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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 2024-02-12 View latest technical analysis

10 day averaged volume of Precot Meridian is 23576

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	331.10	333.00	351.00	306.05	2.887 times
09 Fri Feb 2024	330.70	339.00	339.00	311.00	0.834 times
08 Thu Feb 2024	332.15	335.70	348.90	328.10	1.48 times
07 Wed Feb 2024	330.65	326.40	335.00	320.00	2.2 times
06 Tue Feb 2024	316.75	308.00	324.20	304.90	1.571 times
05 Mon Feb 2024	304.45	318.90	324.90	297.35	0.906 times
02 Fri Feb 2024	313.45	310.60	329.00	310.60	1.05 times
01 Thu Feb 2024	313.70	324.00	324.00	310.10	0.358 times
31 Wed Jan 2024	310.70	321.00	321.15	306.20	1.075 times
30 Tue Jan 2024	316.65	325.50	325.50	310.30	0.261 times

Stock of Precot Meridian (PRECOT) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 325.1, but if it comes below 325.1, then a intra day sell could be more profitable.
If you take a sell trade below 325.1, then use 325.1 as stoploss and 315.81 as target. However if you take a buy trade in stock , then use 325.1 as stoploss and 336.2 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
Downside Target	327.95
Downside Target	329.00
Upside Target	331.75
Upside Target	340.00
Upside Target	348.90
Upside Target	351.00

Intraday share price targets for Precot Meridian (PRECOT)

Target Type	Value
Downside Intraday Target	307.77
Downside Intraday Target	284.43
Upside Intraday Target	352.72
Upside Intraday Target	374.33
Downside Intraday Target	329.38

Weekly technical analysis of Precot Meridian (PRECOT)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	331.10	333.00	351.00	306.05	0.413 times
09 Fri Feb 2024	330.70	318.90	348.90	297.35	2.323 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

Price has moved up 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
12 Mon Feb 2024	331.10	324.00	351.00	297.35	0.467 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 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 Weak 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 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 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

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 323.42 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.