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(MUFTI) Credo Brands complete technical analysis [charts+indicators] | Buy/Sell Credo Brands | (MUFTI) share price targets

Complete technical analysis of Credo Brands (MUFTI) by charts plus indicators, forecast predictions and share price targets for Credo Brands (MUFTI)

10 day averaged volume of Credo Brands is 138708

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 175.25 172.30 177.65 172.10 1.185 times
16 Thu May 2024 171.75 171.45 173.00 169.90 0.696 times
15 Wed May 2024 170.15 171.80 174.30 168.90 0.887 times
14 Tue May 2024 170.95 172.25 173.50 170.50 0.792 times
13 Mon May 2024 170.60 172.05 173.00 169.45 0.806 times

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 173.6 as stoploss in an intra day buy trade for a target of 180.42. However, stock will show a bearish move below 173.6.

Share price targets for Credo Brands (MUFTI)

Target Type Value
Downside Target 165.40
Upside Target 177.65
Upside Target 188.45
Upside Target 192.95
Upside Target 193.45
Upside Target 211.55
Upside Target 222.80
Upside Target 236.10
Upside Target 250.00
Upside Target 278.40
Upside Target 293.45

Intraday share price targets for Credo Brands (MUFTI)

Target Type Value
Downside Intraday Target 170.22
Downside Intraday Target 165.18
Upside Intraday Target 178.97
Upside Intraday Target 182.68
Downside Intraday Target 173.93

Weekly technical analysis of Credo Brands (MUFTI)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 175.25 172.05 177.65 168.90 0.775 times
10 Fri May 2024 171.75 186.30 187.45 170.55 0.894 times
03 Fri May 2024 186.40 187.75 188.45 181.05 1.321 times
26 Fri Apr 2024 186.50 187.40 193.45 184.60 0.914 times
19 Fri Apr 2024 184.05 186.45 192.95 179.40 0.866 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 Credo Brands (MUFTI)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 175.25 185.00 188.45 168.90 0.292 times
30 Tue Apr 2024 182.75 169.00 211.55 168.50 0.597 times
28 Thu Mar 2024 166.95 225.20 236.10 165.40 1.795 times
29 Thu Feb 2024 225.00 267.20 278.40 222.80 0.425 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 Credo Brands (MUFTI)

Indicator Name Indicator Value Indicator Signal
ADX 16, 23, 17 Sell
MACD -13, -13Buy
Stochastics 19Sell
CCI -3Buy
RSI 54Buy
OBV -555723Sell
VWAP 175Buy
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Credo Brands ( (MUFTI) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Credo Brands ( (MUFTI) ) 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 Credo Brands ( (MUFTI) ) 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 Credo Brands ( (MUFTI) ) 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 Credo Brands stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Credo Brands in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Credo Brands Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Credo Brands in short term but BUY signal is weak.

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 Credo Brands is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 174.8 and Credo Brands (MUFTI) 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 Credo Brands (MUFTI) stock. Volume based technical analysis of Credo Brands (MUFTI) stock is negative.

Credo Brands 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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