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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 2022-05-02 View latest technical analysis

10 day averaged volume of Mescon is 35630

Date Daily Closing Price Open High Low Volume
02 Mon May 2022 12.81 12.81 12.81 12.81 0.284 times
25 Mon Apr 2022 12.20 12.20 12.20 12.20 1.696 times
18 Mon Apr 2022 11.62 11.62 11.62 11.62 1.033 times
11 Mon Apr 2022 11.07 11.07 11.07 11.07 0.318 times
04 Mon Apr 2022 10.55 10.12 10.55 9.55 0.438 times
28 Mon Mar 2022 10.05 9.99 10.13 9.17 0.544 times
21 Mon Mar 2022 9.65 9.99 10.48 9.55 0.279 times
14 Mon Mar 2022 9.99 9.10 9.99 9.05 1.941 times
07 Mon Mar 2022 9.52 10.06 10.48 9.50 2.351 times
28 Mon Feb 2022 9.99 9.60 10.06 9.12 0.578 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 12.7, for a target of 11.6 or 10.62

Share price targets for Mescon (Mescon)

Target Type Value
Downside Target 8.71
Downside Target 9.05
Downside Target 9.55
Downside Target 10.07
Downside Target 10.48
Downside Target 11.07
Downside Target 11.62
Downside Target 12.20
Downside Target 12.81

Intraday share price targets for Mescon (Mescon)

Target Type Value
Downside Intraday Target 12.81
Downside Intraday Target 12.81
Downside Intraday Target 12.81
Downside Intraday Target 12.81
Downside Intraday Target 12.81

Weekly technical analysis of Mescon (Mescon)

Date Weekly Closing Price Open High Low Volume
02 Mon May 2022 12.81 12.81 12.81 12.81 0.167 times
25 Mon Apr 2022 12.20 12.20 12.20 12.20 1.642 times
18 Mon Apr 2022 11.62 11.62 11.62 11.62 3.249 times
11 Mon Apr 2022 11.07 11.07 11.07 11.07 0.725 times
04 Mon Apr 2022 10.55 10.12 10.55 9.55 0.805 times

Price has moved up 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
02 Mon May 2022 12.81 12.81 12.81 12.81 0.081 times
25 Mon Apr 2022 12.20 10.12 12.20 9.55 0.681 times
28 Mon Mar 2022 10.05 10.06 10.48 9.05 2.478 times
28 Mon Feb 2022 9.99 10.07 10.49 8.71 0.752 times

Scroll below to view daily charts

Price has moved up 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 41, 19, 38 Buy
MACD 1, 0Buy
Stochastics 100Buy
CCI 143Buy
RSI 54Buy
OBV 191651Sell
VWAP 11Buy
ADL 0Sell
ROC 34Buy
Force Index 0Sell

Price action analysis of Mescon ( (Mescon) ) based on a short term time period is

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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mescon in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mescon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 buy signal for Mescon in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 10.59 and Mescon (Mescon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Mescon (Mescon) stock. Volume based technical analysis of Mescon (Mescon) stock is negative.

Mescon Stock is giving positive 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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