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

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

Showing technical analysis as on 2024-03-27 View latest technical analysis

10 day averaged volume of Hindcon Chemicals is 34479

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	49.60	49.40	49.60	48.20	1.258 times
26 Tue Mar 2024	47.25	45.00	47.25	45.00	2.932 times
22 Fri Mar 2024	45.00	45.25	45.25	45.00	1.226 times
21 Thu Mar 2024	45.25	45.25	45.25	45.25	0.873 times
20 Wed Mar 2024	46.15	47.05	47.05	46.15	0.646 times
19 Tue Mar 2024	47.10	48.00	48.00	47.10	0.842 times
18 Mon Mar 2024	48.05	48.10	48.10	48.05	0.243 times
15 Fri Mar 2024	49.00	49.00	49.00	49.00	1.742 times
14 Thu Mar 2024	50.00	50.00	50.00	50.00	0.423 times
13 Wed Mar 2024	51.00	51.00	51.00	51.00	0.283 times

My analysis of stock is bearish for shortterm, and stock might move down till 47.4 or till 44. Use a stoploss of 50.12 and if the stock hits stoploss, then it can shoot up till 52.88

Share price targets for Hindcon Chemicals (HINDCON_BE)

Target Type	Value
Downside Target	29.10
Downside Target	45.00
Downside Target	48.10
Upside Target	51.35
Upside Target	52.55
Upside Target	53.05
Upside Target	56.70
Upside Target	58.30
Upside Target	61.35
Upside Target	62.65
Upside Target	144.15

Intraday share price targets for Hindcon Chemicals (HINDCON_BE)

Target Type	Value
Downside Intraday Target	46.53
Downside Intraday Target	43.47
Upside Intraday Target	51.13
Upside Intraday Target	52.67
Downside Intraday Target	48.07

Weekly technical analysis of Hindcon Chemicals (HINDCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	49.60	45.00	49.60	45.00	1.094 times
22 Fri Mar 2024	45.00	48.10	48.10	45.00	0.883 times
15 Fri Mar 2024	49.00	53.00	53.05	49.00	0.591 times
07 Thu Mar 2024	53.00	51.35	53.00	50.30	1.066 times
02 Sat Mar 2024	51.35	56.70	56.70	51.35	0.203 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 Hindcon Chemicals (HINDCON_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	49.60	52.40	53.05	45.00	0.28 times
29 Thu Feb 2024	53.45	49.65	62.65	48.20	0.72 times
31 Wed Jan 2024	49.65	55.05	61.35	48.60	4.218 times
29 Fri Dec 2023	57.95	58.30	58.30	52.55	1.001 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_BE)

Price action analysis of Hindcon Chemicals ( (HINDCON_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 Hindcon Chemicals ( (HINDCON_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 Hindcon Chemicals ( (HINDCON_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 Hindcon Chemicals ( (HINDCON_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 Hindcon Chemicals stock for short term is SELL. Signal strength is Weak 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 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 buy signal for Hindcon Chemicals in short term and BUY signal is strong.

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

Stock of Hindcon Chemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 47.54 and Hindcon Chemicals (HINDCON_BE) 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 Hindcon Chemicals (HINDCON_BE) stock. Volume based technical analysis of Hindcon Chemicals (HINDCON_BE) stock is negative.

Hindcon Chemicals 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.