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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 2024-09-30 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 268026

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	234.98	238.00	238.00	232.15	0.518 times
27 Fri Sep 2024	236.17	239.88	239.88	234.50	1.082 times
26 Thu Sep 2024	235.16	236.50	239.00	233.10	1.092 times
25 Wed Sep 2024	235.30	228.00	238.60	227.55	1.905 times
24 Tue Sep 2024	228.46	230.00	230.10	227.70	0.549 times
23 Mon Sep 2024	229.56	229.14	230.19	227.51	0.682 times
20 Fri Sep 2024	229.03	229.96	233.85	228.01	1.022 times
19 Thu Sep 2024	229.96	230.65	231.22	225.10	0.956 times
18 Wed Sep 2024	229.68	225.00	232.59	224.62	1.399 times
17 Tue Sep 2024	231.68	231.55	233.72	229.80	0.68 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 233.2, but if it comes below 233.2, then a intra day sell could be more profitable.
If you take a sell trade below 233.2, then use 233.2 as stoploss and 229.47 as target. However if you take a buy trade in stock , then use 233.2 as stoploss and 237.7 as target.

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	204.60
Downside Target	212.21
Downside Target	222.11
Upside Target	235.49
Upside Target	238.00
Upside Target	239.88
Upside Target	246.29
Upside Target	252.70
Upside Target	254.50
Upside Target	257.98

Intraday share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Intraday Target	232.09
Downside Intraday Target	229.19
Upside Intraday Target	237.94
Upside Intraday Target	240.89
Upside Intraday Target	235.04

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	234.98	238.00	238.00	232.15	0.097 times
27 Fri Sep 2024	236.17	229.14	239.88	227.51	1.132 times
20 Fri Sep 2024	229.03	232.54	233.85	224.62	1.423 times
13 Fri Sep 2024	231.25	225.80	234.60	222.11	0.869 times
06 Fri Sep 2024	225.51	229.00	229.01	224.51	0.958 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
30 Mon Sep 2024	234.98	229.00	239.88	222.11	0.648 times
30 Fri Aug 2024	227.29	245.38	246.29	212.21	1.561 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

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 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 mid to longer 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.

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

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

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 tired and bears are picking up momentum.

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

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

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

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 232.38 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 positive

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