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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 2024-08-16 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 294925

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	214.94	217.80	218.99	212.21	1.509 times
14 Wed Aug 2024	215.57	219.60	219.60	214.25	0.684 times
13 Tue Aug 2024	217.09	220.41	221.69	215.55	0.816 times
12 Mon Aug 2024	219.19	226.00	228.90	218.45	2.213 times
09 Fri Aug 2024	225.57	227.00	230.12	224.55	0.948 times
08 Thu Aug 2024	225.98	226.69	228.79	225.02	0.707 times
07 Wed Aug 2024	226.69	230.80	232.88	226.21	1.991 times
06 Tue Aug 2024	229.03	230.09	236.15	228.45	0.517 times
05 Mon Aug 2024	230.09	234.94	236.00	228.61	1.117 times
02 Fri Aug 2024	239.17	239.00	243.71	237.75	0.51 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 210.7, for a target of 222.8 or 232.85

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	200.50
Downside Target	204.60
Downside Target	212.21
Upside Target	224.55
Upside Target	235.49
Upside Target	246.20
Upside Target	246.29
Upside Target	246.40
Upside Target	247.00
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	208.47
Downside Intraday Target	201.99
Upside Intraday Target	225.16
Upside Intraday Target	235.37
Upside Intraday Target	218.68

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	214.94	226.00	228.90	212.21	0.989 times
09 Fri Aug 2024	225.57	234.94	236.15	224.55	1.605 times
02 Fri Aug 2024	239.17	247.00	247.00	237.75	1.427 times
26 Fri Jul 2024	244.65	238.15	246.40	235.60	0.842 times
19 Fri Jul 2024	238.15	245.00	253.34	235.49	0.475 times

Price has moved down 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
16 Fri Aug 2024	214.94	245.38	246.29	212.21	0.727 times
31 Wed Jul 2024	245.19	240.05	254.50	235.49	0.507 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

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 neutral. A longer time frame might give a better analysis.

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

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

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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Muthoot Microfin in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 223.06 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 negative.

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