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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)

10 day averaged volume of Mjco is 6178

Date Daily Closing Price Open High Low Volume
27 Fri Jan 2023 116.30 118.70 121.75 115.55 2.125 times
25 Wed Jan 2023 121.60 119.20 122.75 119.20 1.037 times
24 Tue Jan 2023 122.90 121.00 125.20 120.35 1.969 times
23 Mon Jan 2023 122.65 122.65 126.55 121.80 2.555 times
20 Fri Jan 2023 122.65 121.35 125.40 121.35 1.11 times
19 Thu Jan 2023 120.85 117.85 122.65 117.00 1.152 times
18 Wed Jan 2023 118.30 117.85 120.35 117.85 0.43 times
17 Tue Jan 2023 118.60 117.05 120.35 117.05 0.136 times
16 Mon Jan 2023 120.45 119.30 121.00 118.25 0.848 times
13 Fri Jan 2023 119.10 118.35 120.00 117.00 0.616 times

Stock of Mjco (Mjco) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 117.9, but if it comes above 117.9, then a intra day buy could be more profitable.
If you take a sell trade below 117.9, then use 117.9 as stoploss and 115.2 as target. However if you take a buy trade in stock , then use 117.9 as stoploss and 120.12 as target.

Share price targets for Mjco (Mjco)

Target Type Value
Downside Target 109.70
Downside Target 112.25
Downside Target 115.55
Upside Target 123.00
Upside Target 125.40
Upside Target 126.55
Upside Target 134.90
Upside Target 135.95
Upside Target 143.15
Upside Target 152.40

Intraday share price targets for Mjco (Mjco)

Target Type Value
Downside Intraday Target 112.38
Downside Intraday Target 108.47
Upside Intraday Target 123.38
Upside Intraday Target 130.47
Upside Intraday Target 119.47

Weekly technical analysis of Mjco (Mjco)

Date Weekly Closing Price Open High Low Volume
27 Fri Jan 2023 116.30 122.65 126.55 115.55 2.091 times
20 Fri Jan 2023 122.65 119.30 125.40 117.00 1.716 times
13 Fri Jan 2023 119.10 119.05 120.55 115.75 0.648 times
06 Fri Jan 2023 118.75 120.20 125.40 115.55 0.681 times
30 Fri Dec 2022 123.90 109.70 125.00 109.70 0.45 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
27 Fri Jan 2023 116.30 120.20 126.55 115.55 0.58 times
30 Fri Dec 2022 123.90 131.55 135.95 109.70 1.25 times
30 Wed Nov 2022 133.05 117.75 143.15 112.25 1.205 times
31 Mon Oct 2022 120.00 131.00 134.90 119.00 0.167 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, 22, 18 Sell
MACD -1, -2Buy
Stochastics 40None
CCI -99Sell
RSI 51Buy
OBV 21017Sell
VWAP 121Sell
ADL 0Sell
ROC -2Sell
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 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 mid to longer 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

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.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 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 120.76 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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