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(MONOPHARMA_SM) Mono Pharmacare complete technical analysis [charts+indicators] | Buy/Sell Mono Pharmacare | (MONOPHARMA_SM) share price targets

Complete technical analysis of Mono Pharmacare (MONOPHARMA_SM) by charts plus indicators, forecast predictions and share price targets for Mono Pharmacare (MONOPHARMA_SM)

Showing technical analysis as on 2024-01-12 View latest technical analysis

10 day averaged volume of Mono Pharmacare is 22800

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	48.05	48.00	48.05	47.15	1.404 times
11 Thu Jan 2024	48.65	49.80	49.85	48.05	1.404 times
10 Wed Jan 2024	49.85	49.00	49.85	49.00	0.702 times
09 Tue Jan 2024	49.00	48.50	50.10	48.50	1.93 times
08 Mon Jan 2024	48.50	50.40	50.40	48.05	0.877 times
05 Fri Jan 2024	49.05	50.95	51.00	49.05	0.877 times
04 Thu Jan 2024	49.15	49.15	49.50	48.45	0.877 times
03 Wed Jan 2024	49.75	50.00	50.70	49.55	1.053 times
02 Tue Jan 2024	51.00	50.70	51.00	50.70	0.526 times
01 Mon Jan 2024	50.70	49.05	50.75	49.05	1.053 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.4, but if it comes above 48.4, then a intra day buy could be more profitable.
If you take a sell trade below 48.4, then use 48.4 as stoploss and 47.3 as target. However if you take a buy trade in stock , then use 48.4 as stoploss and 49.39 as target.

Share price targets for Mono Pharmacare (MONOPHARMA_SM)

Target Type	Value
Downside Target	31.00
Downside Target	32.00
Downside Target	33.80
Downside Target	41.50
Downside Target	44.50
Downside Target	46.00
Downside Target	47.00
Upside Target	48.45
Upside Target	50.00
Upside Target	51.20
Upside Target	51.30
Upside Target	53.80
Upside Target	53.95
Upside Target	58.00

Intraday share price targets for Mono Pharmacare (MONOPHARMA_SM)

Target Type	Value
Downside Intraday Target	46.67
Downside Intraday Target	45.28
Upside Intraday Target	49.92
Upside Intraday Target	51.78
Upside Intraday Target	48.53

Weekly technical analysis of Mono Pharmacare (MONOPHARMA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	48.05	50.40	50.40	47.15	1.44 times
05 Fri Jan 2024	49.05	49.05	51.00	48.45	0.51 times
29 Fri Dec 2023	49.00	50.30	51.30	46.00	0.907 times
21 Thu Dec 2023	50.20	50.50	51.20	47.00	0.831 times
15 Fri Dec 2023	50.45	53.50	53.80	50.00	0.313 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 Mono Pharmacare (MONOPHARMA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	48.05	49.05	51.00	47.15	0.154 times
29 Fri Dec 2023	49.00	45.80	53.95	44.50	0.888 times
30 Thu Nov 2023	45.85	48.95	58.00	41.50	0.583 times
31 Tue Oct 2023	47.00	32.85	50.80	32.00	2.193 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 Mono Pharmacare (MONOPHARMA_SM)

Price action analysis of Mono Pharmacare ( (MONOPHARMA_SM) ) 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 Mono Pharmacare ( (MONOPHARMA_SM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mono Pharmacare ( (MONOPHARMA_SM) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Mono Pharmacare stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Mono Pharmacare 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 Mono Pharmacare 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Mono Pharmacare is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.2 and Mono Pharmacare (MONOPHARMA_SM) 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 Mono Pharmacare (MONOPHARMA_SM) stock. Volume based technical analysis of Mono Pharmacare (MONOPHARMA_SM) stock is negative.

Mono Pharmacare 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.