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(HINDCON) Hindcon Chemicals complete technical analysis [charts+indicators] | Buy/Sell Hindcon Chemicals | (HINDCON) share price targets

Complete technical analysis of Hindcon Chemicals (HINDCON) by charts plus indicators, forecast predictions and share price targets for Hindcon Chemicals (HINDCON)

Showing technical analysis as on 2024-08-22 View latest technical analysis

10 day averaged volume of Hindcon Chemicals is 236637

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	56.01	57.80	58.00	55.63	0.791 times
21 Wed Aug 2024	56.46	59.00	59.00	54.81	1.398 times
20 Tue Aug 2024	57.80	54.00	57.86	53.66	3.785 times
19 Mon Aug 2024	52.60	50.98	52.60	49.99	0.863 times
16 Fri Aug 2024	47.82	45.95	48.96	45.81	0.467 times
14 Wed Aug 2024	47.04	50.40	51.00	46.32	0.935 times
13 Tue Aug 2024	50.37	51.30	51.44	50.13	0.316 times
12 Mon Aug 2024	50.29	51.35	52.39	50.00	0.417 times
09 Fri Aug 2024	51.39	48.40	52.38	48.40	1.106 times
08 Thu Aug 2024	53.75	55.86	55.86	53.01	0.341 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 58.2 as stoploss in an intra day sell trade for a target of 51.9. However, stock will show a bullish move above 58.2.

Share price targets for Hindcon Chemicals (HINDCON)

Target Type	Value
Downside Target	32.50
Downside Target	33.90
Downside Target	37.00
Downside Target	39.60
Downside Target	45.81
Downside Target	48.40
Downside Target	49.99
Downside Target	52.39
Upside Target	57.00
Upside Target	58.35
Upside Target	63.95
Upside Target	69.70
Upside Target	87.05
Upside Target	104.05
Upside Target	106.85
Upside Target	146.50

Intraday share price targets for Hindcon Chemicals (HINDCON)

Target Type	Value
Downside Intraday Target	51
Downside Intraday Target	45.99
Upside Intraday Target	60.01
Upside Intraday Target	64.01
Downside Intraday Target	55

Weekly technical analysis of Hindcon Chemicals (HINDCON)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	56.01	50.98	59.00	49.99	3.204 times
16 Fri Aug 2024	47.82	51.35	52.39	45.81	0.715 times
09 Fri Aug 2024	51.39	54.80	57.00	48.40	0.302 times
26 Tue Dec 2023	61.25	64.90	69.70	58.35	0.177 times
22 Fri Dec 2023	63.95	37.70	63.95	37.00	12.818 times

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

Monthly technical analysis of Hindcon Chemicals (HINDCON)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	56.01	54.80	59.00	45.81	0.158 times
26 Tue Dec 2023	61.25	37.60	69.70	33.90	7.215 times
30 Thu Nov 2023	36.50	32.50	39.60	32.50	1.248 times
11 Fri Aug 2023	132.10	110.00	146.50	104.05	2.488 times

Scroll below to view daily charts

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 Hindcon Chemicals (HINDCON)

Price action analysis of Hindcon Chemicals ( (HINDCON) ) 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 Hindcon Chemicals ( (HINDCON) ) based on a short to mid 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 Hindcon Chemicals ( (HINDCON) ) 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 Hindcon Chemicals stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Hindcon Chemicals 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.

Hindcon Chemicals 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 Hindcon Chemicals in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 Hindcon Chemicals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 54.3 and Hindcon Chemicals (HINDCON) 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 Hindcon Chemicals (HINDCON) stock. Volume based technical analysis of Hindcon Chemicals (HINDCON) stock is negative.

Hindcon Chemicals 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.