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(MACPOWER_BE) Macpower Cnc complete technical analysis [charts+indicators] | Buy/Sell Macpower Cnc | (MACPOWER_BE) share price targets

Complete technical analysis of Macpower Cnc (MACPOWER_BE) by charts plus indicators, forecast predictions and share price targets for Macpower Cnc (MACPOWER_BE)

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Macpower Cnc is 7509

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	870.00	870.00	870.00	870.00	0.044 times
01 Fri Mar 2024	870.00	875.00	875.00	870.00	0.649 times
29 Thu Feb 2024	878.80	880.00	880.00	878.80	0.425 times
28 Wed Feb 2024	896.70	915.00	915.00	896.70	0.992 times
27 Tue Feb 2024	915.00	925.00	925.00	915.00	0.625 times
26 Mon Feb 2024	915.00	923.05	923.05	914.00	3.727 times
23 Fri Feb 2024	923.00	924.60	927.25	923.00	0.865 times
22 Thu Feb 2024	909.10	909.10	909.10	909.00	0.667 times
21 Wed Feb 2024	919.25	938.05	938.05	919.25	0.794 times
20 Tue Feb 2024	938.00	942.30	942.50	938.00	0.533 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 893.4, but if it comes above 893.4, then a intra day buy could be more profitable.
If you take a sell trade below 893.4, then use 893.4 as stoploss and 843.9 as target. However if you take a buy trade in stock , then use 893.4 as stoploss and 934.72 as target.

Share price targets for Macpower Cnc (MACPOWER_BE)

Target Type	Value
Downside Target	448.90
Downside Target	567.85
Downside Target	597.70
Downside Target	625.75
Downside Target	677.20
Downside Target	770.05
Downside Target	870.00
Upside Target	906.10
Upside Target	955.00
Upside Target	960.75
Upside Target	961.95
Upside Target	980.35
Upside Target	1020.75

Intraday share price targets for Macpower Cnc (MACPOWER_BE)

Target Type	Value
Downside Intraday Target	851.67
Downside Intraday Target	833.33
Upside Intraday Target	906.67
Upside Intraday Target	943.33
Upside Intraday Target	888.33

Weekly technical analysis of Macpower Cnc (MACPOWER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	870.00	923.05	925.00	870.00	1.804 times
23 Fri Feb 2024	923.00	950.00	955.00	909.00	0.648 times
16 Fri Feb 2024	950.00	960.75	960.75	906.10	0.396 times
09 Fri Feb 2024	980.35	981.15	1020.75	980.35	0.986 times
02 Fri Feb 2024	961.95	803.95	961.95	770.05	1.741 times

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

Monthly technical analysis of Macpower Cnc (MACPOWER_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	870.00	875.00	875.00	870.00	0.023 times
29 Thu Feb 2024	878.80	943.10	1020.75	878.80	0.357 times
31 Wed Jan 2024	924.65	567.85	924.65	567.85	3.215 times
29 Fri Dec 2023	597.70	638.25	677.20	597.70	0.374 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 Macpower Cnc (MACPOWER_BE)

Price action analysis of Macpower Cnc ( (MACPOWER_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 Macpower Cnc ( (MACPOWER_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 Macpower Cnc ( (MACPOWER_BE) ) 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 Macpower Cnc stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Macpower Cnc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Macpower Cnc 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 positive zone. This is a BUY zone

Stock of Macpower Cnc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 910.05 and Macpower Cnc (MACPOWER_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 Macpower Cnc (MACPOWER_BE) stock. Volume based technical analysis of Macpower Cnc (MACPOWER_BE) stock is negative.

Macpower Cnc 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.