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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 2024-10-08 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 214018

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	224.25	218.01	225.00	217.93	0.333 times
07 Mon Oct 2024	219.14	226.45	228.55	218.00	0.856 times
04 Fri Oct 2024	224.42	228.02	229.63	222.85	0.524 times
03 Thu Oct 2024	228.54	229.80	232.99	227.70	0.711 times
01 Tue Oct 2024	234.13	234.52	235.77	233.00	0.611 times
30 Mon Sep 2024	234.98	238.00	238.00	232.15	0.648 times
27 Fri Sep 2024	236.17	239.88	239.88	234.50	1.355 times
26 Thu Sep 2024	235.16	236.50	239.00	233.10	1.367 times
25 Wed Sep 2024	235.30	228.00	238.60	227.55	2.386 times
24 Tue Sep 2024	228.46	230.00	230.10	227.70	0.688 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 225.5, but if it comes above 225.5, then a intra day buy could be more profitable.
If you take a sell trade below 225.5, then use 225.5 as stoploss and 220.4 as target. However if you take a buy trade in stock , then use 225.5 as stoploss and 229.72 as target.

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	204.60
Downside Target	212.21
Downside Target	217.93
Upside Target	233.85
Upside Target	235.49
Upside Target	235.77
Upside Target	238.00
Upside Target	239.88
Upside Target	246.29
Upside Target	254.50
Upside Target	257.98

Intraday share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Intraday Target	218.6
Downside Intraday Target	212.96
Upside Intraday Target	229.22
Upside Intraday Target	234.2
Downside Intraday Target	223.58

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	224.25	226.45	228.55	217.93	0.477 times
04 Fri Oct 2024	224.42	238.00	238.00	222.85	0.375 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

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
08 Tue Oct 2024	224.25	234.52	235.77	217.93	0.138 times
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

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 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 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 moving up

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

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 231.85 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.