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(MAHICKRA_SM) Mahickra Chemical complete technical analysis [charts+indicators] | Buy/Sell Mahickra Chemical | (MAHICKRA_SM) share price targets

Complete technical analysis of Mahickra Chemical (MAHICKRA_SM) by charts plus indicators, forecast predictions and share price targets for Mahickra Chemical (MAHICKRA_SM)

Showing technical analysis as on 2024-04-16 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 16200

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	122.00	122.35	122.35	122.00	0.37 times
12 Fri Apr 2024	128.05	128.10	128.10	128.00	0.185 times
10 Wed Apr 2024	128.00	126.00	128.00	125.10	0.556 times
09 Tue Apr 2024	124.60	125.00	125.00	124.25	0.37 times
05 Fri Apr 2024	122.00	130.00	130.00	122.00	0.556 times
04 Thu Apr 2024	123.00	125.05	125.05	123.00	0.463 times
02 Tue Apr 2024	130.00	130.00	130.00	130.00	0.185 times
01 Mon Apr 2024	126.00	126.00	126.00	126.00	0.093 times
27 Wed Mar 2024	122.55	124.00	124.00	122.00	1.574 times
26 Tue Mar 2024	127.65	123.00	140.00	120.50	3.981 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 120.6 as stoploss in an intra day buy trade for a target of 128.32. However, stock will show a bearish move below 120.6.

Share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Target	97.20
Downside Target	100.00
Downside Target	115.00
Downside Target	118.10
Downside Target	120.50
Upside Target	128.10
Upside Target	130.00
Upside Target	133.50
Upside Target	140.00
Upside Target	145.00
Upside Target	149.95
Upside Target	159.35

Intraday share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Intraday Target	121.88
Downside Intraday Target	121.77
Upside Intraday Target	122.23
Upside Intraday Target	122.47
Upside Intraday Target	122.12

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	122.00	122.35	122.35	122.00	0.333 times
12 Fri Apr 2024	128.05	125.00	128.10	124.25	0.857 times
05 Fri Apr 2024	122.00	126.00	130.00	122.00	0.233 times
27 Wed Mar 2024	122.55	123.00	140.00	120.50	0.923 times
22 Fri Mar 2024	122.00	116.00	133.50	115.00	1.711 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 Mahickra Chemical (MAHICKRA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	122.00	126.00	130.00	122.00	0.137 times
27 Wed Mar 2024	122.55	120.45	149.95	115.00	0.763 times
28 Wed Feb 2024	150.20	130.35	159.35	129.00	1.104 times
31 Wed Jan 2024	137.45	101.00	145.00	100.00	2.063 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 Mahickra Chemical (MAHICKRA_SM)

Price action analysis of Mahickra Chemical ( (MAHICKRA_SM) ) 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 Mahickra Chemical ( (MAHICKRA_SM) ) based on a short to mid 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 Mahickra Chemical ( (MAHICKRA_SM) ) 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 Mahickra Chemical stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mahickra Chemical in short term and the sell signal is strong.

Mahickra Chemical 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 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 Mahickra Chemical 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mahickra Chemical is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 125.73 and Mahickra Chemical (MAHICKRA_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Mahickra Chemical (MAHICKRA_SM) stock. Volume based technical analysis of Mahickra Chemical (MAHICKRA_SM) stock is negative.

Mahickra Chemical 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.