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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 2024-10-08 View latest technical analysis

10 day averaged volume of Resonance is 7525

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	96.02	92.00	101.98	92.00	0.756 times
07 Mon Oct 2024	94.07	96.50	96.79	92.00	1.118 times
03 Thu Oct 2024	96.78	100.00	101.80	96.00	1.885 times
01 Tue Oct 2024	99.79	100.00	101.90	98.00	1.221 times
30 Mon Sep 2024	99.75	101.00	101.00	99.50	0.569 times
27 Fri Sep 2024	100.80	100.40	101.65	99.55	0.296 times
26 Thu Sep 2024	100.40	102.60	102.60	100.00	1.883 times
25 Wed Sep 2024	101.20	101.60	102.25	99.35	1.211 times
24 Tue Sep 2024	101.60	101.00	103.10	100.60	0.619 times
23 Mon Sep 2024	102.05	100.00	103.60	100.00	0.272 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 98.2, but if it comes above 98.2, then a intra day buy could be more profitable.
If you take a sell trade below 98.2, then use 98.2 as stoploss and 94.3 as target. However if you take a buy trade in stock , then use 98.2 as stoploss and 101.43 as target.

Share price targets for Resonance (Resonance)

Target Type	Value
Downside Target	92.00
Downside Target	96.00
Upside Target	99.30
Upside Target	101.98
Upside Target	103.60
Upside Target	106.00
Upside Target	108.95
Upside Target	110.90
Upside Target	112.05
Upside Target	116.00

Intraday share price targets for Resonance (Resonance)

Target Type	Value
Downside Intraday Target	91.35
Downside Intraday Target	86.69
Upside Intraday Target	101.33
Upside Intraday Target	106.65
Upside Intraday Target	96.67

Weekly technical analysis of Resonance (Resonance)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	96.02	96.50	101.98	92.00	0.51 times
03 Thu Oct 2024	96.78	101.00	101.90	96.00	0.858 times
27 Fri Sep 2024	100.80	100.00	103.60	99.35	1.054 times
20 Fri Sep 2024	101.25	108.20	108.95	100.30	0.269 times
13 Fri Sep 2024	105.05	105.50	112.05	100.40	2.335 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 Resonance (Resonance)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	96.02	100.00	101.98	92.00	0.164 times
30 Mon Sep 2024	99.75	106.50	112.05	99.30	0.845 times
30 Fri Aug 2024	104.80	101.35	110.90	96.20	1.42 times
31 Wed Jul 2024	101.35	100.05	106.00	96.50	0.908 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

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 red color and prices are below the red 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 98.77 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 negative.

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