Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-13 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 425996

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon May 2024	219.70	227.05	227.05	218.95	0.777 times
10 Fri May 2024	226.10	226.40	226.75	218.90	0.603 times
09 Thu May 2024	222.25	235.95	235.95	221.05	0.993 times
08 Wed May 2024	236.20	234.00	239.30	232.15	0.627 times
07 Tue May 2024	235.80	247.90	252.70	234.00	2.828 times
06 Mon May 2024	244.70	242.00	247.80	240.95	1.31 times
03 Fri May 2024	241.70	244.95	244.95	240.00	0.576 times
02 Thu May 2024	242.05	239.50	243.50	239.50	0.827 times
30 Tue Apr 2024	239.45	235.40	241.40	234.15	1.263 times
29 Mon Apr 2024	233.45	235.95	238.60	232.95	0.572 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 220.9, for a target of 228.5 or 234.83

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	196.60
Downside Target	218.90
Upside Target	224.15
Upside Target	241.05
Upside Target	244.00
Upside Target	244.95
Upside Target	246.20
Upside Target	252.70
Upside Target	254.90
Upside Target	266.80

Intraday share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Intraday Target	216.75
Downside Intraday Target	213.8
Upside Intraday Target	224.85
Upside Intraday Target	230
Upside Intraday Target	221.9

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon May 2024	219.70	227.05	227.05	218.95	0.122 times
10 Fri May 2024	226.10	242.00	252.70	218.90	1.964 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

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
13 Mon May 2024	219.70	239.50	252.70	218.90	0.468 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 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 losing momentum.

MACD generated a SELL signal for Muthoot Microfin in short term but the sell signal is initial and weak.

Muthoot Microfin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Muthoot Microfin in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 235.02 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.