(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 2021-11-23 View latest technical analysis
10 day averaged volume of Mescon is 16487
|Date||Daily Closing Price||Open||High||Low||Volume|
|23 Tue Nov 2021||9.17||9.50||9.85||9.17||0.714 times|
|22 Mon Nov 2021||9.65||10.20||10.55||9.64||0.925 times|
|18 Thu Nov 2021||10.14||10.39||10.40||9.46||0.224 times|
|17 Wed Nov 2021||9.92||9.64||10.10||9.64||1.347 times|
|16 Tue Nov 2021||9.64||8.80||9.64||8.80||0.606 times|
|15 Mon Nov 2021||9.19||9.29||9.29||8.83||0.915 times|
|12 Fri Nov 2021||9.29||10.00||10.20||9.29||1.539 times|
|11 Thu Nov 2021||9.77||9.81||10.15||9.26||2.014 times|
|10 Wed Nov 2021||9.74||10.40||10.40||9.62||0.396 times|
|09 Tue Nov 2021||10.04||10.61||10.61||9.63||1.147 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.6, but if it comes above 9.6, then a intra day buy could be more profitable.
If you take a sell trade below 9.6, then use 9.6 as stoploss and 8.8 as target. However if you take a buy trade in stock , then use 9.6 as stoploss and 10.19 as target.
Share price targets for Mescon (Mescon)
Intraday share price targets for Mescon (Mescon)
|Downside Intraday Target||8.71|
|Downside Intraday Target||8.25|
|Upside Intraday Target||10.09|
|Upside Intraday Target||11.01|
|Upside Intraday Target||9.63|
Weekly technical analysis of Mescon (Mescon)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|23 Tue Nov 2021||9.17||10.20||10.55||9.17||0.53 times|
|18 Thu Nov 2021||10.14||9.29||10.40||8.80||0.517 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|
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|
|23 Tue Nov 2021||9.17||10.50||11.30||8.80||0.808 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||16, 21, 13||Sell|
Price action analysis of Mescon ( (Mescon) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mescon ( (Mescon) ) based on a short 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.
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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Mescon in short term but the buy signal is initial and weak.
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 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 9.64 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.