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(MewatZinc) Mewat Zinc complete technical analysis [charts+indicators] | Buy/Sell Mewat Zinc | (MewatZinc) share price targets

Complete technical analysis of Mewat Zinc (MewatZinc) by charts plus indicators, forecast predictions and share price targets for Mewat Zinc (MewatZinc)

Showing technical analysis as on 2024-09-04 View latest technical analysis

10 day averaged volume of Mewat Zinc is 406

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	149.20	156.95	156.95	149.15	2.197 times
03 Tue Sep 2024	156.95	156.95	156.95	156.95	3.687 times
02 Mon Sep 2024	165.20	165.20	165.20	165.20	1.241 times
30 Fri Aug 2024	173.85	173.95	173.95	173.85	0.079 times
29 Thu Aug 2024	168.00	165.10	168.45	164.95	2.874 times
28 Wed Aug 2024	165.10	165.10	165.10	165.10	0.493 times
27 Tue Aug 2024	165.10	178.50	178.50	165.00	0.239 times
26 Mon Aug 2024	170.00	179.65	179.65	170.00	0.155 times
23 Fri Aug 2024	171.10	163.65	171.80	163.65	0.204 times
22 Thu Aug 2024	163.65	163.00	163.65	162.00	0.268 times

Stock of Mewat Zinc (MewatZinc) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 156.9, but if it comes above 156.9, then a intra day buy could be more profitable.
If you take a sell trade below 156.9, then use 156.9 as stoploss and 143.1 as target. However if you take a buy trade in stock , then use 156.9 as stoploss and 168.43 as target.

Share price targets for Mewat Zinc (MewatZinc)

Target Type	Value
Downside Target	149.15
Upside Target	161.55
Upside Target	164.95
Upside Target	171.00
Upside Target	178.50
Upside Target	182.65
Upside Target	189.00
Upside Target	210.30
Upside Target	235.00
Upside Target	238.60
Upside Target	262.40

Intraday share price targets for Mewat Zinc (MewatZinc)

Target Type	Value
Downside Intraday Target	143.83
Downside Intraday Target	138.47
Upside Intraday Target	159.88
Upside Intraday Target	170.57
Upside Intraday Target	154.52

Weekly technical analysis of Mewat Zinc (MewatZinc)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	149.20	165.20	165.20	149.15	1.856 times
30 Fri Aug 2024	173.85	179.65	179.65	164.95	1.292 times
23 Fri Aug 2024	171.10	150.50	178.50	150.50	0.431 times
16 Fri Aug 2024	155.90	182.65	182.65	151.00	1.093 times
09 Fri Aug 2024	182.65	233.40	235.00	182.00	22.27 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mewat Zinc (MewatZinc)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	149.20	165.20	165.20	149.15	0.354 times
30 Fri Aug 2024	173.85	229.00	235.00	150.50	3.078 times
31 Wed Jul 2024	229.00	238.00	262.40	210.30	0.407 times
28 Fri Jun 2024	238.60	189.20	238.60	171.00	1.03 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 Mewat Zinc (MewatZinc)

Price action analysis of Mewat Zinc ( (MewatZinc) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mewat Zinc ( (MewatZinc) ) 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 Mewat Zinc ( (MewatZinc) ) 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 Mewat Zinc ( (MewatZinc) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Mewat Zinc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mewat Zinc in short term and the sell signal is strong.

Mewat Zinc 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mewat Zinc in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mewat Zinc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 160.36 and Mewat Zinc (MewatZinc) 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 Mewat Zinc (MewatZinc) stock. Volume based technical analysis of Mewat Zinc (MewatZinc) stock is negative.

Mewat Zinc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.