(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 2021-11-24 View latest technical analysis
10 day averaged volume of Mescon is 16201
|Date||Daily Closing Price||Open||High||Low||Volume|
|24 Wed Nov 2021||9.57||9.17||9.62||8.73||0.715 times|
|23 Tue Nov 2021||9.17||9.50||9.85||9.17||0.726 times|
|22 Mon Nov 2021||9.65||10.20||10.55||9.64||0.941 times|
|18 Thu Nov 2021||10.14||10.39||10.40||9.46||0.227 times|
|17 Wed Nov 2021||9.92||9.64||10.10||9.64||1.37 times|
|16 Tue Nov 2021||9.64||8.80||9.64||8.80||0.617 times|
|15 Mon Nov 2021||9.19||9.29||9.29||8.83||0.932 times|
|12 Fri Nov 2021||9.29||10.00||10.20||9.29||1.567 times|
|11 Thu Nov 2021||9.77||9.81||10.15||9.26||2.05 times|
|10 Wed Nov 2021||9.74||10.40||10.40||9.62||0.403 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 9.5 as stoploss in an intra day buy trade for a target of 10.1. However, stock will show a bearish move below 9.5.
Share price targets for Mescon (Mescon)
Intraday share price targets for Mescon (Mescon)
|Downside Intraday Target||8.68|
|Downside Intraday Target||7.8|
|Upside Intraday Target||10.5|
|Upside Intraday Target||11.44|
|Upside Intraday Target||9.62|
Weekly technical analysis of Mescon (Mescon)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|24 Wed Nov 2021||9.57||10.20||10.55||8.73||0.757 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|
|24 Wed Nov 2021||9.57||10.50||11.30||8.73||0.857 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||15, 25, 25||Sell|
Price action analysis of Mescon ( (Mescon) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 gaining momentum.
MACD generated a BUY signal for Mescon in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
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 SELL signal for Mescon in short term and SELL 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
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 9.58 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.