(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 2022-05-09 View latest technical analysis
10 day averaged volume of Mescon is 33712
|Date||Daily Closing Price||Open||High||Low||Volume|
|09 Mon May 2022||13.17||13.45||13.45||12.70||0.794 times|
|02 Mon May 2022||12.81||12.81||12.81||12.81||0.3 times|
|25 Mon Apr 2022||12.20||12.20||12.20||12.20||1.793 times|
|18 Mon Apr 2022||11.62||11.62||11.62||11.62||1.092 times|
|11 Mon Apr 2022||11.07||11.07||11.07||11.07||0.336 times|
|04 Mon Apr 2022||10.55||10.12||10.55||9.55||0.463 times|
|28 Mon Mar 2022||10.05||9.99||10.13||9.17||0.575 times|
|21 Mon Mar 2022||9.65||9.99||10.48||9.55||0.295 times|
|14 Mon Mar 2022||9.99||9.10||9.99||9.05||2.052 times|
|07 Mon Mar 2022||9.52||10.06||10.48||9.50||2.484 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 13.2, for a target of 11.8 or 10.72
Share price targets for Mescon (Mescon)
Intraday share price targets for Mescon (Mescon)
|Downside Intraday Target||12.76|
|Downside Intraday Target||12.36|
|Upside Intraday Target||13.51|
|Upside Intraday Target||13.86|
|Downside Intraday Target||13.11|
Weekly technical analysis of Mescon (Mescon)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|09 Mon May 2022||13.17||13.45||13.45||12.70||2.647 times|
|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|
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mescon (Mescon)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|09 Mon May 2022||13.17||12.81||13.45||12.70||0.297 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||45, 17, 45||Buy|
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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 but buying is losing 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 10.82 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.