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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 19700

Date Daily Closing Price Open High Low Volume
21 Thu Nov 2024 166.65 166.65 166.65 166.65 0.051 times
19 Tue Nov 2024 175.40 175.40 176.10 175.40 2.995 times
18 Mon Nov 2024 184.60 184.60 184.60 184.60 0.051 times
14 Thu Nov 2024 194.30 194.30 194.30 194.30 0.254 times
13 Wed Nov 2024 204.50 210.00 210.00 200.00 1.574 times

My analysis of stock is bearish for shortterm, and stock might move down till 158.1 or till 137.7. Use a stoploss of 175.03 and if the stock hits stoploss, then it can shoot up till 192.01

Share price targets for Mcon Rasayan (MCON_SM)

Target Type Value
Downside Target 105.35
Downside Target 135.00
Downside Target 150.15
Downside Target 159.70
Upside Target 172.50
Upside Target 184.60
Upside Target 190.00
Upside Target 191.05
Upside Target 199.85
Upside Target 201.10
Upside Target 210.00
Upside Target 244.35

Intraday share price targets for Mcon Rasayan (MCON_SM)

Target Type Value
Downside Intraday Target 160.67
Downside Intraday Target 154.68
Upside Intraday Target 178.62
Upside Intraday Target 190.58
Upside Intraday Target 172.63

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date Weekly Closing Price Open High Low Volume
21 Thu Nov 2024 166.65 184.60 184.60 166.65 1.017 times
14 Thu Nov 2024 194.30 192.00 210.00 190.00 0.441 times
08 Fri Nov 2024 191.00 164.50 199.85 164.50 13.6 times
01 Fri Nov 2024 164.50 157.00 172.50 150.15 0.769 times
30 Wed Oct 2024 157.00 151.00 159.70 151.00 0.181 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 Mcon Rasayan (MCON_SM)

Date Monthly Closing Price Open High Low Volume
21 Thu Nov 2024 166.65 172.50 210.00 164.05 1.514 times
31 Thu Oct 2024 164.35 150.00 164.40 135.90 0.521 times
15 Mon Jul 2024 191.05 211.15 244.35 191.05 0.938 times
28 Fri Jun 2024 201.10 149.50 201.10 135.00 0.898 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Mcon Rasayan (MCON_SM)

Indicator Name Indicator Value Indicator Signal
ADX 35, 40, 7 Sell
MACD 9, 11Sell
Stochastics 15Sell
CCI -186Sell
RSI 43Sell
OBV 96000Sell
VWAP 189Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Mcon Rasayan ( (MCON_SM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mcon Rasayan ( (MCON_SM) ) based on a short 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.

Price action analysis of Mcon Rasayan ( (MCON_SM) ) based on a short to mid 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.

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

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

Mcon Rasayan Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 Mcon Rasayan in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Mcon Rasayan is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 188.68 and Mcon Rasayan (MCON_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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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