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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 2021-11-16 View latest technical analysis

10 day averaged volume of Mescon is 12759

Date Daily Closing Price Open High Low Volume
16 Tue Nov 2021 9.64 8.80 9.64 8.80 0.783 times
15 Mon Nov 2021 9.19 9.29 9.29 8.83 1.183 times
12 Fri Nov 2021 9.29 10.00 10.20 9.29 1.989 times
11 Thu Nov 2021 9.77 9.81 10.15 9.26 2.603 times
10 Wed Nov 2021 9.74 10.40 10.40 9.62 0.512 times
09 Tue Nov 2021 10.04 10.61 10.61 9.63 1.482 times
08 Mon Nov 2021 10.12 10.95 10.96 10.12 1.146 times
04 Thu Nov 2021 10.65 10.53 10.98 10.03 0.096 times
03 Wed Nov 2021 10.53 10.47 10.92 10.47 0.543 times
02 Tue Nov 2021 10.48 11.30 11.30 10.46 0.183 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.7, but if it comes above 9.7, then a intra day buy could be more profitable.
If you take a sell trade below 9.7, then use 9.7 as stoploss and 8.6 as target. However if you take a buy trade in stock , then use 9.7 as stoploss and 10.7 as target.

Share price targets for Mescon (Mescon)

Target Type Value
Downside Target 8.80
Downside Target 9.26
Downside Target 9.64
Upside Target 10.03
Upside Target 10.38
Upside Target 10.96
Upside Target 11.30
Upside Target 11.90
Upside Target 12.40
Upside Target 12.90
Upside Target 13.03
Upside Target 13.91
Upside Target 14.48
Upside Target 18.35
Upside Target 19.75

Intraday share price targets for Mescon (Mescon)

Target Type Value
Downside Intraday Target 9.08
Downside Intraday Target 8.52
Upside Intraday Target 9.92
Upside Intraday Target 10.2
Downside Intraday Target 9.36

Weekly technical analysis of Mescon (Mescon)

Date Weekly Closing Price Open High Low Volume
16 Tue Nov 2021 9.64 9.29 9.64 8.80 0.254 times
12 Fri Nov 2021 9.29 10.95 10.96 9.26 7.122 times
04 Thu Nov 2021 10.65 10.50 11.30 10.03 0.294 times
29 Fri Oct 2021 10.82 11.49 12.40 10.38 0.918 times
22 Fri Oct 2021 12.01 12.53 12.96 11.90 0.808 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
16 Tue Nov 2021 9.64 10.50 11.30 8.80 0.583 times
29 Fri Oct 2021 10.82 13.91 13.91 10.38 1.635 times
30 Thu Sep 2021 13.27 12.55 14.48 12.12 0.329 times
31 Tue Aug 2021 13.00 18.85 19.75 12.90 0.757 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, 24, 43 Sell
MACD -2, -2Sell
Stochastics 17Sell
CCI -92Buy
RSI 45Sell
OBV -93890Sell
VWAP 10Sell
ADL 0Sell
ROC -11Sell
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.

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

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 moving up

CCI has generated a buy signal for Mescon in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 9.74 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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