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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 2024-08-16 View latest technical analysis

10 day averaged volume of Macpower Cnc is 12432

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	1385.05	1449.00	1457.95	1385.05	1.703 times
14 Wed Aug 2024	1457.95	1457.95	1500.00	1457.95	1.776 times
13 Tue Aug 2024	1534.65	1552.50	1575.00	1505.00	1.49 times
12 Mon Aug 2024	1531.00	1544.00	1554.00	1480.00	2.508 times
09 Fri Aug 2024	1516.05	1548.50	1548.50	1490.10	0.295 times
08 Thu Aug 2024	1512.40	1500.00	1549.00	1491.00	0.512 times
07 Wed Aug 2024	1490.95	1429.95	1491.25	1400.00	0.628 times
06 Tue Aug 2024	1420.25	1421.00	1500.00	1405.00	0.473 times
05 Mon Aug 2024	1440.65	1441.00	1495.00	1430.85	0.871 times
02 Fri Aug 2024	1506.15	1515.00	1559.95	1465.20	0.654 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1359.2, for a target of 1463.1 or 1549.66

Share price targets for Macpower Cnc (MACPOWER_BE)

Target Type	Value
Downside Target	1128.80
Downside Target	1235.00
Downside Target	1301.00
Downside Target	1385.05
Upside Target	1430.10
Upside Target	1465.20
Upside Target	1528.00
Upside Target	1575.00
Upside Target	1625.00
Upside Target	1645.00
Upside Target	1734.00
Upside Target	1736.95

Intraday share price targets for Macpower Cnc (MACPOWER_BE)

Target Type	Value
Downside Intraday Target	1321.73
Downside Intraday Target	1258.42
Upside Intraday Target	1511.68
Upside Intraday Target	1638.32
Upside Intraday Target	1448.37

Weekly technical analysis of Macpower Cnc (MACPOWER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	1385.05	1544.00	1575.00	1385.05	2.691 times
09 Fri Aug 2024	1516.05	1441.00	1549.00	1400.00	0.689 times
02 Fri Aug 2024	1506.15	1620.00	1645.00	1465.20	0.792 times
26 Fri Jul 2024	1634.45	1734.00	1734.00	1540.00	0.362 times
19 Fri Jul 2024	1733.10	1459.65	1736.95	1430.10	1.918 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
16 Fri Aug 2024	1385.05	1570.00	1625.00	1385.05	0.346 times
31 Wed Jul 2024	1593.85	1420.00	1736.95	1235.00	1.282 times
28 Fri Jun 2024	1388.00	1505.60	1531.95	1301.00	1.015 times
31 Fri May 2024	1433.95	1328.75	1528.00	1244.30	2.917 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 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 Macpower Cnc ( (MACPOWER_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Macpower Cnc stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

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 SELL signal in short term and selling is picking up 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 1479.74 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.