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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 2024-04-19 View latest technical analysis

10 day averaged volume of Hindcon Chemicals is 47135

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	49.05	50.15	50.45	48.60	0.946 times
18 Thu Apr 2024	50.15	49.90	50.85	49.90	0.817 times
16 Tue Apr 2024	49.95	48.65	50.90	48.65	0.791 times
15 Mon Apr 2024	49.65	51.00	51.00	48.60	1.305 times
12 Fri Apr 2024	51.15	51.90	51.90	50.20	1.063 times
10 Wed Apr 2024	50.90	51.00	52.20	50.60	0.66 times
09 Tue Apr 2024	51.00	52.55	53.10	50.50	0.806 times
08 Mon Apr 2024	52.55	53.00	54.00	51.40	1.015 times
05 Fri Apr 2024	53.55	54.85	54.85	51.10	1.33 times
04 Thu Apr 2024	53.10	55.00	55.00	52.00	1.055 times

My analysis of stock is bearish for shortterm, and stock might move down till 47.4 or till 44.3. Use a stoploss of 50.01 and if the stock hits stoploss, then it can shoot up till 52.6

Share price targets for Hindcon Chemicals (HINDCON_BE)

Target Type	Value
Downside Target	45.00
Downside Target	48.10
Upside Target	52.05
Upside Target	52.55
Upside Target	53.05
Upside Target	54.00
Upside Target	55.00
Upside Target	58.30
Upside Target	61.35
Upside Target	62.65

Intraday share price targets for Hindcon Chemicals (HINDCON_BE)

Target Type	Value
Downside Intraday Target	48.1
Downside Intraday Target	47.15
Upside Intraday Target	50.5
Upside Intraday Target	51.95
Upside Intraday Target	49.55

Weekly technical analysis of Hindcon Chemicals (HINDCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	49.05	51.00	51.00	48.60	1.089 times
12 Fri Apr 2024	51.15	53.00	54.00	50.20	0.516 times
05 Fri Apr 2024	53.55	52.90	55.00	49.25	1.223 times
28 Thu Mar 2024	52.05	45.00	52.05	45.00	2.004 times
22 Fri Mar 2024	45.00	48.10	48.10	45.00	0.883 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 Hindcon Chemicals (HINDCON_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	49.05	52.90	55.00	48.60	0.776 times
28 Thu Mar 2024	52.05	52.40	53.05	45.00	0.325 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

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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Hindcon Chemicals ( (HINDCON_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Hindcon Chemicals stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Hindcon Chemicals in short term and the sell signal is strong.

Hindcon Chemicals 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Hindcon Chemicals in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 51.22 and Hindcon Chemicals (HINDCON_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.