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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 2023-01-20 View latest technical analysis

10 day averaged volume of Mjco is 3468

Date Daily Closing Price Open High Low Volume
20 Fri Jan 2023 122.65 121.35 125.40 121.35 1.978 times
19 Thu Jan 2023 120.85 117.85 122.65 117.00 2.052 times
18 Wed Jan 2023 118.30 117.85 120.35 117.85 0.766 times
17 Tue Jan 2023 118.60 117.05 120.35 117.05 0.242 times
16 Mon Jan 2023 120.45 119.30 121.00 118.25 1.51 times
13 Fri Jan 2023 119.10 118.35 120.00 117.00 1.097 times
12 Thu Jan 2023 118.20 120.40 120.45 118.00 0.264 times
11 Wed Jan 2023 119.90 116.50 120.55 116.50 1.488 times
10 Tue Jan 2023 116.20 119.45 119.45 115.75 0.372 times
09 Mon Jan 2023 118.00 119.05 119.95 117.50 0.595 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 121.9, but if it comes below 121.9, then a intra day sell could be more profitable.
If you take a sell trade below 121.9, then use 121.9 as stoploss and 119.75 as target. However if you take a buy trade in stock , then use 121.9 as stoploss and 124.5 as target.

Share price targets for Mjco (Mjco)

Target Type Value
Downside Target 109.70
Downside Target 115.55
Upside Target 123.00
Upside Target 125.40
Upside Target 131.85
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 117.97
Downside Intraday Target 113.28
Upside Intraday Target 126.37
Upside Intraday Target 130.08
Downside Intraday Target 121.68

Weekly technical analysis of Mjco (Mjco)

Date Weekly Closing Price Open High Low Volume
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
23 Fri Dec 2022 111.75 121.50 131.85 110.75 2.44 times

Price has moved up 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
20 Fri Jan 2023 122.65 120.20 125.40 115.55 0.315 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 21, 14, 19 Buy
MACD -2, -3Buy
Stochastics 62None
CCI 240Buy
RSI 58Buy
OBV 6129Sell
VWAP 120Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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 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 to mid 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 mid to longer 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.

ADX buy sell signal for Mjco stock for short term is BUY. 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. Bulls are getting stronger in this stock.

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

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 120.17 and Mjco (Mjco) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Mjco (Mjco) stock. Volume based technical analysis of Mjco (Mjco) stock is negative.

Mjco Stock is giving positive 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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