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(Licnmid100) Licnmid100 complete technical analysis [charts+indicators] | Buy/Sell Licnmid100 | (Licnmid100) share price targets

Complete technical analysis of Licnmid100 (Licnmid100) by charts plus indicators, forecast predictions and share price targets for Licnmid100 (Licnmid100)

Showing technical analysis as on 2024-06-05 View latest technical analysis

10 day averaged volume of Licnmid100 is 1613

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	49.24	50.00	50.00	48.90	0.01 times
04 Tue Jun 2024	50.60	51.00	52.27	48.95	0.153 times
03 Mon Jun 2024	51.69	49.03	52.32	49.03	0.283 times
31 Fri May 2024	50.01	51.00	51.00	50.00	0.025 times
30 Thu May 2024	50.31	51.98	52.07	50.31	0.503 times
29 Wed May 2024	50.70	52.48	52.48	50.70	0.203 times
28 Tue May 2024	51.45	51.87	52.07	51.45	0.098 times
27 Mon May 2024	50.85	52.97	52.97	50.48	5.942 times
24 Fri May 2024	51.01	53.32	53.32	50.48	1.468 times
23 Thu May 2024	51.53	52.01	52.01	50.76	0.388 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.5, but if it comes above 49.5, then a intra day buy could be more profitable.
If you take a sell trade below 49.5, then use 49.5 as stoploss and 48.5 as target. However if you take a buy trade in stock , then use 49.5 as stoploss and 50.31 as target.

Share price targets for Licnmid100 (Licnmid100)

Target Type	Value
Downside Target	41.03
Downside Target	46.03
Downside Target	47.00
Downside Target	48.60
Upside Target	51.27
Upside Target	52.01
Upside Target	52.32
Upside Target	52.97
Upside Target	53.32
Upside Target	54.50

Intraday share price targets for Licnmid100 (Licnmid100)

Target Type	Value
Downside Intraday Target	47.99
Downside Intraday Target	46.73
Upside Intraday Target	51.41
Upside Intraday Target	53.57
Upside Intraday Target	50.15

Weekly technical analysis of Licnmid100 (Licnmid100)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	49.24	49.03	52.32	48.90	0.066 times
31 Fri May 2024	50.01	52.97	52.97	50.00	2.3 times
24 Fri May 2024	51.01	52.75	53.32	49.75	1.587 times
18 Sat May 2024	48.65	51.72	52.01	48.60	0.732 times
10 Fri May 2024	49.62	51.96	51.96	48.60	2.399 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 Licnmid100 (Licnmid100)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	49.24	49.03	52.32	48.90	0.031 times
31 Fri May 2024	50.01	52.54	53.32	48.60	0.713 times
30 Tue Apr 2024	50.59	48.50	51.27	47.00	1.654 times
28 Thu Mar 2024	48.50	47.15	54.50	41.03	0.968 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 Licnmid100 (Licnmid100)

Price action analysis of Licnmid100 ( (Licnmid100) ) 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 Licnmid100 ( (Licnmid100) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Licnmid100 ( (Licnmid100) ) based on a mid to longer 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.

ADX buy sell signal for Licnmid100 stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Licnmid100 in short term but the sell signal is initial and weak.

Licnmid100 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Licnmid100 in short term and SELL 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 Licnmid100 is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 50.9 and Licnmid100 (Licnmid100) 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 Licnmid100 (Licnmid100) stock. Volume based technical analysis of Licnmid100 (Licnmid100) stock is negative.

Licnmid100 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.