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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 2021-11-24 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)

Target Type Value
Downside Target 8.73
Downside Target 9.26
Upside Target 10.03
Upside Target 10.38
Upside Target 10.96
Upside Target 11.30
Upside Target 12.12
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 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
MACD -1, -1Buy
Stochastics 35None
CCI -78Sell
RSI 44Sell
OBV -59488Sell
VWAP 10Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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.

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Daily charts

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