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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 2021-08-27 View latest technical analysis

10 day averaged volume of Mescon is 17332

Date Daily Closing Price Open High Low Volume
27 Fri Aug 2021 14.20 14.60 14.60 13.50 0.528 times
26 Thu Aug 2021 14.20 14.25 14.75 13.55 0.739 times
25 Wed Aug 2021 14.25 14.50 15.00 13.80 1.059 times
24 Tue Aug 2021 14.50 15.00 15.25 14.25 0.417 times
23 Mon Aug 2021 15.00 15.60 16.00 14.60 0.62 times
20 Fri Aug 2021 15.35 16.10 16.10 15.25 0.676 times
18 Wed Aug 2021 16.05 16.65 16.80 16.05 1.605 times
17 Tue Aug 2021 16.85 18.25 18.30 16.85 1.384 times
16 Mon Aug 2021 17.70 18.50 18.90 17.20 0.934 times
13 Fri Aug 2021 18.10 17.50 18.50 17.50 0.819 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.2, but if it comes above 15.2, then a intra day buy could be more profitable.
If you take a sell trade below 15.2, then use 15.2 as stoploss and 13.3 as target. However if you take a buy trade in stock , then use 15.2 as stoploss and 16.77 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 13.50
Upside Target 15.25
Upside Target 15.60
Upside Target 16.00
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 13.13
Downside Intraday Target 12.07
Upside Intraday Target 15.63
Upside Intraday Target 17.07
Upside Intraday Target 14.57

Weekly technical analysis of Mescon (Mescon)

Date Weekly Closing Price Open High Low Volume
27 Fri Aug 2021 14.20 15.60 16.00 13.50 0.731 times
20 Fri Aug 2021 15.35 18.50 18.90 15.25 0.736 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

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
27 Fri Aug 2021 14.20 18.85 19.75 13.50 0.725 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 10, 27, 45 Sell
MACD -0, 0Sell
Stochastics 11Sell
CCI -85Sell
RSI 52Buy
OBV -43874Sell
VWAP 16Sell
ADL 0Sell
ROC -20Sell
Force Index 0Sell

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

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

Mescon 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 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 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 Mescon is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 15.86 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 negative.

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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