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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 2021-11-26 View latest technical analysis

10 day averaged volume of Mescon is 15252

Date Daily Closing Price Open High Low Volume
26 Fri Nov 2021 9.27 10.00 10.00 9.20 0.49 times
25 Thu Nov 2021 9.68 9.11 9.92 9.11 0.286 times
24 Wed Nov 2021 9.57 9.17 9.62 8.73 0.76 times
23 Tue Nov 2021 9.17 9.50 9.85 9.17 0.772 times
22 Mon Nov 2021 9.65 10.20 10.55 9.64 1 times
18 Thu Nov 2021 10.14 10.39 10.40 9.46 0.242 times
17 Wed Nov 2021 9.92 9.64 10.10 9.64 1.456 times
16 Tue Nov 2021 9.64 8.80 9.64 8.80 0.655 times
15 Mon Nov 2021 9.19 9.29 9.29 8.83 0.99 times
12 Fri Nov 2021 9.29 10.00 10.20 9.29 1.664 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.4, but if it comes above 9.4, then a intra day buy could be more profitable.
If you take a sell trade below 9.4, then use 9.4 as stoploss and 8.7 as target. However if you take a buy trade in stock , then use 9.4 as stoploss and 9.97 as target.

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 8.48
Downside Intraday Target 7.7
Upside Intraday Target 10.3
Upside Intraday Target 11.34
Upside Intraday Target 9.52

Weekly technical analysis of Mescon (Mescon)

Date Weekly Closing Price Open High Low Volume
26 Fri Nov 2021 9.27 10.20 10.55 8.73 0.989 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
26 Fri Nov 2021 9.27 10.50 11.30 8.73 0.907 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, 20, 10 Sell
MACD -1, -1Buy
Stochastics 43None
CCI -21Sell
RSI 42Sell
OBV -49791Sell
VWAP 10Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 Weak and stock is losing 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 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 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

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 9.51 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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