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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 2024-05-18 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 375897

Date	Daily Closing Price	Open	High	Low	Volume
18 Sat May 2024	226.25	224.60	229.40	224.60	0.091 times
17 Fri May 2024	224.55	223.20	226.30	221.25	0.332 times
16 Thu May 2024	222.65	220.95	223.55	220.40	0.261 times
15 Wed May 2024	219.45	222.15	224.45	218.70	0.619 times
14 Tue May 2024	220.05	221.00	223.00	217.95	0.7 times
13 Mon May 2024	219.70	227.05	227.05	218.95	0.881 times
10 Fri May 2024	226.10	226.40	226.75	218.90	0.684 times
09 Thu May 2024	222.25	235.95	235.95	221.05	1.125 times
08 Wed May 2024	236.20	234.00	239.30	232.15	0.71 times
07 Tue May 2024	235.80	247.90	252.70	234.00	3.205 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 223.7 as stoploss in an intra day buy trade for a target of 232.01. However, stock will show a bearish move below 223.7.

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	196.60
Downside Target	217.95
Downside 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	219.67
Downside Intraday Target	213.08
Upside Intraday Target	231.12
Upside Intraday Target	235.98
Downside Intraday Target	224.53

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Sat May 2024	226.25	227.05	229.40	217.95	0.4 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 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
18 Sat May 2024	226.25	239.50	252.70	217.95	0.564 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 green color and prices are in or below 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 228.25 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.