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(MOL) Meghmani Organics complete technical analysis [charts+indicators] | Buy/Sell Meghmani Organics | (MOL) share price targets

Complete technical analysis of Meghmani Organics (MOL) by charts plus indicators, forecast predictions and share price targets for Meghmani Organics (MOL)

10 day averaged volume of Meghmani Organics is 630229

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 82.65 82.20 83.40 82.20 0.621 times
16 Thu May 2024 82.20 83.75 84.30 82.00 0.698 times
15 Wed May 2024 83.35 84.95 85.35 82.75 1.147 times
14 Tue May 2024 83.45 83.70 84.35 81.35 1.201 times
13 Mon May 2024 81.85 80.10 82.50 79.50 2.564 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 82.9, but if it comes above 82.9, then a intra day buy could be more profitable.
If you take a sell trade below 82.9, then use 82.9 as stoploss and 79.8 as target. However if you take a buy trade in stock , then use 82.9 as stoploss and 85.41 as target.

Share price targets for Meghmani Organics (MOL)

Target Type Value
Downside Target 75.75
Downside Target 79.50
Upside Target 82.75
Upside Target 85.25
Upside Target 87.70
Upside Target 89.70
Upside Target 90.50
Upside Target 92.70
Upside Target 93.90
Upside Target 99.90
Upside Target 104.50

Intraday share price targets for Meghmani Organics (MOL)

Target Type Value
Downside Intraday Target 79.65
Downside Intraday Target 76.65
Upside Intraday Target 85.5
Upside Intraday Target 88.35
Downside Intraday Target 82.5

Weekly technical analysis of Meghmani Organics (MOL)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 82.65 80.10 85.35 79.50 1.653 times
10 Fri May 2024 84.10 86.15 86.40 81.05 0.809 times
03 Fri May 2024 86.00 89.00 89.70 85.25 0.4 times
26 Fri Apr 2024 88.50 88.85 92.70 86.60 1.085 times
19 Fri Apr 2024 88.20 86.00 90.50 82.75 1.202 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 Meghmani Organics (MOL)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 82.65 86.60 87.70 79.50 0.257 times
30 Tue Apr 2024 86.60 79.75 92.70 79.75 0.867 times
28 Thu Mar 2024 79.30 97.85 99.90 75.75 0.399 times
29 Thu Feb 2024 97.15 88.00 104.50 77.20 1.207 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 Meghmani Organics (MOL)

Indicator Name Indicator Value Indicator Signal
ADX 16, 20, 13 Sell
MACD -2, -1Sell
Stochastics 43None
CCI -42Sell
RSI 59Buy
OBV -3038949Sell
VWAP 83Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Meghmani Organics ( (MOL) ) 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 Meghmani Organics ( (MOL) ) 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 Meghmani Organics ( (MOL) ) 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 Meghmani Organics ( (MOL) ) 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 Meghmani Organics stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Meghmani Organics in short term and the sell signal is strong.

Meghmani Organics 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 SELL signal for Meghmani Organics in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 Meghmani Organics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 82.97 and Meghmani Organics (MOL) 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 Meghmani Organics (MOL) stock. Volume based technical analysis of Meghmani Organics (MOL) stock is negative.

Meghmani Organics 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.

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