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(MCLEODRUSS_BE) Mcleod Russel complete technical analysis [charts+indicators] | Buy/Sell Mcleod Russel | (MCLEODRUSS_BE) share price targets

Complete technical analysis of Mcleod Russel (MCLEODRUSS_BE) by charts plus indicators, forecast predictions and share price targets for Mcleod Russel (MCLEODRUSS_BE)

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

10 day averaged volume of Mcleod Russel is 342784

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	28.90	28.50	28.95	28.00	1.46 times
03 Wed Apr 2024	27.60	27.60	27.60	27.00	1.162 times
02 Tue Apr 2024	26.30	26.30	26.30	26.30	0.189 times
01 Mon Apr 2024	25.05	24.50	25.05	24.40	0.215 times
28 Thu Mar 2024	23.90	24.70	25.45	23.70	1.207 times
27 Wed Mar 2024	24.65	25.65	26.80	24.45	2.321 times
26 Tue Mar 2024	25.70	27.05	27.20	25.65	0.989 times
22 Fri Mar 2024	27.00	27.20	27.65	26.15	1.158 times
21 Thu Mar 2024	27.20	27.00	28.10	26.80	0.853 times
20 Wed Mar 2024	26.80	25.55	26.80	25.00	1.072 times

My analysis of stock is bullish for shortterm, and stock might move up till 30.2 or till 33.4. Use a stoploss of 27.66 and if this stock hits its stoploss, then it can fall down till 25.07

Share price targets for Mcleod Russel (MCLEODRUSS_BE)

Target Type	Value
Downside Target	23.00
Downside Target	23.70
Downside Target	24.40
Downside Target	25.00
Downside Target	25.60
Downside Target	26.70
Downside Target	28.10
Upside Target	28.95
Upside Target	31.25
Upside Target	32.35
Upside Target	32.50
Upside Target	35.50
Upside Target	36.80
Upside Target	37.35

Intraday share price targets for Mcleod Russel (MCLEODRUSS_BE)

Target Type	Value
Downside Intraday Target	25.88
Downside Intraday Target	22.87
Upside Intraday Target	30.43
Upside Intraday Target	31.97
Downside Intraday Target	27.42

Weekly technical analysis of Mcleod Russel (MCLEODRUSS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	28.90	24.50	28.95	24.40	0.67 times
28 Thu Mar 2024	23.90	27.05	27.20	23.70	0.989 times
22 Fri Mar 2024	27.00	26.90	28.10	25.00	0.733 times
15 Fri Mar 2024	27.00	32.10	32.50	25.60	1.181 times
07 Thu Mar 2024	31.65	35.25	35.50	31.25	0.371 times

Price has moved up 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 Mcleod Russel (MCLEODRUSS_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	28.90	24.50	28.95	24.40	0.121 times
28 Thu Mar 2024	23.90	34.25	36.80	23.70	1.948 times
29 Thu Feb 2024	33.85	37.35	37.35	32.35	0.504 times
30 Tue Jan 2024	27.15	27.80	29.35	23.00	17.208 times

Scroll below to view daily charts

Price has moved up 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 Mcleod Russel (MCLEODRUSS_BE)

Price action analysis of Mcleod Russel ( (MCLEODRUSS_BE) ) based on a short 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 Mcleod Russel ( (MCLEODRUSS_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mcleod Russel ( (MCLEODRUSS_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 Mcleod Russel ( (MCLEODRUSS_BE) ) 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 Mcleod Russel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mcleod Russel in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mcleod Russel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mcleod Russel in short term and BUY 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 Mcleod Russel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 26.28 and Mcleod Russel (MCLEODRUSS_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Mcleod Russel (MCLEODRUSS_BE) stock. Volume based technical analysis of Mcleod Russel (MCLEODRUSS_BE) stock is negative.

Mcleod Russel Stock is giving positive 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.