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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 2024-04-16 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 463960

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	230.90	229.05	231.75	227.15	0.49 times
15 Mon Apr 2024	229.50	227.00	231.00	224.15	0.672 times
12 Fri Apr 2024	235.90	232.10	238.20	231.70	0.47 times
10 Wed Apr 2024	233.85	240.05	240.25	232.45	0.495 times
09 Tue Apr 2024	240.05	241.00	243.50	237.00	1.279 times
08 Mon Apr 2024	236.70	245.00	246.20	233.60	1.198 times
05 Fri Apr 2024	233.15	229.00	234.05	228.20	0.57 times
04 Thu Apr 2024	230.20	230.00	231.65	227.15	0.727 times
03 Wed Apr 2024	228.85	227.40	229.75	222.55	0.894 times
02 Tue Apr 2024	226.20	210.00	228.20	210.00	2.333 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 233 as stoploss in an intra day sell trade for a target of 217.25. However, stock will show a bullish move above 233.

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	196.60
Downside Target	208.85
Downside Target	224.15
Upside Target	234.05
Upside 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	226.12
Downside Intraday Target	221.33
Upside Intraday Target	233.72
Upside Intraday Target	236.53
Downside Intraday Target	228.93

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	230.90	227.00	231.75	224.15	0.338 times
12 Fri Apr 2024	235.90	245.00	246.20	231.70	0.585 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

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 Tue Apr 2024	230.90	200.50	246.20	200.50	0.626 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 231.94 and Muthoot Microfin (MUTHOOTMF) stock is trading below this level. This means that stock is falling with high volumes. 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.