 2024	239.30	238.15	241.90	235.60	0.426 times
19 Fri Jul 2024	238.15	241.20	241.20	235.49	0.753 times
18 Thu Jul 2024	240.75	244.10	245.79	240.01	0.591 times
16 Tue Jul 2024	244.75	248.17	248.18	244.10	0.472 times
15 Mon Jul 2024	248.17	245.00	253.34	243.46	1.416 times
12 Fri Jul 2024	247.15	245.00	248.55	242.50	1.08 times
11 Thu Jul 2024	243.66	244.65	247.49	243.00	0.76 times
10 Wed Jul 2024	243.90	251.59	251.59	242.30	0.963 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 240 as stoploss in an intra day buy trade for a target of 242.88. However, stock will show a bearish move below 240.

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	236.66
Downside Intraday Target	232.68
Upside Intraday Target	243.57
Upside Intraday Target	246.5
Downside Intraday Target	239.59

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	240.65	238.15	242.51	235.60	0.457 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
24 Wed Jul 2024	240.65	240.05	254.50	235.49	0.4 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 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 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 BUY. Signal strength is Weak and stock is losing 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 243.56 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.