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

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

10 day averaged volume of Resonance is 27741

Date Daily Closing Price Open High Low Volume
13 Mon May 2024 115.70 109.00 119.60 105.65 0.858 times
10 Fri May 2024 110.20 113.55 117.15 109.20 0.752 times
09 Thu May 2024 115.50 120.35 123.50 115.00 0.202 times
08 Wed May 2024 119.95 121.00 124.00 119.25 0.199 times
07 Tue May 2024 120.55 124.00 125.00 116.05 0.567 times
06 Mon May 2024 122.15 126.55 128.00 120.50 3.43 times
03 Fri May 2024 121.60 118.50 124.45 114.30 2.42 times
02 Thu May 2024 116.60 116.25 120.75 115.00 1.473 times
30 Tue Apr 2024 119.69 122.50 122.80 118.31 0.321 times
29 Mon Apr 2024 119.87 123.55 127.60 116.25 0.451 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 116.1, but if it comes above 116.1, then a intra day buy could be more profitable.
If you take a sell trade below 116.1, then use 116.1 as stoploss and 110.9 as target. However if you take a buy trade in stock , then use 116.1 as stoploss and 120.49 as target.

Share price targets for Resonance (Resonance)

Target Type Value
Downside Target 88.60
Downside Target 92.00
Downside Target 96.00
Downside Target 102.25
Downside Target 105.65
Downside Target 109.20
Downside Target 114.30
Upside Target 119.60
Upside Target 127.60
Upside Target 128.00
Upside Target 132.00
Upside Target 133.45

Intraday share price targets for Resonance (Resonance)

Target Type Value
Downside Intraday Target 107.7
Downside Intraday Target 99.7
Upside Intraday Target 121.65
Upside Intraday Target 127.6
Downside Intraday Target 113.65

Weekly technical analysis of Resonance (Resonance)

Date Weekly Closing Price Open High Low Volume
13 Mon May 2024 115.70 109.00 119.60 105.65 0.167 times
10 Fri May 2024 110.20 126.55 128.00 109.20 1.104 times
03 Fri May 2024 121.60 123.55 127.60 114.30 0.663 times
26 Fri Apr 2024 122.27 128.00 132.00 121.60 0.629 times
19 Fri Apr 2024 125.22 111.20 127.90 109.99 1.824 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 Resonance (Resonance)

Date Monthly Closing Price Open High Low Volume
13 Mon May 2024 115.70 116.25 128.00 105.65 0.383 times
30 Tue Apr 2024 119.69 94.00 132.00 92.00 3.284 times
28 Thu Mar 2024 90.20 109.85 115.40 88.60 0.702 times
29 Thu Feb 2024 106.65 111.70 116.80 96.00 0.451 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 Resonance (Resonance)

Price action analysis of Resonance ( (Resonance) ) 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 Resonance ( (Resonance) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Resonance ( (Resonance) ) 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 Resonance ( (Resonance) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Resonance in short term but the sell signal is initial and weak.

Resonance 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 Resonance in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Resonance is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 119.48 and Resonance (Resonance) 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 Resonance (Resonance) stock. Volume based technical analysis of Resonance (Resonance) stock is negative.

Resonance 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.

Price action analysis of Resonance ( (Resonance) ) 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 Resonance ( (Resonance) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Resonance ( (Resonance) ) 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 Resonance ( (Resonance) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Resonance in short term but the sell signal is initial and weak.

Resonance 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 Resonance in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Resonance is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 119.48 and Resonance (Resonance) 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 Resonance (Resonance) stock. Volume based technical analysis of Resonance (Resonance) stock is negative.

Resonance 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.

Click here for Resonance charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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