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(MCON_SM) Mcon Rasayan complete technical analysis [charts+indicators] | Buy/Sell Mcon Rasayan | (MCON_SM) share price targets

Complete technical analysis of Mcon Rasayan (MCON_SM) by charts plus indicators, forecast predictions and share price targets for Mcon Rasayan (MCON_SM)

10 day averaged volume of Mcon Rasayan is 10900

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 128.25 120.00 128.25 120.00 1.835 times
21 Tue May 2024 116.60 116.00 116.60 110.00 1.468 times
20 Mon May 2024 106.00 105.35 106.00 105.35 0.183 times
17 Fri May 2024 110.80 120.00 120.00 109.50 1.56 times
16 Thu May 2024 120.00 117.00 120.00 117.00 1.009 times

My analysis of stock is bullish for shortterm, and stock might move up till 133.7 or till 143.7. Use a stoploss of 125.4 and if this stock hits its stoploss, then it can fall down till 117.09

Share price targets for Mcon Rasayan (MCON_SM)

Target Type Value
Downside Target 105.35
Downside Target 109.50
Downside Target 115.00
Downside Target 119.00
Downside Target 121.55
Downside Target 124.00
Downside Target 128.00
Upside Target 137.75
Upside Target 138.50
Upside Target 146.00
Upside Target 155.00
Upside Target 167.00

Intraday share price targets for Mcon Rasayan (MCON_SM)

Target Type Value
Downside Intraday Target 112.98
Downside Intraday Target 97.72
Upside Intraday Target 135.88
Upside Intraday Target 143.52
Downside Intraday Target 120.62

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 128.25 105.35 128.25 105.35 0.633 times
17 Fri May 2024 110.80 119.00 129.90 109.50 1.579 times
03 Fri May 2024 120.00 127.00 128.00 119.00 2.714 times
26 Fri Apr 2024 137.85 128.00 138.50 128.00 0.667 times
18 Thu Apr 2024 128.00 124.50 131.00 124.00 0.583 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 Mcon Rasayan (MCON_SM)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 128.25 128.00 129.90 105.35 0.924 times
29 Mon Apr 2024 127.95 121.55 138.50 115.00 0.843 times
28 Thu Mar 2024 115.90 145.00 146.00 106.40 0.67 times
29 Thu Feb 2024 155.00 145.10 155.00 121.55 1.462 times

Price has moved up 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 Mcon Rasayan (MCON_SM)

Indicator Name Indicator Value Indicator Signal
ADX 40, 27, 19 Buy
MACD -6, -5Sell
Stochastics 47None
CCI 83Buy
RSI 49Sell
OBV -24000Sell
VWAP 120Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Mcon Rasayan ( (MCON_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mcon Rasayan ( (MCON_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mcon Rasayan ( (MCON_SM) ) 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 Mcon Rasayan ( (MCON_SM) ) 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 Mcon Rasayan stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mcon Rasayan 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.

Mcon Rasayan 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 moving up

CCI has generated a buy signal for Mcon Rasayan in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mcon Rasayan is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 120.08 and Mcon Rasayan (MCON_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Mcon Rasayan (MCON_SM) stock. Volume based technical analysis of Mcon Rasayan (MCON_SM) stock is negative.

Mcon Rasayan Stock is giving positive 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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