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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 2024-03-27 View latest technical analysis

10 day averaged volume of Mitcon Con is 11166

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	111.00	114.80	116.60	109.20	1.306 times
26 Tue Mar 2024	114.85	120.90	122.75	114.85	1.118 times
22 Fri Mar 2024	120.90	122.00	124.55	117.65	1.062 times
21 Thu Mar 2024	118.65	122.35	122.35	118.55	1.096 times
20 Wed Mar 2024	116.55	114.90	116.65	113.70	0.651 times
19 Tue Mar 2024	111.10	113.10	116.00	111.10	0.279 times
18 Mon Mar 2024	113.10	104.70	113.10	104.70	0.799 times
15 Fri Mar 2024	107.75	101.45	111.55	101.45	1.316 times
14 Thu Mar 2024	106.75	111.10	111.10	106.10	1.625 times
13 Wed Mar 2024	111.65	113.30	117.00	111.65	1.054 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 112.1, but if it comes above 112.1, then a intra day buy could be more profitable.
If you take a sell trade below 112.1, then use 112.1 as stoploss and 102.3 as target. However if you take a buy trade in stock , then use 112.1 as stoploss and 120.21 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	101.45
Downside Target	104.70
Downside Target	109.20
Upside Target	122.75
Upside Target	134.65
Upside Target	134.95
Upside Target	141.95
Upside Target	153.50
Upside Target	161.15

Intraday share price targets for Mitcon Con (MITCON_BE)

Target Type	Value
Downside Intraday Target	105.88
Downside Intraday Target	100.77
Upside Intraday Target	119.43
Upside Intraday Target	127.87
Upside Intraday Target	114.32

Weekly technical analysis of Mitcon Con (MITCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	111.00	120.90	122.75	109.20	0.624 times
22 Fri Mar 2024	120.90	104.70	124.55	104.70	0.605 times
15 Fri Mar 2024	107.75	133.00	134.65	101.45	1.223 times
07 Thu Mar 2024	128.25	130.70	134.95	123.35	1.074 times
02 Sat Mar 2024	130.70	137.00	141.95	127.00	0.796 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
27 Wed Mar 2024	111.00	132.05	134.95	101.45	0.468 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 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 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 Strong and stock is gaining momentum.

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

Mitcon Con Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Mitcon Con 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 negative zone. This is the SELL zone

Stock of Mitcon Con is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 112.75 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.