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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)

Showing technical analysis as on 2021-05-10 View latest technical analysis

10 day averaged volume of Resonance is 18458

Date Daily Closing Price Open High Low Volume
10 Mon May 2021 139.75 138.50 143.50 138.00 0.745 times
07 Fri May 2021 138.00 135.70 139.25 134.90 1.375 times
06 Thu May 2021 133.60 132.70 134.00 128.00 1.148 times
05 Wed May 2021 129.35 131.60 133.90 129.00 0.392 times
04 Tue May 2021 130.50 138.80 138.80 128.50 1.754 times
03 Mon May 2021 132.35 135.40 136.00 128.05 1.041 times
30 Fri Apr 2021 131.95 141.00 141.00 129.00 0.464 times
29 Thu Apr 2021 135.05 143.45 145.00 132.15 0.98 times
28 Wed Apr 2021 142.85 142.30 150.95 141.00 1.839 times
27 Tue Apr 2021 142.15 134.90 144.70 134.90 0.793 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 138.6, but if it comes below 138.6, then a intra day sell could be more profitable.
If you take a sell trade below 138.6, then use 138.6 as stoploss and 131.91 as target. However if you take a buy trade in stock , then use 138.6 as stoploss and 146.7 as target.

Share price targets for Resonance (Resonance)

Target Type Value
Downside Target 115.40
Downside Target 121.00
Downside Target 127.10
Downside Target 133.15
Downside Target 138.00
Upside Target 143.50
Upside Target 149.30
Upside Target 150.95
Upside Target 161.85
Upside Target 167.80

Intraday share price targets for Resonance (Resonance)

Target Type Value
Downside Intraday Target 137.33
Downside Intraday Target 134.92
Upside Intraday Target 142.83
Upside Intraday Target 145.92
Upside Intraday Target 140.42

Weekly technical analysis of Resonance (Resonance)

Date Weekly Closing Price Open High Low Volume
10 Mon May 2021 139.75 138.50 143.50 138.00 0.131 times
07 Fri May 2021 138.00 135.40 139.25 128.00 1.33 times
30 Fri Apr 2021 131.95 132.00 150.95 127.10 1.676 times
23 Fri Apr 2021 134.05 121.75 139.10 115.40 1.262 times
16 Fri Apr 2021 121.75 132.30 139.85 121.50 1.396 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
10 Mon May 2021 139.75 135.40 143.50 128.00 0.615 times
30 Fri Apr 2021 131.95 124.15 150.95 115.40 0.699 times
31 Wed Mar 2021 125.40 146.90 149.30 121.70 0.554 times
26 Fri Feb 2021 142.20 147.10 167.80 133.15 1.109 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 Resonance (Resonance)

Indicator Name Indicator Value Indicator Signal
ADX 29, 16, 28 Buy
MACD 1, 0Buy
Stochastics 41None
CCI 71Buy
RSI 53Buy
OBV 69866Sell
VWAP 136Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Resonance ( (Resonance) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Resonance ( (Resonance) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Resonance ( (Resonance) ) 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 Resonance ( (Resonance) ) 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 Resonance stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Resonance 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.

Resonance Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Resonance in short term and BUY signal is strong.

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 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 136.13 and Resonance (Resonance) 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 Resonance (Resonance) stock. Volume based technical analysis of Resonance (Resonance) stock is negative.

Resonance 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.

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Daily charts

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