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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 2024-04-09 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 696669

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	240.05	241.00	243.50	237.00	0.852 times
08 Mon Apr 2024	236.70	245.00	246.20	233.60	0.798 times
05 Fri Apr 2024	233.15	229.00	234.05	228.20	0.379 times
04 Thu Apr 2024	230.20	230.00	231.65	227.15	0.484 times
03 Wed Apr 2024	228.85	227.40	229.75	222.55	0.595 times
02 Tue Apr 2024	226.20	210.00	228.20	210.00	1.554 times
01 Mon Apr 2024	211.05	200.50	213.30	200.50	0.907 times
28 Thu Mar 2024	199.75	203.50	204.95	199.00	1.293 times
27 Wed Mar 2024	202.10	199.95	209.65	198.50	2.077 times
26 Tue Mar 2024	199.45	201.50	206.70	199.00	0.995 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 244, for a target of 226.9 or 212.62

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	196.60
Downside Target	208.85
Downside Target	225.95
Downside Target	233.60
Downside Target	234.05
Downside Target	237.10
Upside Target	246.20
Upside Target	250.40
Upside Target	254.90
Upside Target	266.80
Upside Target	281.00

Intraday share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Intraday Target	233.7
Downside Intraday Target	227.35
Upside Intraday Target	246.3
Upside Intraday Target	252.55
Downside Intraday Target	239.95

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	240.05	245.00	246.20	233.60	0.421 times
05 Fri Apr 2024	233.15	200.50	234.05	200.50	0.898 times
28 Thu Mar 2024	199.75	201.50	209.65	198.50	1.625 times
22 Fri Mar 2024	200.35	205.90	208.85	197.50	1.126 times
15 Fri Mar 2024	204.40	225.50	225.95	196.60	2.215 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
09 Tue Apr 2024	240.05	200.50	246.20	200.50	0.499 times
28 Thu Mar 2024	199.75	230.00	237.10	196.60	1.054 times
29 Thu Feb 2024	229.30	254.85	254.90	228.00	0.449 times
31 Wed Jan 2024	253.75	251.50	266.80	227.45	1.043 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Muthoot Microfin stock for short term is BUY. Signal strength is Strong and stock is gaining 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 moving up

CCI has generated a buy signal for Muthoot Microfin in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 216.31 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.