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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 2022-06-27 View latest technical analysis

10 day averaged volume of Mescon is 19644

Date Daily Closing Price Open High Low Volume
27 Mon Jun 2022 9.58 9.58 9.58 9.58 0.093 times
20 Mon Jun 2022 10.08 10.08 10.08 10.08 0.208 times
13 Mon Jun 2022 10.61 10.61 10.61 10.61 0.026 times
06 Mon Jun 2022 11.16 11.74 11.74 11.16 0.057 times
30 Mon May 2022 11.74 12.35 12.35 11.74 0.979 times
23 Mon May 2022 12.35 12.50 12.50 12.35 0.778 times
16 Mon May 2022 13.00 13.82 13.82 12.52 1.124 times
09 Mon May 2022 13.17 13.45 13.45 12.70 1.362 times
02 Mon May 2022 12.81 12.81 12.81 12.81 0.515 times
25 Mon Apr 2022 12.20 12.20 12.20 12.20 3.077 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.6, but if it comes above 9.6, then a intra day buy could be more profitable.
If you take a sell trade below 9.6, then use 9.6 as stoploss and 8.1 as target. However if you take a buy trade in stock , then use 9.6 as stoploss and 10.89 as target.

Share price targets for Mescon (Mescon)

Target Type Value
Downside Target 8.71
Downside Target 9.05
Downside Target 9.55
Upside Target 10.08
Upside Target 10.48
Upside Target 11.16
Upside Target 11.74
Upside Target 12.20
Upside Target 12.35
Upside Target 13.82

Intraday share price targets for Mescon (Mescon)

Target Type Value
Downside Intraday Target 9.58
Downside Intraday Target 9.58
Downside Intraday Target 9.58
Downside Intraday Target 9.58
Downside Intraday Target 9.58

Weekly technical analysis of Mescon (Mescon)

Date Weekly Closing Price Open High Low Volume
27 Mon Jun 2022 9.58 9.58 9.58 9.58 0.447 times
20 Mon Jun 2022 10.08 10.08 10.08 10.08 7.852 times
13 Mon Jun 2022 10.61 10.61 10.61 10.61 0.461 times
06 Mon Jun 2022 11.16 11.74 11.74 11.16 0.059 times
30 Mon May 2022 11.74 12.35 12.35 11.74 1.259 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
27 Mon Jun 2022 9.58 11.74 11.74 9.58 0.081 times
30 Mon May 2022 11.74 12.81 13.82 11.74 0.753 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

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 28, 43, 22 Sell
MACD 0, 0Sell
Stochastics 0Sell
CCI -136Sell
RSI 49Sell
OBV 117922Sell
VWAP 12Sell
ADL 0Sell
ROC -18Sell
Force Index 0Sell

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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Mescon in short term but the sell signal is initial and weak.

Mescon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 positive zone. This is a BUY 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 12.37 and Mescon (Mescon) stock is trading below this level. This means that stock is falling with high volumes. 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 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.

Click here for Mescon charts

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Daily charts

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Daily chart

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