ebook Munafa Stock Market Course + Intraday & FNO calls  

       

MFGP NEWS why is Micro Focus Intl Plc price falling or rising

MFGP NEWS reasons for why stock price of Micro Focus Intl Plc is falling or rising

MFGP Micro Focus is falling or rising technical reasons

Technical analysis forecast of Micro Focus Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Micro Focus MFGP at this time. Stock is rising and might rise more.

It appears as if Micro Focus MFGP gave a large move recently.

Stock of Micro Focus (MFGP) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Micro Focus is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 6.5 as stoploss in an intra day sell trade for a target of 6.43. However, stock will show a bullish move above 6.5.

MFGP Micro Focus is falling or rising NEWS fundamental reasons

More announcements and NEWS

MFGP Micro Focus Intl Plc current price & indicator signals

Moving Averages for Micro Focus Intl Plc

  • 5Day Average: 6.51
  • 12Day Average: 6.49
  • 20Day Average: 6.43
  • 50Day Average: 6.34
  • 100Day Average: 6.1
  • 150Day Average: 5.38
  • 200Day Average: 5.13

MFGP Indicators & signals

Indicator MACD (12,26,9)

6.48, 6.42, 0.07
Indicator MACD is in positive zone

Indicator ADX (14)

0, 70, 70
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 62
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MFGP Micro Focus Intl Plc are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Mon Jan 2023 6.48 6.37 to 6.53 -0.46% 0.66 times
27 Fri Jan 2023 6.51 6.50 to 6.55 -0.31% 0.56 times
26 Thu Jan 2023 6.53 6.51 to 6.55 0% 0.94 times
25 Wed Jan 2023 6.53 6.47 to 6.57 0.77% 1.68 times
24 Tue Jan 2023 6.48 6.46 to 6.54 0% 0.98 times
23 Mon Jan 2023 6.48 6.48 to 6.53 -0.46% 1.68 times
20 Fri Jan 2023 6.51 6.48 to 6.55 0.31% 0.46 times
19 Thu Jan 2023 6.49 6.49 to 6.53 -0.15% 1.1 times
18 Wed Jan 2023 6.50 6.50 to 6.54 0.46% 1.34 times
17 Tue Jan 2023 6.47 6.44 to 6.47 0.94% 0.91 times
13 Fri Jan 2023 6.41 6.39 to 6.43 -0.31% 0.35 times
13 Fri Jan 2023 6.43 6.39 to 6.43 -0.16% 0.85 times

Videos related to: MFGP NEWS why is Micro Focus Intl Plc price falling or rising

Hindi Video The Truth Of Stock Markets That Everyone Is Hiding From You

Hindi Basics How To Trade In FnO Futures Options Stock Market

MFGP NEWS why is Micro Focus Intl Plc price falling or rising

 

Back to top