(Chemcon) Chemcon complete technical analysis [charts+indicators] | Buy/Sell Chemcon | (Chemcon) share price targets
Complete technical analysis of Chemcon (Chemcon) by charts plus indicators, forecast predictions and share price targets for Chemcon (Chemcon)
Showing technical analysis as on 2022-05-18 View latest technical analysis
10 day averaged volume of Chemcon is 23412
|Date||Daily Closing Price||Open||High||Low||Volume|
|18 Wed May 2022||283.15||281.85||289.10||279.65||0.163 times|
|17 Tue May 2022||279.30||284.90||284.90||275.45||0.082 times|
|16 Mon May 2022||279.50||280.25||280.80||276.10||1.751 times|
|13 Fri May 2022||278.20||270.00||281.00||270.00||0.181 times|
|12 Thu May 2022||269.25||270.00||273.55||265.80||0.538 times|
|11 Wed May 2022||271.70||289.00||289.00||267.40||1.399 times|
|10 Tue May 2022||286.30||290.00||301.95||284.50||0.825 times|
|09 Mon May 2022||295.80||296.00||305.00||290.65||3.246 times|
|06 Fri May 2022||304.75||305.00||308.35||297.65||0.512 times|
|05 Thu May 2022||310.25||318.00||320.15||308.00||0.979 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 283 as stoploss in an intra day buy trade for a target of 306.36. However, stock will show a bearish move below 283.
Share price targets for Chemcon (Chemcon)
Intraday share price targets for Chemcon (Chemcon)
|Downside Intraday Target||276.03|
|Downside Intraday Target||268.92|
|Upside Intraday Target||289.68|
|Upside Intraday Target||296.22|
|Downside Intraday Target||282.57|
Weekly technical analysis of Chemcon (Chemcon)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|18 Wed May 2022||283.15||280.25||289.10||275.45||0.322 times|
|13 Fri May 2022||278.20||296.00||305.00||265.80||2.215 times|
|06 Fri May 2022||304.75||316.00||328.85||297.65||1.443 times|
|29 Fri Apr 2022||319.55||338.80||339.00||318.65||0.442 times|
|22 Fri Apr 2022||341.35||315.00||350.85||312.60||2.147 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 Chemcon (Chemcon)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|18 Wed May 2022||283.15||316.00||328.85||265.80||0.886 times|
|29 Fri Apr 2022||319.55||267.00||350.85||267.00||0.614 times|
|31 Thu Mar 2022||266.50||285.00||308.00||262.30||1.735 times|
|28 Mon Feb 2022||282.35||346.25||373.45||266.00||0.684 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 Chemcon (Chemcon)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||18, 27, 20||Sell|
Price action analysis of Chemcon ( (Chemcon) ) 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 Chemcon ( (Chemcon) ) 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 Chemcon ( (Chemcon) ) 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 Chemcon ( (Chemcon) ) based on a mid to longer term time period is
ADX buy sell signal for Chemcon stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Chemcon in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Chemcon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 Chemcon in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 Chemcon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 288.33 and Chemcon (Chemcon) 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 Chemcon (Chemcon) stock. Volume based technical analysis of Chemcon (Chemcon) stock is negative.
Chemcon 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.