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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 2024-04-16 View latest technical analysis

10 day averaged volume of Mitcon Con is 5424

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	116.35	117.80	117.85	112.05	0.781 times
15 Mon Apr 2024	117.85	118.75	119.00	112.85	1.095 times
12 Fri Apr 2024	118.75	120.00	121.90	117.50	1.371 times
10 Wed Apr 2024	120.90	125.25	126.00	119.15	0.74 times
09 Tue Apr 2024	123.90	123.30	126.50	118.70	1.195 times
08 Mon Apr 2024	123.30	122.60	125.95	120.00	0.873 times
05 Fri Apr 2024	122.60	123.50	125.40	120.00	0.538 times
04 Thu Apr 2024	123.60	127.00	127.00	121.20	1.004 times
03 Wed Apr 2024	127.35	117.60	127.85	117.00	2.193 times
02 Tue Apr 2024	122.00	118.00	122.30	116.00	0.414 times

My analysis of stock is bearish for shortterm, and stock might move down till 113 or till 107. Use a stoploss of 118.05 and if the stock hits stoploss, then it can shoot up till 123.08

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	112.05
Upside Target	117.50
Upside Target	122.75
Upside Target	127.00
Upside Target	127.85
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	112.6
Downside Intraday Target	108.85
Upside Intraday Target	119.55
Upside Intraday Target	122.75
Downside Intraday Target	115.8

Weekly technical analysis of Mitcon Con (MITCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	116.35	118.75	119.00	112.05	0.449 times
12 Fri Apr 2024	118.75	122.60	126.50	117.50	0.884 times
05 Fri Apr 2024	122.60	112.55	127.85	112.55	0.689 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

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
16 Tue Apr 2024	116.35	112.55	127.85	112.05	0.269 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 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 Strong and stock is gaining momentum.

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

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 122.28 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.