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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)

10 day averaged volume of Muthoot Microfin is 428583

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu May 2024	222.25	235.95	235.95	221.05	0.987 times
08 Wed May 2024	236.20	234.00	239.30	232.15	0.623 times
07 Tue May 2024	235.80	247.90	252.70	234.00	2.811 times
06 Mon May 2024	244.70	242.00	247.80	240.95	1.302 times
03 Fri May 2024	241.70	244.95	244.95	240.00	0.573 times
02 Thu May 2024	242.05	239.50	243.50	239.50	0.822 times
30 Tue Apr 2024	239.45	235.40	241.40	234.15	1.256 times
29 Mon Apr 2024	233.45	235.95	238.60	232.95	0.568 times
26 Fri Apr 2024	234.25	237.00	237.00	233.55	0.399 times
25 Thu Apr 2024	235.00	238.50	238.90	233.00	0.488 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 225.3, for a target of 231.3 or 236.23

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	196.60
Downside Target	221.05
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	211.3
Downside Intraday Target	200.35
Upside Intraday Target	242.95
Upside Intraday Target	263.65
Upside Intraday Target	232

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu May 2024	222.25	242.00	252.70	221.05	1.778 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Thu May 2024	222.25	239.50	252.70	221.05	0.392 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Muthoot Microfin ( (MUTHOOTMF) ) based on a mid to longer 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

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

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 236.74 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.