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

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

Showing technical analysis as on 2024-09-13 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 10100

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	188.00	188.00	188.00	188.00	0.099 times
12 Thu Sep 2024	194.25	196.00	196.00	186.20	5.248 times
11 Wed Sep 2024	195.95	197.50	197.50	195.95	0.693 times
10 Tue Sep 2024	192.00	186.00	192.00	186.00	0.396 times
09 Mon Sep 2024	185.00	193.95	193.95	184.25	0.297 times
06 Fri Sep 2024	193.95	193.95	193.95	193.95	0.297 times
04 Wed Sep 2024	193.95	193.90	194.00	193.90	0.297 times
03 Tue Sep 2024	191.95	192.00	192.00	191.95	0.198 times
02 Mon Sep 2024	187.85	189.20	189.20	187.85	0.297 times
30 Fri Aug 2024	180.40	183.05	183.05	180.40	0.594 times

My analysis of stock is bearish for shortterm, and stock might move down till 185.1 or till 179.3. Use a stoploss of 189.95 and if the stock hits stoploss, then it can shoot up till 194.81

Share price targets for Mcon Rasayan (MCON_ST)

Target Type	Value
Downside Target	45.40
Downside Target	54.95
Downside Target	57.00
Downside Target	169.00
Downside Target	175.00
Downside Target	179.55
Upside Target	193.90
Upside Target	196.50
Upside Target	197.50
Upside Target	199.90
Upside Target	209.00

Intraday share price targets for Mcon Rasayan (MCON_ST)

Target Type	Value
Downside Intraday Target	182.33
Downside Intraday Target	176.67
Upside Intraday Target	195.58
Upside Intraday Target	203.17
Upside Intraday Target	189.92

Weekly technical analysis of Mcon Rasayan (MCON_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	188.00	193.95	197.50	184.25	6.182 times
06 Fri Sep 2024	193.95	189.20	194.00	187.85	0.155 times
30 Fri Aug 2024	180.40	194.80	196.50	180.40	1.919 times
23 Fri Aug 2024	186.00	191.00	199.90	179.55	0.638 times
16 Fri Aug 2024	191.45	183.00	209.00	182.95	1.094 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mcon Rasayan (MCON_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	188.00	189.20	197.50	184.25	0.35 times
30 Fri Aug 2024	180.40	193.00	209.00	175.00	1.018 times
31 Wed Jul 2024	185.50	185.00	193.90	169.00	8.222 times
03 Mon Apr 2023	54.95	54.95	54.95	54.95	0.011 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 Mcon Rasayan (MCON_ST)

Price action analysis of Mcon Rasayan ( (MCON_ST) ) based on a short 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 Mcon Rasayan ( (MCON_ST) ) based on a short to mid 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_ST) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mcon Rasayan stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mcon Rasayan in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mcon Rasayan in short term and SELL 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

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 192.61 and Mcon Rasayan (MCON_ST) 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 Mcon Rasayan (MCON_ST) stock. Volume based technical analysis of Mcon Rasayan (MCON_ST) stock is negative.

Mcon Rasayan 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.