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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 2024-10-31 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 150514

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	202.81	208.70	208.70	201.89	1.038 times
30 Wed Oct 2024	203.02	200.10	204.69	200.10	0.752 times
29 Tue Oct 2024	200.48	202.22	202.95	199.70	0.925 times
28 Mon Oct 2024	202.49	204.97	205.20	199.21	1.46 times
25 Fri Oct 2024	204.97	204.00	207.50	203.00	1.354 times
24 Thu Oct 2024	203.76	203.65	204.18	200.32	1.056 times
23 Wed Oct 2024	204.07	203.30	205.19	200.00	1.211 times
22 Tue Oct 2024	203.45	212.01	212.79	202.00	1.333 times
21 Mon Oct 2024	212.01	215.00	217.76	210.00	0.71 times
18 Fri Oct 2024	216.60	217.00	218.59	215.25	0.556 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 204.5, but if it comes above 204.5, then a intra day buy could be more profitable.
If you take a sell trade below 204.5, then use 204.5 as stoploss and 193.8 as target. However if you take a buy trade in stock , then use 204.5 as stoploss and 213.42 as target.

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	199.21
Upside Target	204.60
Upside Target	208.70
Upside Target	228.55
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	198.45
Downside Intraday Target	194.08
Upside Intraday Target	207.94
Upside Intraday Target	213.06
Upside Intraday Target	203.57

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	202.81	204.97	208.70	199.21	0.737 times
25 Fri Oct 2024	204.97	215.00	217.76	200.00	1.839 times
18 Fri Oct 2024	216.60	222.99	224.98	215.25	0.829 times
11 Fri Oct 2024	222.64	226.45	228.55	217.93	1.048 times
04 Fri Oct 2024	224.42	238.00	238.00	222.85	0.375 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
31 Thu Oct 2024	202.81	234.52	235.77	199.21	0.614 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Muthoot Microfin in short term and the sell 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 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 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 204.55 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.