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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 2024-10-23 View latest technical analysis

10 day averaged volume of Mono Pharmacare is 5200

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	33.70	34.10	34.10	33.70	2.692 times
22 Tue Oct 2024	34.60	34.60	34.60	34.60	1.538 times
21 Mon Oct 2024	36.25	36.25	36.25	36.25	0.385 times
18 Fri Oct 2024	34.55	36.40	36.70	34.55	1.154 times
16 Wed Oct 2024	36.20	36.20	36.20	36.20	1.154 times
15 Tue Oct 2024	34.50	34.65	34.65	34.50	2.308 times
14 Mon Oct 2024	36.00	35.05	36.00	35.05	0.769 times
11 Fri Oct 2024	35.00	35.00	35.00	35.00	0.385 times
10 Thu Oct 2024	35.25	35.05	35.25	35.05	0.769 times
09 Wed Oct 2024	36.20	36.20	36.20	36.20	0.385 times

Stock of Mono Pharmacare (MONOPHARMA_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34.5, but if it comes above 34.5, then a intra day buy could be more profitable.
If you take a sell trade below 34.5, then use 34.5 as stoploss and 32.3 as target. However if you take a buy trade in stock , then use 34.5 as stoploss and 36.37 as target.

Share price targets for Mono Pharmacare (MONOPHARMA_SM)

Target Type	Value
Downside Target	33.25
Upside Target	34.50
Upside Target	36.70
Upside Target	36.85
Upside Target	37.00
Upside Target	38.00
Upside Target	41.00
Upside Target	41.50
Upside Target	41.95
Upside Target	42.80

Intraday share price targets for Mono Pharmacare (MONOPHARMA_SM)

Target Type	Value
Downside Intraday Target	32.85
Downside Intraday Target	32
Upside Intraday Target	35.4
Upside Intraday Target	37.1
Upside Intraday Target	34.55

Weekly technical analysis of Mono Pharmacare (MONOPHARMA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	33.70	36.25	36.25	33.70	0.857 times
18 Fri Oct 2024	34.55	35.05	36.70	34.50	2 times
11 Fri Oct 2024	35.00	35.10	36.20	35.00	0.171 times
04 Fri Oct 2024	36.85	38.00	38.00	35.00	0.32 times
27 Fri Sep 2024	38.80	35.65	41.95	35.65	4 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
23 Wed Oct 2024	33.70	36.00	36.85	33.70	0.195 times
30 Mon Sep 2024	36.90	37.40	41.95	33.25	1.221 times
30 Fri Aug 2024	37.40	36.50	41.50	35.75	0.839 times
31 Wed Jul 2024	38.15	38.55	41.00	37.00	3.727 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 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 Mono Pharmacare ( (MONOPHARMA_SM) ) based on a short 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

Price action analysis of Mono Pharmacare ( (MONOPHARMA_SM) ) 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 Mono Pharmacare ( (MONOPHARMA_SM) ) 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 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 and the sell signal is strong.

Mono Pharmacare Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 34.78 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 negative.

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