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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 2023-01-25 View latest technical analysis

10 day averaged volume of Mjco is 6054

Date Daily Closing Price Open High Low Volume
25 Wed Jan 2023 121.60 119.20 122.75 119.20 1.058 times
24 Tue Jan 2023 122.90 121.00 125.20 120.35 2.009 times
23 Mon Jan 2023 122.65 122.65 126.55 121.80 2.607 times
20 Fri Jan 2023 122.65 121.35 125.40 121.35 1.133 times
19 Thu Jan 2023 120.85 117.85 122.65 117.00 1.175 times
18 Wed Jan 2023 118.30 117.85 120.35 117.85 0.439 times
17 Tue Jan 2023 118.60 117.05 120.35 117.05 0.138 times
16 Mon Jan 2023 120.45 119.30 121.00 118.25 0.865 times
13 Fri Jan 2023 119.10 118.35 120.00 117.00 0.629 times
12 Thu Jan 2023 118.20 120.40 120.45 118.00 0.151 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 122.4 as stoploss in an intra day sell trade for a target of 120.35. However, stock will show a bullish move above 122.4.

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 118.35
Downside Intraday Target 115.1
Upside Intraday Target 125.7
Upside Intraday Target 129.8
Upside Intraday Target 122.45

Weekly technical analysis of Mjco (Mjco)

Date Weekly Closing Price Open High Low Volume
25 Wed Jan 2023 121.60 122.65 126.55 119.20 1.513 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
25 Wed Jan 2023 121.60 120.20 126.55 115.55 0.507 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 17, 16, 5 Buy
MACD -1, -2Buy
Stochastics 59None
CCI 23Sell
RSI 56Buy
OBV 30851Sell
VWAP 122Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 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 mid to longer 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.

ADX buy sell signal for Mjco stock for short term is BUY. 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 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 tired and bears 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 but SELL signal is weak.

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 121.67 and Mjco (Mjco) stock is trading below this level. This means that stock is falling with high volumes. 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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