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 2024-03-20 View latest technical analysis

10 day averaged volume of Precot Meridian is 5187

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	286.90	282.00	286.90	277.00	0.578 times
19 Tue Mar 2024	274.05	283.25	283.45	272.00	0.779 times
18 Mon Mar 2024	283.80	292.00	292.00	275.00	0.65 times
15 Fri Mar 2024	286.20	290.00	290.00	273.00	0.57 times
14 Thu Mar 2024	287.30	288.00	290.00	270.75	0.955 times
13 Wed Mar 2024	285.00	299.80	299.80	284.85	1.368 times
12 Tue Mar 2024	299.80	312.90	325.50	297.25	1.317 times
11 Mon Mar 2024	312.90	330.00	330.00	312.90	0.969 times
07 Thu Mar 2024	329.35	324.35	330.00	323.65	0.396 times
06 Wed Mar 2024	324.35	340.65	340.65	323.65	2.448 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 293.3, but if it comes above 293.3, then a intra day buy could be more profitable.
If you take a sell trade below 293.3, then use 293.3 as stoploss and 254.7 as target. However if you take a buy trade in stock , then use 293.3 as stoploss and 325.4 as target.

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	275.27
Downside Intraday Target	263.63
Upside Intraday Target	295.27
Upside Intraday Target	303.63
Downside Intraday Target	283.63

Weekly technical analysis of Precot Meridian (PRECOT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	286.90	292.00	292.00	272.00	0.388 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 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	286.90	355.65	357.00	270.75	0.941 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Precot Meridian in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY 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 300.46 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.