(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 2022-05-18 View latest technical analysis
10 day averaged volume of Mjco is 12411
|Date||Daily Closing Price||Open||High||Low||Volume|
|18 Wed May 2022||91.20||91.50||94.40||89.00||1.198 times|
|17 Tue May 2022||89.95||90.90||91.50||87.40||0.43 times|
|16 Mon May 2022||87.40||93.00||94.50||86.20||1.184 times|
|13 Fri May 2022||90.70||89.20||91.50||85.05||0.543 times|
|12 Thu May 2022||87.15||85.00||89.85||85.00||0.586 times|
|11 Wed May 2022||87.70||89.95||93.25||85.00||1.132 times|
|10 Tue May 2022||88.95||93.95||94.00||88.55||1.971 times|
|09 Mon May 2022||93.20||98.00||98.00||92.15||1.491 times|
|06 Fri May 2022||97.00||96.50||98.75||93.55||0.684 times|
|05 Thu May 2022||97.80||94.95||97.80||93.70||1.04 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 89.2 as stoploss in an intra day buy trade for a target of 98.07. However, stock will show a bearish move below 89.2.
Share price targets for Mjco (Mjco)
Intraday share price targets for Mjco (Mjco)
|Downside Intraday Target||86.77|
|Downside Intraday Target||82.33|
|Upside Intraday Target||95.07|
|Upside Intraday Target||98.93|
|Downside Intraday Target||90.63|
Weekly technical analysis of Mjco (Mjco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|18 Wed May 2022||91.20||93.00||94.50||86.20||0.491 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 up 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|
|18 Wed May 2022||91.20||102.45||102.45||85.00||0.248 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||17, 21, 12||Sell|
Price action analysis of Mjco ( (Mjco) ) based on a short 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a BUY signal for Mjco in short term but the buy signal is initial and weak.
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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mjco is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 90.98 and Mjco (Mjco) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.