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

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

Showing technical analysis as on 2021-08-18 View latest technical analysis

10 day averaged volume of Mescon is 21058

Date Daily Closing Price Open High Low Volume
18 Wed Aug 2021 16.05 16.65 16.80 16.05 1.321 times
17 Tue Aug 2021 16.85 18.25 18.30 16.85 1.139 times
16 Mon Aug 2021 17.70 18.50 18.90 17.20 0.769 times
13 Fri Aug 2021 18.10 17.50 18.50 17.50 0.674 times
12 Thu Aug 2021 17.70 18.20 18.40 16.75 1.438 times
11 Wed Aug 2021 17.55 16.15 17.70 16.10 1.962 times
10 Tue Aug 2021 16.90 18.00 18.35 16.80 0.8 times
09 Mon Aug 2021 17.65 18.70 19.15 17.55 0.267 times
06 Fri Aug 2021 18.30 17.10 18.40 17.10 0.986 times
05 Thu Aug 2021 17.55 19.15 19.15 17.55 0.782 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16.5, but if it comes above 16.5, then a intra day buy could be more profitable.
If you take a sell trade below 16.5, then use 16.5 as stoploss and 15.4 as target. However if you take a buy trade in stock , then use 16.5 as stoploss and 17.36 as target.

Share price targets for Mescon (Mescon)

Target Type Value
Downside Target 6.55
Downside Target 9.83
Downside Target 11.79
Downside Target 13.03
Downside Target 13.70
Downside Target 14.32
Downside Target 15.60
Upside Target 16.92
Upside Target 18.35
Upside Target 18.90
Upside Target 19.15
Upside Target 19.75

Intraday share price targets for Mescon (Mescon)

Target Type Value
Downside Intraday Target 15.1
Downside Intraday Target 14.15
Upside Intraday Target 17.95
Upside Intraday Target 19.85
Upside Intraday Target 17

Weekly technical analysis of Mescon (Mescon)

Date Weekly Closing Price Open High Low Volume
18 Wed Aug 2021 16.05 18.50 18.90 16.05 0.628 times
13 Fri Aug 2021 18.10 18.70 19.15 16.10 0.622 times
06 Fri Aug 2021 18.30 18.85 19.75 17.10 1.085 times
30 Fri Jul 2021 17.96 15.88 18.35 15.60 1.024 times
23 Fri Jul 2021 15.88 14.36 15.90 14.32 1.801 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 Mescon (Mescon)

Date Monthly Closing Price Open High Low Volume
18 Wed Aug 2021 16.05 18.85 19.75 16.05 0.604 times
30 Fri Jul 2021 17.96 15.70 18.35 13.03 0.91 times
30 Wed Jun 2021 14.96 10.60 16.92 10.00 1.154 times
31 Mon May 2021 10.11 10.40 13.70 9.83 1.718 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 Mescon (Mescon)

Indicator Name Indicator Value Indicator Signal
ADX 17, 21, 12 Sell
MACD 1, 2Sell
Stochastics 23Sell
CCI -192Sell
RSI 47Sell
OBV 61906Sell
VWAP 17Sell
ADL 0Sell
ROC -13Sell
Force Index 0Sell

Price action analysis of Mescon ( (Mescon) ) based on a short term time period is

Price action analysis of Mescon ( (Mescon) ) based on a short term time period is

Price action analysis of Mescon ( (Mescon) ) 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 Mescon ( (Mescon) ) 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 Mescon stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Mescon 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 Mescon in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.37 and Mescon (Mescon) 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 Mescon (Mescon) stock. Volume based technical analysis of Mescon (Mescon) stock is negative.

Mescon 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.

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Daily charts

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Daily chart

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