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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 2021-09-09 View latest technical analysis

10 day averaged volume of Mescon is 6907

Date Daily Closing Price Open High Low Volume
09 Thu Sep 2021 13.61 13.55 13.68 12.73 0.425 times
08 Wed Sep 2021 13.16 12.51 13.50 12.51 0.914 times
07 Tue Sep 2021 13.00 13.50 13.50 12.51 0.746 times
06 Mon Sep 2021 12.96 13.15 13.20 12.65 1.046 times
03 Fri Sep 2021 12.95 12.97 13.49 12.42 0.386 times
02 Thu Sep 2021 12.97 13.39 13.39 12.90 0.635 times
01 Wed Sep 2021 13.28 12.55 13.60 12.55 0.381 times
31 Tue Aug 2021 13.00 14.10 14.10 12.90 1.197 times
30 Mon Aug 2021 13.55 14.20 14.55 13.50 1.514 times
27 Fri Aug 2021 14.20 14.60 14.60 13.50 1.326 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 12.9 as stoploss in an intra day buy trade for a target of 14.62. However, stock will show a bearish move below 12.9.

Share price targets for Mescon (Mescon)

Target Type Value
Downside Target 9.83
Downside Target 12.42
Downside Target 12.90
Downside Target 13.50
Upside Target 14.55
Upside Target 15.25
Upside Target 16.00
Upside Target 16.10
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 12.85
Downside Intraday Target 12.1
Upside Intraday Target 14.02
Upside Intraday Target 14.44
Downside Intraday Target 13.27

Weekly technical analysis of Mescon (Mescon)

Date Weekly Closing Price Open High Low Volume
09 Thu Sep 2021 13.61 13.15 13.68 12.51 0.761 times
03 Fri Sep 2021 12.95 14.20 14.55 12.42 0.487 times
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

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 Mescon (Mescon)

Date Monthly Closing Price Open High Low Volume
09 Thu Sep 2021 13.61 12.55 13.68 12.42 0.071 times
31 Tue Aug 2021 13.00 18.85 19.75 12.90 0.757 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

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 Mescon (Mescon)

Indicator Name Indicator Value Indicator Signal
ADX 9, 21, 42 Sell
MACD -1, -1Sell
Stochastics 36None
CCI 13Buy
RSI 47Sell
OBV -44563Sell
VWAP 13Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Mescon ( (Mescon) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mescon ( (Mescon) ) 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 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.

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

Mescon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a buy signal for Mescon in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 13.33 and Mescon (Mescon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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Daily chart

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