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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 2024-12-16 View latest technical analysis

10 day averaged volume of Mcleod Russel is 1424957

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	46.64	42.19	46.64	42.19	1.07 times
13 Fri Dec 2024	44.42	44.42	44.42	44.42	0.187 times
12 Thu Dec 2024	46.76	46.97	47.65	46.76	0.26 times
11 Wed Dec 2024	49.23	51.83	51.83	49.23	1.132 times
10 Tue Dec 2024	51.83	50.75	51.83	50.00	2.848 times
09 Mon Dec 2024	49.37	48.82	49.85	45.42	1.531 times
06 Fri Dec 2024	47.82	48.13	48.13	45.30	1.849 times
05 Thu Dec 2024	45.84	44.90	46.01	44.15	1.088 times
24 Fri May 2024	26.60	24.85	26.60	24.70	0.422 times
23 Thu May 2024	25.35	24.40	25.40	24.00	0.626 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 45.3, but if it comes below 45.3, then a intra day sell could be more profitable.
If you take a sell trade below 45.3, then use 45.3 as stoploss and 33.79 as target. However if you take a buy trade in stock , then use 45.3 as stoploss and 59.1 as target.

Share price targets for Mcleod Russel (MCLEODRUSS_BE)

Target Type	Value
Downside Target	22.50
Downside Target	23.70
Downside Target	25.40
Downside Target	26.60
Downside Target	30.20
Downside Target	32.35
Downside Target	36.80
Downside Target	42.19
Downside Target	44.15
Downside Target	44.42
Downside Target	46.64
Upside Target	48.13
Upside Target	51.83

Intraday share price targets for Mcleod Russel (MCLEODRUSS_BE)

Target Type	Value
Downside Intraday Target	43.67
Downside Intraday Target	40.71
Upside Intraday Target	48.12
Upside Intraday Target	49.61
Downside Intraday Target	45.16

Weekly technical analysis of Mcleod Russel (MCLEODRUSS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	46.64	42.19	46.64	42.19	0.18 times
13 Fri Dec 2024	44.42	48.82	51.83	44.42	2.028 times
06 Fri Dec 2024	47.82	44.90	48.13	44.15	2.464 times
24 Fri May 2024	26.60	25.10	26.60	23.95	1.825 times
18 Sat May 2024	25.10	23.65	25.40	22.50	3.821 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
16 Mon Dec 2024	46.64	44.90	51.83	42.19	4.573 times
24 Fri May 2024	26.60	26.90	26.90	22.50	1.225 times
30 Tue Apr 2024	26.40	24.50	30.20	24.40	0.295 times
28 Thu Mar 2024	23.90	34.25	36.80	23.70	1.948 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 Mcleod Russel ( (MCLEODRUSS_BE) ) 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 Mcleod Russel ( (MCLEODRUSS_BE) ) 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 Mcleod Russel ( (MCLEODRUSS_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 Mcleod Russel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY zone

Stock of Mcleod Russel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 46.73 and Mcleod Russel (MCLEODRUSS_BE) 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 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.