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(LICNMID100) Licnamc Licnmid100 complete technical analysis [charts+indicators] | Buy/Sell Licnamc Licnmid100 | (LICNMID100) share price targets

Complete technical analysis of Licnamc Licnmid100 (LICNMID100) by charts plus indicators, forecast predictions and share price targets for Licnamc Licnmid100 (LICNMID100)

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

10 day averaged volume of Licnamc Licnmid100 is 11580

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	49.81	50.46	51.90	49.19	0.371 times
04 Tue Jun 2024	50.46	52.89	52.89	48.60	0.35 times
03 Mon Jun 2024	51.85	51.35	53.00	50.54	1.041 times
31 Fri May 2024	50.36	51.44	51.48	49.82	0.292 times
30 Thu May 2024	50.43	52.49	52.50	49.80	1.054 times
29 Wed May 2024	51.23	51.77	52.45	50.61	0.7 times
28 Tue May 2024	51.50	52.70	52.70	50.50	1.023 times
27 Mon May 2024	52.11	52.00	52.50	50.41	1.637 times
24 Fri May 2024	50.98	51.97	51.97	50.55	0.874 times
23 Thu May 2024	51.01	51.94	51.94	50.50	1.726 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 49.7 as stoploss in an intra day buy trade for a target of 50.54. However, stock will show a bearish move below 49.7.

Share price targets for Licnamc Licnmid100 (LICNMID100)

Target Type	Value
Downside Target	44.10
Downside Target	46.03
Downside Target	46.99
Downside Target	48.50
Upside Target	51.38
Upside Target	51.51
Upside Target	51.97
Upside Target	52.47
Upside Target	52.70
Upside Target	53.00

Intraday share price targets for Licnamc Licnmid100 (LICNMID100)

Target Type	Value
Downside Intraday Target	47.94
Downside Intraday Target	46.07
Upside Intraday Target	52.34
Upside Intraday Target	54.87
Upside Intraday Target	50.47

Weekly technical analysis of Licnamc Licnmid100 (LICNMID100)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	49.81	51.35	53.00	48.60	0.374 times
31 Fri May 2024	50.36	52.00	52.70	49.80	1.052 times
24 Fri May 2024	50.98	50.54	51.97	49.51	1.015 times
18 Sat May 2024	50.54	49.48	51.51	48.50	1.1 times
10 Fri May 2024	49.48	51.47	51.47	48.53	1.762 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 Licnamc Licnmid100 (LICNMID100)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	49.81	51.35	53.00	48.60	0.095 times
31 Fri May 2024	50.36	51.70	52.70	48.50	0.576 times
30 Tue Apr 2024	50.27	47.89	52.47	46.99	0.288 times
28 Thu Mar 2024	48.30	48.32	49.91	44.10	22.421 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 Licnamc Licnmid100 (LICNMID100)

Price action analysis of Licnamc Licnmid100 ( (LICNMID100) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Licnamc Licnmid100 ( (LICNMID100) ) based on a short to mid 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 Licnamc 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 Licnamc Licnmid100 stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Licnamc 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 Licnamc 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 Licnamc 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 51.22 and Licnamc 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 Licnamc Licnmid100 (LICNMID100) stock. Volume based technical analysis of Licnamc Licnmid100 (LICNMID100) stock is negative.

Licnamc 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.