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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 9392

Date Daily Closing Price Open High Low Volume
31 Fri Mar 2023 102.95 105.50 106.20 102.65 1.053 times
29 Wed Mar 2023 104.65 101.80 105.35 101.60 1.278 times
28 Tue Mar 2023 102.15 100.50 102.65 100.00 1.464 times
27 Mon Mar 2023 100.95 104.90 104.90 100.15 0.348 times
24 Fri Mar 2023 102.45 102.15 106.95 101.70 1.937 times
23 Thu Mar 2023 105.90 105.85 107.05 104.75 0.744 times
22 Wed Mar 2023 106.15 105.75 107.40 105.00 0.624 times
21 Tue Mar 2023 105.75 108.15 109.50 103.00 1.592 times
20 Mon Mar 2023 106.50 108.50 112.00 105.55 0.839 times
17 Fri Mar 2023 109.90 109.35 110.15 107.80 0.615 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 103.8, but if it comes above 103.8, then a intra day buy could be more profitable.
If you take a sell trade below 103.8, then use 103.8 as stoploss and 98.5 as target. However if you take a buy trade in stock , then use 103.8 as stoploss and 108.29 as target.

Share price targets for Mjco (Mjco)

Target Type Value
Downside Target 100.00
Upside Target 104.60
Upside Target 109.70
Upside Target 115.00
Upside Target 116.55
Upside Target 121.00
Upside Target 124.95
Upside Target 126.55
Upside Target 130.80
Upside Target 135.95
Upside Target 143.15

Intraday share price targets for Mjco (Mjco)

Target Type Value
Downside Intraday Target 99.9
Downside Intraday Target 96.85
Upside Intraday Target 106.1
Upside Intraday Target 109.25
Upside Intraday Target 103.05

Weekly technical analysis of Mjco (Mjco)

Date Weekly Closing Price Open High Low Volume
31 Fri Mar 2023 102.95 104.90 106.20 100.00 0.722 times
24 Fri Mar 2023 102.45 108.50 112.00 101.70 1.972 times
17 Fri Mar 2023 109.90 110.70 112.70 105.00 1.106 times
10 Fri Mar 2023 110.70 114.75 116.55 110.40 0.885 times
03 Fri Mar 2023 116.00 115.00 124.95 115.00 0.188 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
31 Fri Mar 2023 102.95 119.25 121.00 100.00 0.554 times
28 Tue Feb 2023 117.65 116.45 130.80 104.60 2.571 times
31 Tue Jan 2023 115.10 120.20 126.55 114.25 0.614 times
30 Fri Dec 2022 123.90 131.55 135.95 109.70 1.25 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 12, 25, 33 Sell
MACD -6, -5Sell
Stochastics 27Sell
CCI -37Buy
RSI 52Buy
OBV -45783Sell
VWAP 104Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Mjco in short term and the sell signal is strong.

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 below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Mjco in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 104.4 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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