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(PRECOT_BE) Precot Meridian complete technical analysis [charts+indicators] | Buy/Sell Precot Meridian | (PRECOT_BE) share price targets

Complete technical analysis of Precot Meridian (PRECOT_BE) by charts plus indicators, forecast predictions and share price targets for Precot Meridian (PRECOT_BE)

10 day averaged volume of Precot Meridian is 2362

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 373.90 359.00 379.90 359.00 1.065 times
20 Mon May 2024 377.00 360.00 377.00 360.00 0.977 times
17 Fri May 2024 376.80 362.15 378.00 344.20 1.731 times
16 Thu May 2024 360.15 378.00 378.00 351.00 0.875 times
15 Wed May 2024 360.25 356.00 376.00 356.00 0.497 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 367.4 as stoploss in an intra day buy trade for a target of 382.51. However, stock will show a bearish move below 367.4.

Share price targets for Precot Meridian (PRECOT_BE)

Target Type Value
Downside Target 80.00
Downside Target 82.20
Downside Target 95.00
Downside Target 270.75
Downside Target 314.60
Downside Target 344.20
Downside Target 357.00
Downside Target 369.10
Upside Target 379.90
Upside Target 388.00
Upside Target 400.00
Upside Target 409.95
Upside Target 417.00

Intraday share price targets for Precot Meridian (PRECOT_BE)

Target Type Value
Downside Intraday Target 361.97
Downside Intraday Target 350.03
Upside Intraday Target 382.87
Upside Intraday Target 391.83
Downside Intraday Target 370.93

Weekly technical analysis of Precot Meridian (PRECOT_BE)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 373.90 360.00 379.90 359.00 0.343 times
17 Fri May 2024 376.80 385.80 385.80 344.20 1.123 times
10 Fri May 2024 378.20 382.00 382.00 369.10 0.656 times
03 Fri May 2024 384.20 402.00 409.95 384.20 0.314 times
26 Fri Apr 2024 409.95 386.30 417.00 386.30 0.902 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 Precot Meridian (PRECOT_BE)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 373.90 400.00 400.00 344.20 0.241 times
30 Tue Apr 2024 400.00 321.00 417.00 314.60 2.256 times
28 Thu Mar 2024 321.00 355.65 357.00 270.75 1.191 times
29 Thu Feb 2024 348.65 86.20 388.00 82.20 0.421 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 Precot Meridian (PRECOT_BE)

Indicator Name Indicator Value Indicator Signal
ADX 12, 20, 26 Sell
MACD 23, 28Sell
Stochastics 76Buy
CCI 26Sell
RSI 56Buy
OBV 36374Sell
VWAP 372Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Precot Meridian ( (PRECOT_BE) ) 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 Precot Meridian ( (PRECOT_BE) ) 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 Precot Meridian ( (PRECOT_BE) ) 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 Precot Meridian ( (PRECOT_BE) ) 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 Precot Meridian stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Precot Meridian Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Precot Meridian in short term but SELL 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 Precot Meridian is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 371.8 and Precot Meridian (PRECOT_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Precot Meridian (PRECOT_BE) stock. Volume based technical analysis of Precot Meridian (PRECOT_BE) stock is negative.

Precot Meridian 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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