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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 2024-04-04 View latest technical analysis

10 day averaged volume of Mitcon Con is 8895

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	123.60	127.00	127.00	121.20	0.612 times
03 Wed Apr 2024	127.35	117.60	127.85	117.00	1.337 times
02 Tue Apr 2024	122.00	118.00	122.30	116.00	0.252 times
01 Mon Apr 2024	118.00	112.55	118.15	112.55	0.351 times
28 Thu Mar 2024	112.55	111.00	116.55	108.10	1.14 times
27 Wed Mar 2024	111.00	114.80	116.60	109.20	1.639 times
26 Tue Mar 2024	114.85	120.90	122.75	114.85	1.404 times
22 Fri Mar 2024	120.90	122.00	124.55	117.65	1.333 times
21 Thu Mar 2024	118.65	122.35	122.35	118.55	1.376 times
20 Wed Mar 2024	116.55	114.90	116.65	113.70	0.817 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 124.6 as stoploss in an intra day sell trade for a target of 117.92. However, stock will show a bullish move above 124.6.

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	114.82
Downside Intraday Target	106.03
Upside Intraday Target	130.12
Upside Intraday Target	136.63
Downside Intraday Target	121.33

Weekly technical analysis of Mitcon Con (MITCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	123.60	112.55	127.85	112.55	0.61 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
04 Thu Apr 2024	123.60	112.55	127.85	112.55	0.104 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 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 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 to mid 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 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 coming down

CCI has generated a SELL signal for Mitcon Con in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 117.85 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.