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(MITCON_BE) Mitcon Con complete technical analysis [charts+indicators] | Buy/Sell Mitcon Con | (MITCON_BE) share price targets

Complete technical analysis of Mitcon Con (MITCON_BE) by charts plus indicators, forecast predictions and share price targets for Mitcon Con (MITCON_BE)

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Mitcon Con is 13321

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	128.85	132.05	132.05	127.00	0.344 times
29 Thu Feb 2024	129.45	129.00	131.00	127.00	0.575 times
28 Wed Feb 2024	131.10	138.45	138.45	129.00	1.158 times
27 Tue Feb 2024	133.35	134.25	138.40	133.00	1.007 times
26 Mon Feb 2024	134.25	137.00	141.95	131.60	0.886 times
23 Fri Feb 2024	138.20	132.65	138.75	130.00	0.836 times
22 Thu Feb 2024	132.65	137.50	137.50	128.05	1.145 times
21 Wed Feb 2024	134.75	140.75	140.75	131.10	0.978 times
20 Tue Feb 2024	138.00	134.65	141.00	133.95	1.177 times
19 Mon Feb 2024	141.00	146.70	146.70	133.20	1.019 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 133.1, but if it comes above 133.1, then a intra day buy could be more profitable.
If you take a sell trade below 133.1, then use 133.1 as stoploss and 126 as target. However if you take a buy trade in stock , then use 133.1 as stoploss and 138.97 as target.

Share price targets for Mitcon Con (MITCON_BE)

Target Type	Value
Downside Target	60.00
Downside Target	62.10
Downside Target	65.60
Downside Target	69.40
Downside Target	126.10
Upside Target	132.05
Upside Target	135.70
Upside Target	141.95
Upside Target	146.70
Upside Target	151.90
Upside Target	153.50
Upside Target	155.80
Upside Target	161.15

Intraday share price targets for Mitcon Con (MITCON_BE)

Target Type	Value
Downside Intraday Target	123.25
Downside Intraday Target	117.65
Upside Intraday Target	138.2
Upside Intraday Target	147.55
Upside Intraday Target	132.6

Weekly technical analysis of Mitcon Con (MITCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	128.85	137.00	141.95	127.00	0.77 times
23 Fri Feb 2024	138.20	146.70	146.70	128.05	0.602 times
16 Fri Feb 2024	140.20	143.65	151.90	136.85	1.054 times
09 Fri Feb 2024	140.90	151.40	155.80	135.70	0.426 times
02 Fri Feb 2024	148.40	138.80	161.15	126.10	2.835 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 Mitcon Con (MITCON_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	128.85	132.05	132.05	127.00	0.01 times
29 Thu Feb 2024	129.45	161.15	161.15	127.00	2.25 times
31 Wed Jan 2024	153.50	131.35	153.50	126.10	3.452 times
05 Mon Dec 2022	63.55	65.25	65.60	62.10	0.309 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 Mitcon Con (MITCON_BE)

Price action analysis of Mitcon Con ( (MITCON_BE) ) 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 Mitcon Con ( (MITCON_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 Mitcon Con ( (MITCON_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 Mitcon Con stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Mitcon Con Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 buy signal for Mitcon Con in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 Mitcon Con is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 134.7 and Mitcon Con (MITCON_BE) 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 Mitcon Con (MITCON_BE) stock. Volume based technical analysis of Mitcon Con (MITCON_BE) stock is negative.

Mitcon Con Stock has given negative 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.