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

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

Showing technical analysis as on 2024-02-13 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 18000

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	145.80	155.00	155.00	143.00	3.333 times
12 Mon Feb 2024	153.85	153.00	154.10	153.00	1.167 times
09 Fri Feb 2024	153.60	159.35	159.35	152.00	1.167 times
08 Thu Feb 2024	150.35	148.00	151.00	148.00	1.5 times
07 Wed Feb 2024	149.75	145.00	154.00	145.00	2.167 times
06 Tue Feb 2024	138.80	133.10	140.00	133.10	1.167 times
05 Mon Feb 2024	138.50	135.00	138.50	134.80	0.5 times
02 Fri Feb 2024	138.00	132.00	138.00	131.50	0.5 times
01 Thu Feb 2024	129.70	130.35	130.35	129.00	0.417 times
31 Wed Jan 2024	137.45	140.45	145.00	128.05	1.083 times

Stock of Mahickra Chemical (MAHICKRA_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 146 as stoploss in an intra day sell trade for a target of 131.61. However, stock will show a bullish move above 146.

Share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Target	82.50
Downside Target	88.00
Downside Target	97.20
Downside Target	100.00
Downside Target	106.00
Downside Target	110.50
Downside Target	115.00
Downside Target	118.10
Downside Target	122.00
Downside Target	127.00
Downside Target	133.10
Downside Target	143.00
Downside Target	145.00
Upside Target	155.00
Upside Target	159.35

Intraday share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Intraday Target	140.87
Downside Intraday Target	135.93
Upside Intraday Target	152.87
Upside Intraday Target	159.93
Upside Intraday Target	147.93

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	145.80	153.00	155.00	143.00	0.692 times
09 Fri Feb 2024	153.60	135.00	159.35	133.10	1.368 times
02 Fri Feb 2024	138.00	125.00	145.00	122.00	1.096 times
25 Thu Jan 2024	122.70	115.70	127.00	110.50	1.625 times
19 Fri Jan 2024	113.00	106.00	115.00	106.00	0.5 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 Mahickra Chemical (MAHICKRA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	145.80	130.35	159.35	129.00	0.55 times
31 Wed Jan 2024	137.45	101.00	145.00	100.00	2.063 times
28 Thu Dec 2023	101.10	98.30	118.10	97.20	0.689 times
30 Thu Nov 2023	98.25	86.30	101.45	84.05	3.66 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 Mahickra Chemical (MAHICKRA_SM)

Price action analysis of Mahickra Chemical ( (MAHICKRA_SM) ) based on a short 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 Mahickra Chemical ( (MAHICKRA_SM) ) 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 Mahickra Chemical ( (MAHICKRA_SM) ) 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 Mahickra Chemical ( (MAHICKRA_SM) ) 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 Mahickra Chemical stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Mahickra Chemical in short term and the buy signal is strong.

Mahickra Chemical 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mahickra Chemical in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Mahickra Chemical is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 145.98 and Mahickra Chemical (MAHICKRA_SM) 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 Mahickra Chemical (MAHICKRA_SM) stock. Volume based technical analysis of Mahickra Chemical (MAHICKRA_SM) stock is negative.

Mahickra Chemical 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.