(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 2022-05-17 View latest technical analysis
10 day averaged volume of Mjco is 12699
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||89.95||90.90||91.50||87.40||0.42 times|
|16 Mon May 2022||87.40||93.00||94.50||86.20||1.157 times|
|13 Fri May 2022||90.70||89.20||91.50||85.05||0.531 times|
|12 Thu May 2022||87.15||85.00||89.85||85.00||0.573 times|
|11 Wed May 2022||87.70||89.95||93.25||85.00||1.106 times|
|10 Tue May 2022||88.95||93.95||94.00||88.55||1.927 times|
|09 Mon May 2022||93.20||98.00||98.00||92.15||1.457 times|
|06 Fri May 2022||97.00||96.50||98.75||93.55||0.668 times|
|05 Thu May 2022||97.80||94.95||97.80||93.70||1.016 times|
|04 Wed May 2022||93.15||100.95||100.95||92.25||0.918 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 89.7 as stoploss in an intra day buy trade for a target of 99.36. However, stock will show a bearish move below 89.7.
Share price targets for Mjco (Mjco)
Intraday share price targets for Mjco (Mjco)
|Downside Intraday Target||85.93|
|Downside Intraday Target||81.92|
|Upside Intraday Target||94.23|
|Upside Intraday Target||98.52|
|Upside Intraday Target||90.22|
Weekly technical analysis of Mjco (Mjco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||89.95||93.00||94.50||86.20||0.282 times|
|13 Fri May 2022||90.70||98.00||98.00||85.00||1.722 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|
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|
|17 Tue May 2022||89.95||102.45||102.45||85.00||0.223 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||13, 23, 27||Sell|
Price action analysis of Mjco ( (Mjco) ) 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
CCI has generated a buy signal for Mjco in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 91.16 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.