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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)

10 day averaged volume of Mahickra Chemical is 5775

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	117.00	125.00	125.00	116.00	0.779 times
06 Mon May 2024	126.05	139.00	139.00	126.05	0.519 times
03 Fri May 2024	125.00	137.15	137.15	125.00	0.909 times
30 Tue Apr 2024	117.15	117.10	120.00	117.00	1.039 times
24 Wed Apr 2024	117.00	117.00	117.00	117.00	1.558 times
22 Mon Apr 2024	117.05	117.05	117.05	117.05	0.26 times
19 Fri Apr 2024	120.00	120.00	120.00	120.00	1.039 times
18 Thu Apr 2024	124.00	120.00	124.00	118.00	1.558 times
16 Tue Apr 2024	122.00	122.35	122.35	122.00	1.039 times
12 Fri Apr 2024	128.05	128.10	128.10	128.00	0.519 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 119.2, but if it comes above 119.2, then a intra day buy could be more profitable.
If you take a sell trade below 119.2, then use 119.2 as stoploss and 114.6 as target. However if you take a buy trade in stock , then use 119.2 as stoploss and 123.11 as target.

Share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Target	100.00
Downside Target	115.00
Upside Target	124.00
Upside Target	128.10
Upside Target	129.00
Upside Target	130.00
Upside Target	137.15
Upside Target	139.00
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	109
Downside Intraday Target	101
Upside Intraday Target	132
Upside Intraday Target	147
Upside Intraday Target	124

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	117.00	139.00	139.00	116.00	0.667 times
03 Fri May 2024	125.00	117.10	137.15	117.00	1.071 times
24 Wed Apr 2024	117.00	117.05	117.05	117.00	0.5 times
19 Fri Apr 2024	120.00	122.35	124.00	118.00	1.167 times
12 Fri Apr 2024	128.05	125.00	128.10	124.25	0.857 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
07 Tue May 2024	117.00	137.15	139.00	116.00	0.167 times
30 Tue Apr 2024	117.15	126.00	130.00	117.00	0.233 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

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 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 Mahickra Chemical ( (MAHICKRA_SM) ) based on a short to mid 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 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 Mahickra Chemical stock for short term is BUY. 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 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 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 121.02 and Mahickra Chemical (MAHICKRA_SM) 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 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.