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

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

Showing technical analysis as on 2022-04-19 View latest technical analysis

10 day averaged volume of Mjco is 40514

Date Daily Closing Price Open High Low Volume
19 Tue Apr 2022 116.90 117.65 121.90 116.35 1.155 times
18 Mon Apr 2022 122.45 125.00 128.00 122.45 1.652 times
13 Wed Apr 2022 128.85 128.85 128.85 121.90 2.991 times
12 Tue Apr 2022 117.15 116.00 117.15 116.00 0.087 times
11 Mon Apr 2022 146.10 134.00 146.10 134.00 0.757 times
08 Fri Apr 2022 132.85 133.90 136.65 131.80 0.424 times
07 Thu Apr 2022 132.35 141.40 143.00 131.00 1.914 times
06 Wed Apr 2022 136.50 133.60 136.50 131.95 0.726 times
05 Tue Apr 2022 130.00 123.65 130.00 123.65 0.709 times
04 Mon Apr 2022 123.85 123.00 125.20 122.20 0.437 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 116.3 as stoploss in an intra day buy trade for a target of 124.18. However, stock will show a bearish move below 116.3.

Share price targets for Mjco (Mjco)

Target Type Value
Downside Target 103.05
Downside Target 107.95
Downside Target 112.50
Downside Target 116.00
Upside Target 122.20
Upside Target 125.00
Upside Target 132.60
Upside Target 143.00
Upside Target 144.95
Upside Target 146.10
Upside Target 170.55
Upside Target 197.60

Intraday share price targets for Mjco (Mjco)

Target Type Value
Downside Intraday Target 112.83
Downside Intraday Target 108.77
Upside Intraday Target 124.48
Upside Intraday Target 132.07
Upside Intraday Target 120.42

Weekly technical analysis of Mjco (Mjco)

Date Weekly Closing Price Open High Low Volume
19 Tue Apr 2022 116.90 125.00 128.00 116.35 0.732 times
13 Wed Apr 2022 128.85 134.00 146.10 116.00 0.911 times
08 Fri Apr 2022 132.85 123.00 143.00 122.20 1.04 times
01 Fri Apr 2022 123.80 123.30 125.00 118.65 0.407 times
25 Fri Mar 2022 123.30 124.95 125.50 112.50 3.423 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 Mjco (Mjco)

Date Monthly Closing Price Open High Low Volume
19 Tue Apr 2022 116.90 121.40 146.10 116.00 0.512 times
31 Thu Mar 2022 119.50 113.80 130.00 103.05 1.391 times
28 Mon Feb 2022 113.85 143.35 144.95 107.95 0.81 times
31 Mon Jan 2022 140.60 151.35 170.55 130.50 0.352 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 Mjco (Mjco)

Indicator Name Indicator Value Indicator Signal
ADX 32, 25, 11 Buy
MACD -0, 1Sell
Stochastics 22Sell
CCI -102Sell
RSI 48Sell
OBV 103911Sell
VWAP 129Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Mjco ( (Mjco) ) 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 Mjco ( (Mjco) ) 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 Mjco ( (Mjco) ) 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 Mjco ( (Mjco) ) 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 Mjco stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Mjco 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 green color and prices are in or below the green cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling is losing 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 Mjco is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 128.87 and Mjco (Mjco) 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 Mjco (Mjco) stock. Volume based technical analysis of Mjco (Mjco) stock is negative.

Mjco 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 Mjco charts

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Daily charts

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Daily chart

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