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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 2024-06-06 View latest technical analysis

10 day averaged volume of Precot Meridian is 16073

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	393.90	392.00	409.75	387.95	0.593 times
05 Wed Jun 2024	400.00	364.85	410.00	361.40	1.081 times
04 Tue Jun 2024	371.90	388.00	396.00	368.15	0.648 times
03 Mon Jun 2024	390.20	400.00	409.90	380.00	0.746 times
21 Wed Feb 2024	351.05	346.00	357.00	340.55	0.649 times
20 Tue Feb 2024	340.25	356.15	356.15	335.00	0.385 times
19 Mon Feb 2024	356.20	348.20	360.00	340.00	0.752 times
16 Fri Feb 2024	348.45	360.00	360.00	345.05	0.64 times
15 Thu Feb 2024	352.55	351.00	355.00	332.55	1.197 times
14 Wed Feb 2024	347.00	325.10	349.50	322.30	2.316 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 403.5, for a target of 370.5 or 343.01

Share price targets for Precot Meridian (PRECOT)

Target Type	Value
Downside Target	207.60
Downside Target	228.40
Downside Target	240.55
Downside Target	271.55
Downside Target	295.00
Downside Target	306.05
Downside Target	329.00
Downside Target	348.90
Downside Target	360.00
Downside Target	361.40
Upside Target	410.00

Intraday share price targets for Precot Meridian (PRECOT)

Target Type	Value
Downside Intraday Target	366.87
Downside Intraday Target	339.83
Upside Intraday Target	415.47
Upside Intraday Target	437.03
Downside Intraday Target	388.43

Weekly technical analysis of Precot Meridian (PRECOT)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	393.90	400.00	410.00	361.40	1.718 times
21 Wed Feb 2024	351.05	348.20	360.00	335.00	0.179 times
16 Fri Feb 2024	348.45	333.00	360.00	306.05	0.973 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

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
06 Thu Jun 2024	393.90	400.00	410.00	361.40	0.127 times
21 Wed Feb 2024	351.05	324.00	360.00	297.35	0.679 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

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 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 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 363.43 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.