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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 2024-02-05 View latest technical analysis

10 day averaged volume of Precot Meridian is 10514

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	304.45	318.90	324.90	297.35	2.031 times
02 Fri Feb 2024	313.45	310.60	329.00	310.60	2.354 times
01 Thu Feb 2024	313.70	324.00	324.00	310.10	0.803 times
31 Wed Jan 2024	310.70	321.00	321.15	306.20	2.41 times
30 Tue Jan 2024	316.65	325.50	325.50	310.30	0.586 times
29 Mon Jan 2024	318.55	302.05	324.45	299.85	0.595 times
25 Thu Jan 2024	302.05	302.95	310.90	297.20	0.463 times
24 Wed Jan 2024	301.95	313.25	313.40	295.30	0.82 times
23 Tue Jan 2024	305.20	310.50	319.60	291.35	0.929 times
22 Mon Jan 2024	318.45	317.50	327.95	316.00	0.55 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, but trade for tomorrow is selective. Take a sell trade only if stock stays below 307.4, but if it comes above 307.4, then a intra day buy could be more profitable.
If you take a sell trade below 307.4, then use 307.4 as stoploss and 299.8 as target. However if you take a buy trade in stock , then use 307.4 as stoploss and 313.76 as target.

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
Upside Target	308.80
Upside Target	324.90
Upside Target	327.95
Upside Target	329.00
Upside Target	331.75
Upside Target	340.00

Intraday share price targets for Precot Meridian (PRECOT)

Target Type	Value
Downside Intraday Target	292.9
Downside Intraday Target	281.35
Upside Intraday Target	320.45
Upside Intraday Target	336.45
Upside Intraday Target	308.9

Weekly technical analysis of Precot Meridian (PRECOT)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	304.45	318.90	324.90	297.35	0.301 times
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

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 Precot Meridian (PRECOT)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	304.45	324.00	329.00	297.35	0.096 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 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 Precot Meridian (PRECOT)

Price action analysis of Precot Meridian ( (PRECOT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is losing 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 SELL signal for Precot Meridian in short term and SELL signal is strong!

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

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 310.03 and Precot Meridian (PRECOT) 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 Precot Meridian (PRECOT) stock. Volume based technical analysis of Precot Meridian (PRECOT) stock is negative.

Precot Meridian 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.