(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)
Intraday share price targets for Mescon (Mescon)
|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|
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.