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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 2022-05-12 View latest technical analysis

10 day averaged volume of Mjco is 14895

Date Daily Closing Price Open High Low Volume
12 Thu May 2022 87.15 85.00 89.85 85.00 0.488 times
11 Wed May 2022 87.70 89.95 93.25 85.00 0.943 times
10 Tue May 2022 88.95 93.95 94.00 88.55 1.643 times
09 Mon May 2022 93.20 98.00 98.00 92.15 1.242 times
06 Fri May 2022 97.00 96.50 98.75 93.55 0.57 times
05 Thu May 2022 97.80 94.95 97.80 93.70 0.866 times
04 Wed May 2022 93.15 100.95 100.95 92.25 0.782 times
02 Mon May 2022 97.10 102.45 102.45 96.10 0.551 times
29 Fri Apr 2022 101.15 103.60 103.60 100.05 1.382 times
28 Thu Apr 2022 100.40 107.90 107.90 99.50 1.054 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 92.6, but if it comes above 92.6, then a intra day buy could be more profitable.
If you take a sell trade below 92.6, then use 92.6 as stoploss and 78.5 as target. However if you take a buy trade in stock , then use 92.6 as stoploss and 104.38 as target.

Share price targets for Mjco (Mjco)

Target Type Value
Downside Target 85.00
Upside Target 92.25
Upside Target 98.00
Upside Target 102.45
Upside Target 107.95
Upside Target 114.90
Upside Target 128.00
Upside Target 130.00
Upside Target 130.50
Upside Target 144.95
Upside Target 146.10
Upside Target 170.55

Intraday share price targets for Mjco (Mjco)

Target Type Value
Downside Intraday Target 82.1
Downside Intraday Target 77.05
Upside Intraday Target 95.1
Upside Intraday Target 103.05
Upside Intraday Target 90.05

Weekly technical analysis of Mjco (Mjco)

Date Weekly Closing Price Open High Low Volume
12 Thu May 2022 87.15 98.00 98.00 85.00 1.559 times
06 Fri May 2022 97.00 102.45 102.45 92.25 0.471 times
29 Fri Apr 2022 101.15 113.00 114.90 99.50 0.523 times
22 Fri Apr 2022 112.00 125.00 128.00 109.55 1.077 times
13 Wed Apr 2022 128.85 134.00 146.10 116.00 0.911 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 Mjco (Mjco)

Date Monthly Closing Price Open High Low Volume
12 Thu May 2022 87.15 102.45 102.45 85.00 0.178 times
29 Fri Apr 2022 101.15 121.40 146.10 99.50 0.672 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

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 10, 30, 51 Sell
MACD -16, -14Sell
Stochastics 7Sell
CCI -132Sell
RSI 56Buy
OBV -98847Sell
VWAP 94Sell
ADL 0Sell
ROC -16Sell
Force Index 0Sell

Price action analysis of Mjco ( (Mjco) ) 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 Mjco ( (Mjco) ) 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 Mjco ( (Mjco) ) 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 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 SELL. Signal strength is Strong and stock is gaining 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 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 coming down

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

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 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 94.43 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 negative.

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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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