Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2024-03-19 View latest technical analysis

10 day averaged volume of Precot Meridian is 4933

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	274.05	283.25	283.45	272.00	0.819 times
18 Mon Mar 2024	283.80	292.00	292.00	275.00	0.684 times
15 Fri Mar 2024	286.20	290.00	290.00	273.00	0.599 times
14 Thu Mar 2024	287.30	288.00	290.00	270.75	1.004 times
13 Wed Mar 2024	285.00	299.80	299.80	284.85	1.439 times
12 Tue Mar 2024	299.80	312.90	325.50	297.25	1.384 times
11 Mon Mar 2024	312.90	330.00	330.00	312.90	1.019 times
07 Thu Mar 2024	329.35	324.35	330.00	323.65	0.416 times
06 Wed Mar 2024	324.35	340.65	340.65	323.65	2.574 times
05 Tue Mar 2024	340.65	345.00	350.00	330.00	0.576 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 254.9 as stoploss in an intra day buy trade for a target of 315.47. However, stock will show a bearish move below 254.9.

Share price targets for Precot Meridian (PRECOT_BE)

Target Type	Value
Downside Target	37.15
Downside Target	53.35
Downside Target	62.45
Downside Target	80.00
Downside Target	82.20
Downside Target	84.90
Downside Target	95.00
Downside Target	270.75
Upside Target	292.00
Upside Target	323.65
Upside Target	336.60
Upside Target	357.00
Upside Target	382.30
Upside Target	388.00

Intraday share price targets for Precot Meridian (PRECOT_BE)

Target Type	Value
Downside Intraday Target	266.7
Downside Intraday Target	259.35
Upside Intraday Target	286.7
Upside Intraday Target	299.35
Upside Intraday Target	279.35

Weekly technical analysis of Precot Meridian (PRECOT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	274.05	292.00	292.00	272.00	0.276 times
15 Fri Mar 2024	286.20	330.00	330.00	270.75	1.407 times
07 Thu Mar 2024	329.35	336.50	357.00	323.65	0.918 times
02 Sat Mar 2024	343.00	379.00	388.00	336.60	0.456 times
23 Fri Feb 2024	375.40	86.20	382.30	82.20	1.281 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	274.05	355.65	357.00	270.75	0.893 times
29 Thu Feb 2024	348.65	86.20	388.00	82.20	0.414 times
29 Fri Jan 2021	86.20	84.90	95.00	80.00	1.18 times
31 Thu Dec 2020	84.90	62.00	84.90	53.35	1.359 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_BE)

Price action analysis of Precot Meridian ( (PRECOT_BE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Precot Meridian ( (PRECOT_BE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Precot Meridian ( (PRECOT_BE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Precot Meridian stock for short term is BUY. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 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

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 303.45 and Precot Meridian (PRECOT_BE) 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_BE) stock. Volume based technical analysis of Precot Meridian (PRECOT_BE) 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.