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(MCON_SM) Mcon Rasayan complete technical analysis [charts+indicators] | Buy/Sell Mcon Rasayan | (MCON_SM) share price targets

Complete technical analysis of Mcon Rasayan (MCON_SM) by charts plus indicators, forecast predictions and share price targets for Mcon Rasayan (MCON_SM)

Showing technical analysis as on 2024-03-05 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 12600

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	143.00	146.00	146.00	133.20	1.032 times
04 Mon Mar 2024	140.00	145.00	145.00	140.00	0.397 times
29 Thu Feb 2024	155.00	154.00	155.00	154.00	0.159 times
28 Wed Feb 2024	150.00	150.00	150.00	145.00	0.794 times
27 Tue Feb 2024	153.00	151.00	153.00	150.50	1.349 times
26 Mon Feb 2024	144.80	137.50	144.80	137.00	2.619 times
23 Fri Feb 2024	131.65	137.00	137.00	121.55	2.381 times
22 Thu Feb 2024	135.00	134.90	135.00	134.90	0.159 times
21 Wed Feb 2024	131.10	134.00	138.30	131.10	0.714 times
20 Tue Feb 2024	134.00	143.45	143.45	132.10	0.873 times

My analysis of stock is bullish for shortterm, and stock might move up till 147 or till 154.9. Use a stoploss of 140.44 and if this stock hits its stoploss, then it can fall down till 133.85

Share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Target	121.55
Downside Target	129.00
Downside Target	133.20
Downside Target	136.90
Upside Target	143.45
Upside Target	149.00
Upside Target	151.50
Upside Target	153.15
Upside Target	155.00
Upside Target	167.00
Upside Target	179.35

Intraday share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Intraday Target	135.47
Downside Intraday Target	127.93
Upside Intraday Target	148.27
Upside Intraday Target	153.53
Downside Intraday Target	140.73

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	143.00	145.00	146.00	133.20	0.29 times
29 Thu Feb 2024	155.00	137.50	155.00	137.00	1.051 times
23 Fri Feb 2024	131.65	137.00	143.45	121.55	1.372 times
16 Fri Feb 2024	140.00	148.00	149.00	129.00	1.536 times
09 Fri Feb 2024	143.00	145.05	151.50	139.80	0.718 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 Mcon Rasayan (MCON_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	143.00	145.00	146.00	133.20	0.086 times
29 Thu Feb 2024	155.00	145.10	155.00	121.55	1.462 times
31 Wed Jan 2024	150.10	166.05	167.00	137.75	0.761 times
29 Fri Dec 2023	172.50	137.10	179.35	137.10	1.253 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 Mcon Rasayan (MCON_SM)

Price action analysis of Mcon Rasayan ( (MCON_SM) ) 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 Mcon Rasayan ( (MCON_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 Mcon Rasayan ( (MCON_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 Mcon Rasayan ( (MCON_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 Mcon Rasayan stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mcon Rasayan 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.

Mcon Rasayan 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Mcon Rasayan 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Mcon Rasayan is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 141.07 and Mcon Rasayan (MCON_SM) 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 Mcon Rasayan (MCON_SM) stock. Volume based technical analysis of Mcon Rasayan (MCON_SM) stock is negative.

Mcon Rasayan Stock is giving positive 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.