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(MALLCOM) Mallcom India complete technical analysis [charts+indicators] | Buy/Sell Mallcom India | (MALLCOM) share price targets

Complete technical analysis of Mallcom India (MALLCOM) by charts plus indicators, forecast predictions and share price targets for Mallcom India (MALLCOM)

10 day averaged volume of Mallcom India is 3182

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 1011.80 1021.00 1027.80 968.00 3.057 times
20 Mon May 2024 1021.95 1019.95 1040.00 1012.05 0.157 times
17 Fri May 2024 1019.90 1000.00 1039.75 1000.00 0.383 times
16 Thu May 2024 1011.25 1018.95 1030.75 1009.65 0.437 times
15 Wed May 2024 1004.30 1037.75 1045.35 996.20 1.498 times

Stock of Mallcom India (MALLCOM) has showed a significant fall. This could be a good time to exit from this stock.

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 1009.3 as stoploss in an intra day buy trade for a target of 1028.62. However, stock will show a bearish move below 1009.3.

Share price targets for Mallcom India (MALLCOM)

Target Type Value
Downside Target 800.00
Downside Target 918.00
Downside Target 960.00
Upside Target 1040.00
Upside Target 1070.00
Upside Target 1095.00
Upside Target 1099.95
Upside Target 1100.00
Upside Target 1140.05
Upside Target 1149.85

Intraday share price targets for Mallcom India (MALLCOM)

Target Type Value
Downside Intraday Target 973.2
Downside Intraday Target 934.6
Upside Intraday Target 1045.2
Upside Intraday Target 1078.6
Downside Intraday Target 1006.6

Weekly technical analysis of Mallcom India (MALLCOM)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 1011.80 1019.95 1040.00 968.00 0.835 times
17 Fri May 2024 1019.90 988.20 1045.35 978.05 0.562 times
10 Fri May 2024 998.40 1030.00 1095.00 981.00 1.134 times
03 Fri May 2024 1036.75 1056.85 1100.00 1009.05 0.57 times
26 Fri Apr 2024 1041.85 1000.00 1099.95 991.70 1.541 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 Mallcom India (MALLCOM)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 1011.80 1030.45 1100.00 968.00 0.607 times
30 Tue Apr 2024 1035.85 1018.00 1099.95 960.00 0.453 times
28 Thu Mar 2024 999.15 956.00 1070.00 800.00 0.689 times
29 Thu Feb 2024 942.00 1074.75 1140.05 918.00 1.313 times

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 Mallcom India (MALLCOM)

Indicator Name Indicator Value Indicator Signal
ADX 12, 20, 26 Sell
MACD 7, 11Sell
Stochastics 41None
CCI -118Sell
RSI 51Buy
OBV 5946Sell
VWAP 1012Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Mallcom India ( (MALLCOM) ) based on a short 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 Mallcom India ( (MALLCOM) ) based on a short 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 Mallcom India ( (MALLCOM) ) 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 Mallcom India ( (MALLCOM) ) 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 Mallcom India stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Mallcom India Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Mallcom India in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Mallcom India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1012.33 and Mallcom India (MALLCOM) 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 Mallcom India (MALLCOM) stock. Volume based technical analysis of Mallcom India (MALLCOM) stock is negative.

Mallcom India 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.

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