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

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

10 day averaged volume of Mcleod Russe is 88028

Date Daily Closing Price Open High Low Volume
31 Fri Mar 2023 16.97 16.91 17.49 16.90 0.652 times
29 Wed Mar 2023 17.06 17.44 17.44 16.86 2.925 times
28 Tue Mar 2023 17.44 18.00 18.01 17.44 0.443 times
27 Mon Mar 2023 18.35 19.30 19.48 18.35 2.142 times
24 Fri Mar 2023 19.26 18.31 19.33 18.31 1.142 times
23 Thu Mar 2023 18.42 17.86 18.80 17.86 0.609 times
22 Wed Mar 2023 18.06 16.80 18.07 16.80 1.159 times
21 Tue Mar 2023 17.21 17.20 17.45 17.00 0.544 times
20 Mon Mar 2023 16.94 17.15 17.15 16.70 0.391 times
17 Fri Mar 2023 17.10 16.90 17.24 16.81 0.248 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.1, but if it comes above 17.1, then a intra day buy could be more profitable.
If you take a sell trade below 17.1, then use 17.1 as stoploss and 16.1 as target. However if you take a buy trade in stock , then use 17.1 as stoploss and 17.9 as target.

Share price targets for Mcleod Russe (McleodRusse)

Target Type Value
Downside Target 16.52
Upside Target 18.00
Upside Target 18.75
Upside Target 19.25
Upside Target 19.95
Upside Target 25.20
Upside Target 25.30
Upside Target 26.25
Upside Target 26.80
Upside Target 29.75
Upside Target 30.50
Upside Target 32.75

Intraday share price targets for Mcleod Russe (McleodRusse)

Target Type Value
Downside Intraday Target 16.06
Downside Intraday Target 15.15
Upside Intraday Target 18.68
Upside Intraday Target 20.39
Upside Intraday Target 17.77

Weekly technical analysis of Mcleod Russe (McleodRusse)

Date Weekly Closing Price Open High Low Volume
31 Fri Mar 2023 16.97 19.30 19.48 16.86 1.603 times
24 Fri Mar 2023 19.26 17.15 19.33 16.70 1.845 times
17 Fri Mar 2023 17.10 18.05 18.75 16.52 1.632 times
10 Fri Mar 2023 18.50 18.50 19.25 18.25 0.715 times
03 Fri Mar 2023 18.90 19.95 19.95 18.00 0.305 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 Mcleod Russe (McleodRusse)

Date Monthly Closing Price Open High Low Volume
31 Fri Mar 2023 16.97 18.76 19.48 16.52 0.447 times
28 Tue Feb 2023 19.00 26.15 26.25 16.85 1.591 times
31 Tue Jan 2023 26.00 30.00 30.50 25.20 0.371 times
30 Fri Dec 2022 29.60 27.60 32.75 26.80 2.878 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 Mcleod Russe (McleodRusse)

Indicator Name Indicator Value Indicator Signal
ADX 20, 28, 17 Sell
MACD -2, -2Buy
Stochastics 19Sell
CCI -61Sell
RSI 52Buy
OBV -377925Sell
VWAP 18Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Mcleod Russe ( (McleodRusse) ) 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 Mcleod Russe ( (McleodRusse) ) 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 Mcleod Russe ( (McleodRusse) ) 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 Mcleod Russe ( (McleodRusse) ) 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 Mcleod Russe stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mcleod Russe in short term but the buy signal is initial and weak.

Mcleod Russe 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 Mcleod Russe in short term

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 Mcleod Russe is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.78 and Mcleod Russe (McleodRusse) 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 Mcleod Russe (McleodRusse) stock. Volume based technical analysis of Mcleod Russe (McleodRusse) stock is negative.

Mcleod Russe 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.

Click here for Mcleod Russe charts

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Daily charts

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Daily chart

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