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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 2022-11-21 View latest technical analysis

10 day averaged volume of Fredun is 2303

Date Daily Closing Price Open High Low Volume
21 Mon Nov 2022 1191.10 1232.50 1244.85 1190.00 0.257 times
18 Fri Nov 2022 1232.45 1234.90 1234.90 1183.05 0.254 times
17 Thu Nov 2022 1204.80 1223.45 1224.05 1160.25 0.849 times
16 Wed Nov 2022 1219.40 1250.00 1257.75 1213.50 0.331 times
15 Tue Nov 2022 1257.85 1299.95 1299.95 1231.00 0.839 times
14 Mon Nov 2022 1290.75 1345.00 1345.00 1272.60 1.012 times
11 Fri Nov 2022 1332.55 1320.00 1357.00 1320.00 1.548 times
10 Thu Nov 2022 1299.35 1309.95 1309.95 1267.60 2.069 times
09 Wed Nov 2022 1317.00 1365.00 1370.00 1310.00 1.184 times
07 Mon Nov 2022 1351.60 1334.95 1385.90 1305.00 1.11 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1196.5, but if it comes above 1196.5, then a intra day buy could be more profitable.
If you take a sell trade below 1196.5, then use 1196.5 as stoploss and 1129.1 as target. However if you take a buy trade in stock , then use 1196.5 as stoploss and 1252.62 as target.

Share price targets for Fredun (Fredun)

Target Type Value
Downside Target 773.05
Downside Target 850.00
Downside Target 987.40
Downside Target 1016.15
Downside Target 1104.90
Downside Target 1160.25
Downside Target 1190.00
Upside Target 1244.85
Upside Target 1257.00
Upside Target 1267.60
Upside Target 1345.00
Upside Target 1355.00
Upside Target 1385.90

Intraday share price targets for Fredun (Fredun)

Target Type Value
Downside Intraday Target 1172.45
Downside Intraday Target 1153.8
Upside Intraday Target 1227.3
Upside Intraday Target 1263.5
Upside Intraday Target 1208.65

Weekly technical analysis of Fredun (Fredun)

Date Weekly Closing Price Open High Low Volume
21 Mon Nov 2022 1191.10 1232.50 1244.85 1190.00 0.078 times
18 Fri Nov 2022 1232.45 1345.00 1345.00 1160.25 0.556 times
11 Fri Nov 2022 1332.55 1334.95 1385.90 1267.60 0.808 times
04 Fri Nov 2022 1325.30 1250.00 1355.00 1190.00 1.299 times
28 Fri Oct 2022 1208.45 1165.00 1257.00 1165.00 1.384 times

Price has moved down 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
21 Mon Nov 2022 1191.10 1220.00 1385.90 1160.25 0.854 times
31 Mon Oct 2022 1203.90 1048.00 1257.00 1016.15 0.669 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

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 23, 26, 7 Sell
MACD 59, 83Sell
Stochastics 22Sell
CCI -86Sell
RSI 52Buy
OBV 22903Sell
VWAP 1293Sell
ADL 0Sell
ROC -10Sell
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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Fredun stock for short term is SELL. 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.

Fredun 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 green color and prices are in or below the green 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 positive zone. This is a BUY zone

Stock of Fredun is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1292.5 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 positive

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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