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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 2024-04-03 View latest technical analysis

10 day averaged volume of Mitcon Con is 8598

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	127.35	117.60	127.85	117.00	1.384 times
02 Tue Apr 2024	122.00	118.00	122.30	116.00	0.261 times
01 Mon Apr 2024	118.00	112.55	118.15	112.55	0.363 times
28 Thu Mar 2024	112.55	111.00	116.55	108.10	1.179 times
27 Wed Mar 2024	111.00	114.80	116.60	109.20	1.696 times
26 Tue Mar 2024	114.85	120.90	122.75	114.85	1.452 times
22 Fri Mar 2024	120.90	122.00	124.55	117.65	1.379 times
21 Thu Mar 2024	118.65	122.35	122.35	118.55	1.423 times
20 Wed Mar 2024	116.55	114.90	116.65	113.70	0.845 times
19 Tue Mar 2024	111.10	113.10	116.00	111.10	0.363 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 125.2, but if it comes below 125.2, then a intra day sell could be more profitable.
If you take a sell trade below 125.2, then use 125.2 as stoploss and 118.2 as target. However if you take a buy trade in stock , then use 125.2 as stoploss and 133.6 as target.

Share price targets for Mitcon Con (MITCON_BE)

Target Type	Value
Downside Target	62.10
Downside Target	65.60
Downside Target	101.45
Downside Target	104.70
Downside Target	108.10
Downside Target	112.55
Downside Target	122.75
Upside Target	127.85
Upside Target	134.65
Upside Target	134.95
Upside Target	153.50
Upside Target	161.15

Intraday share price targets for Mitcon Con (MITCON_BE)

Target Type	Value
Downside Intraday Target	117.32
Downside Intraday Target	107.28
Upside Intraday Target	132.62
Upside Intraday Target	137.88
Downside Intraday Target	122.58

Weekly technical analysis of Mitcon Con (MITCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	127.35	112.55	127.85	112.55	0.464 times
28 Thu Mar 2024	112.55	120.90	122.75	108.10	0.857 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

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 Mitcon Con (MITCON_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	127.35	112.55	127.85	112.55	0.079 times
28 Thu Mar 2024	112.55	132.05	134.95	101.45	0.491 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

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 Mitcon Con (MITCON_BE)

Price action analysis of Mitcon Con ( (MITCON_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mitcon Con ( (MITCON_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mitcon Con ( (MITCON_BE) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Mitcon Con 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.

Mitcon Con Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 buy signal for Mitcon Con in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 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 117.26 and Mitcon Con (MITCON_BE) 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 Mitcon Con (MITCON_BE) stock. Volume based technical analysis of Mitcon Con (MITCON_BE) stock is negative.

Mitcon Con 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.