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(PRECOT) Precot Meridian complete technical analysis [charts+indicators] | Buy/Sell Precot Meridian | (PRECOT) share price targets

Complete technical analysis of Precot Meridian (PRECOT) by charts plus indicators, forecast predictions and share price targets for Precot Meridian (PRECOT)

Showing technical analysis as on 2024-02-02 View latest technical analysis

10 day averaged volume of Precot Meridian is 9455

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	313.45	310.60	329.00	310.60	2.618 times
01 Thu Feb 2024	313.70	324.00	324.00	310.10	0.892 times
31 Wed Jan 2024	310.70	321.00	321.15	306.20	2.68 times
30 Tue Jan 2024	316.65	325.50	325.50	310.30	0.652 times
29 Mon Jan 2024	318.55	302.05	324.45	299.85	0.662 times
25 Thu Jan 2024	302.05	302.95	310.90	297.20	0.515 times
24 Wed Jan 2024	301.95	313.25	313.40	295.30	0.912 times
23 Tue Jan 2024	305.20	310.50	319.60	291.35	1.033 times
22 Mon Jan 2024	318.45	317.50	327.95	316.00	0.612 times
19 Fri Jan 2024	317.50	325.00	325.00	314.10	0.545 times

Stock of Precot Meridian (PRECOT) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 308.3 or till 300.4. Use a stoploss of 314.89 and if the stock hits stoploss, then it can shoot up till 321.49

Share price targets for Precot Meridian (PRECOT)

Target Type	Value
Downside Target	196.00
Downside Target	207.60
Downside Target	228.40
Downside Target	238.95
Downside Target	271.55
Downside Target	291.35
Downside Target	308.80
Upside Target	327.95
Upside Target	329.00
Upside Target	331.75
Upside Target	337.00
Upside Target	340.00

Intraday share price targets for Precot Meridian (PRECOT)

Target Type	Value
Downside Intraday Target	299.2
Downside Intraday Target	284.95
Upside Intraday Target	328.35
Upside Intraday Target	343.25
Upside Intraday Target	314.1

Weekly technical analysis of Precot Meridian (PRECOT)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	313.45	302.05	329.00	299.85	2.443 times
25 Thu Jan 2024	302.05	317.50	327.95	291.35	0.517 times
19 Fri Jan 2024	317.50	331.75	331.75	301.35	0.592 times
12 Fri Jan 2024	319.00	340.00	340.00	308.80	0.27 times
05 Fri Jan 2024	327.05	284.55	337.00	271.55	8.082 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Precot Meridian (PRECOT)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	313.45	324.00	329.00	310.10	0.058 times
31 Wed Jan 2024	310.70	284.55	340.00	271.55	0.851 times
29 Fri Dec 2023	273.70	233.45	295.00	228.40	5.74 times
30 Thu Nov 2023	231.85	219.20	240.55	207.60	0.916 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 Precot Meridian (PRECOT)

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

Price action analysis of Precot Meridian ( (PRECOT) ) based on a mid to longer 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.

ADX buy sell signal for Precot Meridian stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Precot Meridian 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Precot Meridian 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Precot Meridian is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 311.54 and Precot Meridian (PRECOT) 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 Precot Meridian (PRECOT) stock. Volume based technical analysis of Precot Meridian (PRECOT) stock is negative.

Precot Meridian Stock is giving positive 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.