Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(Fredun) Fredun complete technical analysis [charts+indicators] | Buy/Sell Fredun | (Fredun) share price targets

Complete technical analysis of Fredun (Fredun) by charts plus indicators, forecast predictions and share price targets for Fredun (Fredun)

10 day averaged volume of Fredun is 2532

Date Daily Closing Price Open High Low Volume
06 Thu Oct 2022 1094.65 1069.00 1097.00 1050.05 1.977 times
04 Tue Oct 2022 1049.60 1060.00 1085.00 1021.00 0.538 times
03 Mon Oct 2022 1047.05 1048.00 1050.00 1031.00 0.492 times
30 Fri Sep 2022 1044.55 1063.95 1063.95 1002.20 1.462 times
29 Thu Sep 2022 1050.00 1054.00 1074.00 1038.00 0.808 times
28 Wed Sep 2022 1036.85 1031.60 1067.90 1023.00 0.855 times
27 Tue Sep 2022 1064.95 1030.50 1079.00 1030.50 1.034 times
26 Mon Sep 2022 1048.95 1039.35 1080.00 987.40 2.071 times
23 Fri Sep 2022 1039.35 1025.65 1054.95 1022.00 0.413 times
22 Thu Sep 2022 1045.60 1025.00 1067.00 1021.00 0.597 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1101.2, for a target of 1078 or 1058.59

Share price targets for Fredun (Fredun)

Target Type Value
Downside Target 675.00
Downside Target 773.05
Downside Target 850.00
Downside Target 944.90
Downside Target 987.40
Downside Target 1065.20
Upside Target 1097.00
Upside Target 1104.90
Upside Target 1105.00
Upside Target 1130.00
Upside Target 1218.95
Upside Target 1252.00
Upside Target 1257.00

Intraday share price targets for Fredun (Fredun)

Target Type Value
Downside Intraday Target 1044.77
Downside Intraday Target 994.88
Upside Intraday Target 1120.77
Upside Intraday Target 1146.88
Downside Intraday Target 1070.88

Weekly technical analysis of Fredun (Fredun)

Date Weekly Closing Price Open High Low Volume
06 Thu Oct 2022 1094.65 1048.00 1097.00 1021.00 0.483 times
30 Fri Sep 2022 1044.55 1039.35 1080.00 987.40 1.478 times
23 Fri Sep 2022 1039.35 1088.00 1105.00 1005.00 0.684 times
16 Fri Sep 2022 1071.30 1060.00 1130.00 1026.95 1.134 times
09 Fri Sep 2022 1077.65 1194.95 1218.95 1065.20 0.658 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 Fredun (Fredun)

Date Monthly Closing Price Open High Low Volume
06 Thu Oct 2022 1094.65 1048.00 1097.00 1021.00 0.117 times
30 Fri Sep 2022 1044.55 1227.00 1257.00 987.40 0.812 times
30 Tue Aug 2022 1202.05 969.90 1252.00 850.00 1.97 times
29 Fri Jul 2022 954.65 828.45 1104.90 773.05 1.084 times

Scroll below to view daily charts

Price has moved up 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 Fredun (Fredun)

Indicator Name Indicator Value Indicator Signal
ADX 17, 17, 2 Buy
MACD 13, 13Sell
Stochastics 71Buy
CCI 215Buy
RSI 59Buy
OBV -11862Sell
VWAP 1057Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

Price action analysis of Fredun ( (Fredun) ) 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 Fredun ( (Fredun) ) 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 Fredun ( (Fredun) ) 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 Fredun ( (Fredun) ) based on a mid to longer 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.

ADX buy sell signal for Fredun stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Fredun in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Fredun Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Fredun in short term and BUY 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 Fredun is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1057.19 and Fredun (Fredun) 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 Fredun (Fredun) stock. Volume based technical analysis of Fredun (Fredun) stock is negative.

Fredun 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 Fredun 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

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme