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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 2024-05-06 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 314569

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	244.70	242.00	247.80	240.95	1.774 times
03 Fri May 2024	241.70	244.95	244.95	240.00	0.78 times
02 Thu May 2024	242.05	239.50	243.50	239.50	1.12 times
30 Tue Apr 2024	239.45	235.40	241.40	234.15	1.711 times
29 Mon Apr 2024	233.45	235.95	238.60	232.95	0.774 times
26 Fri Apr 2024	234.25	237.00	237.00	233.55	0.543 times
25 Thu Apr 2024	235.00	238.50	238.90	233.00	0.665 times
24 Wed Apr 2024	235.70	241.50	244.00	231.05	1.579 times
23 Tue Apr 2024	241.35	239.75	241.95	237.45	0.933 times
22 Mon Apr 2024	239.60	239.80	241.35	235.60	0.896 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 245.6, for a target of 240.6 or 236.52

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	196.60
Downside Target	224.15
Downside Target	241.05
Downside Target	244.00
Upside Target	244.95
Upside Target	246.20
Upside Target	247.80
Upside Target	254.90
Upside Target	266.80

Intraday share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Intraday Target	241.17
Downside Intraday Target	237.63
Upside Intraday Target	248.02
Upside Intraday Target	251.33
Downside Intraday Target	244.48

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	244.70	242.00	247.80	240.95	0.405 times
03 Fri May 2024	241.70	235.95	244.95	232.95	0.95 times
26 Fri Apr 2024	234.25	239.80	244.00	231.05	1.193 times
19 Fri Apr 2024	237.65	227.00	241.05	224.15	0.762 times
12 Fri Apr 2024	235.90	245.00	246.20	231.70	0.585 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
06 Mon May 2024	244.70	239.50	247.80	239.50	0.149 times
30 Tue Apr 2024	239.45	200.50	246.20	200.50	1.001 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

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 stronger in this stock.

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 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 239.41 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.