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(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)

Showing technical analysis as on 2022-05-11 View latest technical analysis

10 day averaged volume of Fredun is 3423

Date Daily Closing Price Open High Low Volume
11 Wed May 2022 919.45 994.00 995.00 918.80 1.458 times
10 Tue May 2022 967.15 976.00 1048.45 967.10 2.316 times
09 Mon May 2022 1018.00 993.00 1048.80 952.00 1.38 times
06 Fri May 2022 1001.95 1013.20 1045.00 998.75 0.642 times
05 Thu May 2022 1051.30 1042.00 1078.00 1004.50 0.694 times
04 Wed May 2022 1056.85 1084.50 1090.00 1033.25 0.928 times
02 Mon May 2022 1087.60 1195.95 1195.95 1084.90 0.351 times
29 Fri Apr 2022 1141.95 1199.40 1199.40 1140.75 0.999 times
28 Thu Apr 2022 1200.70 1250.00 1290.00 1200.70 0.654 times
27 Wed Apr 2022 1263.85 1319.90 1319.90 1221.00 0.882 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 950.2, but if it comes above 950.2, then a intra day buy could be more profitable.
If you take a sell trade below 950.2, then use 950.2 as stoploss and 811.2 as target. However if you take a buy trade in stock , then use 950.2 as stoploss and 1066.04 as target.

Share price targets for Fredun (Fredun)

Target Type Value
Downside Target 769.70
Downside Target 786.00
Downside Target 901.00
Upside Target 998.75
Upside Target 1045.00
Upside Target 1131.05
Upside Target 1138.85
Upside Target 1140.00
Upside Target 1195.95
Upside Target 1216.25
Upside Target 1319.90

Intraday share price targets for Fredun (Fredun)

Target Type Value
Downside Intraday Target 875.9
Downside Intraday Target 832.35
Upside Intraday Target 1005.9
Upside Intraday Target 1092.35
Upside Intraday Target 962.35

Weekly technical analysis of Fredun (Fredun)

Date Weekly Closing Price Open High Low Volume
11 Wed May 2022 919.45 993.00 1048.80 918.80 1.971 times
06 Fri May 2022 1001.95 1195.95 1195.95 998.75 0.486 times
29 Fri Apr 2022 1141.95 1170.00 1319.90 1131.05 0.605 times
22 Fri Apr 2022 1175.40 916.00 1216.25 901.00 4.135 times
13 Wed Apr 2022 923.60 1000.00 1000.00 912.20 0.984 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 Fredun (Fredun)

Date Monthly Closing Price Open High Low Volume
11 Wed May 2022 919.45 1195.95 1195.95 918.80 0.409 times
29 Fri Apr 2022 1141.95 939.90 1319.90 901.00 1.642 times
31 Thu Mar 2022 915.30 834.95 1045.00 769.70 0.888 times
28 Mon Feb 2022 836.05 1106.10 1138.85 786.00 0.436 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 Fredun (Fredun)

Indicator Name Indicator Value Indicator Signal
ADX 15, 31, 34 Sell
MACD 15, 56Sell
Stochastics 7Sell
CCI -105Sell
RSI 51Buy
OBV 5195Sell
VWAP 1044Sell
ADL 0Sell
ROC -28Sell
Force Index 0Sell

Price action analysis of Fredun ( (Fredun) ) 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 Fredun ( (Fredun) ) 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 Fredun ( (Fredun) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Fredun Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 coming down

CCI has generated a SELL signal for Fredun 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 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 1044.4 and Fredun (Fredun) 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 Fredun (Fredun) stock. Volume based technical analysis of Fredun (Fredun) stock is negative.

Fredun 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 Fredun charts

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Daily charts

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Daily chart

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