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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 2022-03-21 View latest technical analysis

10 day averaged volume of Mescon is 31229

Date Daily Closing Price Open High Low Volume
21 Mon Mar 2022 9.65 9.99 10.48 9.55 0.319 times
14 Mon Mar 2022 9.99 9.10 9.99 9.05 2.215 times
07 Mon Mar 2022 9.52 10.06 10.48 9.50 2.682 times
28 Mon Feb 2022 9.99 9.60 10.06 9.12 0.659 times
21 Mon Feb 2022 9.59 9.15 9.61 8.71 0.938 times
14 Mon Feb 2022 9.16 10.09 10.09 9.14 0.117 times
07 Mon Feb 2022 9.62 10.07 10.49 9.57 0.642 times
31 Mon Jan 2022 10.07 10.15 10.60 10.07 0.379 times
24 Mon Jan 2022 10.60 11.14 11.14 10.59 0.578 times
17 Mon Jan 2022 11.14 10.08 11.14 10.08 1.233 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 10.17. However, stock will show a bearish move below 9.5.

Share price targets for Mescon (Mescon)

Target Type Value
Downside Target 8.71
Downside Target 9.05
Downside Target 9.50
Upside Target 9.99
Upside Target 10.07
Upside Target 10.48
Upside Target 10.49
Upside Target 11.30
Upside Target 11.74
Upside Target 11.76

Intraday share price targets for Mescon (Mescon)

Target Type Value
Downside Intraday Target 9.31
Downside Intraday Target 8.96
Upside Intraday Target 10.24
Upside Intraday Target 10.82
Upside Intraday Target 9.89

Weekly technical analysis of Mescon (Mescon)

Date Weekly Closing Price Open High Low Volume
21 Mon Mar 2022 9.65 9.99 10.48 9.55 0.144 times
14 Mon Mar 2022 9.99 9.10 9.99 9.05 0.826 times
07 Mon Mar 2022 9.52 10.06 10.48 9.50 4.07 times
28 Mon Feb 2022 9.99 9.60 10.06 9.12 0.703 times
21 Mon Feb 2022 9.59 9.15 9.61 8.71 8.021 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
21 Mon Mar 2022 9.65 10.06 10.48 9.05 2.214 times
28 Mon Feb 2022 9.99 10.07 10.49 8.71 0.752 times
31 Mon Jan 2022 10.07 11.74 11.74 10.07 0.925 times
10 Fri Dec 2021 11.74 9.15 11.76 9.15 0.473 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Mescon (Mescon)

Indicator Name Indicator Value Indicator Signal
ADX 22, 26, 8 Sell
MACD -0, -0Sell
Stochastics 39None
CCI -11Buy
RSI 49Sell
OBV 66196Sell
VWAP 10Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

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 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 to mid 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 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 SELL signal for Mescon in short term and the sell signal is strong.

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 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 9.96 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Mescon charts

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Daily charts

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Daily chart

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