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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 2024-02-08 View latest technical analysis

10 day averaged volume of Precot Meridian is 19470

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	332.15	335.70	348.90	328.10	1.793 times
07 Wed Feb 2024	330.65	326.40	335.00	320.00	2.664 times
06 Tue Feb 2024	316.75	308.00	324.20	304.90	1.902 times
05 Mon Feb 2024	304.45	318.90	324.90	297.35	1.097 times
02 Fri Feb 2024	313.45	310.60	329.00	310.60	1.271 times
01 Thu Feb 2024	313.70	324.00	324.00	310.10	0.433 times
31 Wed Jan 2024	310.70	321.00	321.15	306.20	1.301 times
30 Tue Jan 2024	316.65	325.50	325.50	310.30	0.317 times
29 Mon Jan 2024	318.55	302.05	324.45	299.85	0.321 times
25 Thu Jan 2024	302.05	302.95	310.90	297.20	0.25 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 331.9, for a target of 322.4 or 314.55

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
Downside Target	327.95
Downside Target	329.00
Downside Target	331.75
Upside Target	340.00
Upside Target	348.90

Intraday share price targets for Precot Meridian (PRECOT)

Target Type	Value
Downside Intraday Target	303.37
Downside Intraday Target	274.58
Upside Intraday Target	354.92
Upside Intraday Target	377.68
Downside Intraday Target	326.13

Weekly technical analysis of Precot Meridian (PRECOT)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	332.15	318.90	348.90	297.35	2.046 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 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
08 Thu Feb 2024	332.15	324.00	348.90	297.35	0.313 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Precot Meridian ( (PRECOT) ) based on a short to mid 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Precot Meridian in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Precot Meridian Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 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 319.8 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.