(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 2022-05-19 View latest technical analysis
10 day averaged volume of Mjco is 12732
|Date||Daily Closing Price||Open||High||Low||Volume|
|19 Thu May 2022||90.65||91.00||92.00||87.05||0.255 times|
|18 Wed May 2022||91.20||91.50||94.40||89.00||1.168 times|
|17 Tue May 2022||89.95||90.90||91.50||87.40||0.419 times|
|16 Mon May 2022||87.40||93.00||94.50||86.20||1.154 times|
|13 Fri May 2022||90.70||89.20||91.50||85.05||0.53 times|
|12 Thu May 2022||87.15||85.00||89.85||85.00||0.571 times|
|11 Wed May 2022||87.70||89.95||93.25||85.00||1.103 times|
|10 Tue May 2022||88.95||93.95||94.00||88.55||1.922 times|
|09 Mon May 2022||93.20||98.00||98.00||92.15||1.454 times|
|06 Fri May 2022||97.00||96.50||98.75||93.55||0.667 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 88.8 as stoploss in an intra day buy trade for a target of 96.84. However, stock will show a bearish move below 88.8.
Share price targets for Mjco (Mjco)
Intraday share price targets for Mjco (Mjco)
|Downside Intraday Target||86.4|
|Downside Intraday Target||82.15|
|Upside Intraday Target||94.7|
|Upside Intraday Target||98.75|
|Downside Intraday Target||90.45|
Weekly technical analysis of Mjco (Mjco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|19 Thu May 2022||90.65||93.00||94.50||86.20||0.537 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|
|19 Thu May 2022||90.65||102.45||102.45||85.00||0.254 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||15, 23, 19||Sell|
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 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 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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 90.22 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.