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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 2024-03-11 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 18000

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	143.75	142.00	148.50	141.00	0.5 times
07 Thu Mar 2024	146.95	141.00	148.40	141.00	1 times
06 Wed Mar 2024	143.00	146.90	146.90	140.10	1.083 times
05 Tue Mar 2024	142.70	148.25	149.25	141.00	0.75 times
04 Mon Mar 2024	147.75	147.25	147.75	147.00	0.583 times
01 Fri Mar 2024	141.55	120.45	149.95	120.45	1.25 times
28 Wed Feb 2024	150.20	144.40	152.50	142.60	1.333 times
27 Tue Feb 2024	147.50	148.00	148.00	147.00	0.5 times
26 Mon Feb 2024	153.15	146.95	153.90	143.30	1.333 times
23 Fri Feb 2024	148.25	149.50	151.40	143.60	1.083 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 144.4, but if it comes above 144.4, then a intra day buy could be more profitable.
If you take a sell trade below 144.4, then use 144.4 as stoploss and 140.3 as target. However if you take a buy trade in stock , then use 144.4 as stoploss and 147.82 as target.

Share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Target	84.05
Downside Target	97.20
Downside Target	100.00
Downside Target	118.10
Downside Target	129.00
Downside Target	140.10
Upside Target	145.00
Upside Target	148.50
Upside Target	149.25
Upside Target	149.95
Upside Target	153.90
Upside Target	155.00
Upside Target	156.00
Upside Target	159.35

Intraday share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Intraday Target	140.33
Downside Intraday Target	136.92
Upside Intraday Target	147.83
Upside Intraday Target	151.92
Upside Intraday Target	144.42

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	143.75	142.00	148.50	141.00	0.146 times
07 Thu Mar 2024	146.95	147.25	149.25	140.10	0.774 times
01 Fri Mar 2024	141.55	146.95	153.90	120.45	0.679 times
23 Fri Feb 2024	148.25	143.35	156.00	141.05	0.951 times
16 Fri Feb 2024	148.25	153.00	155.00	140.50	1.051 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
11 Mon Mar 2024	143.75	120.45	149.95	120.45	0.216 times
28 Wed Feb 2024	150.20	130.35	159.35	129.00	1.104 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

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 Mahickra Chemical (MAHICKRA_SM)

Price action analysis of Mahickra Chemical ( (MAHICKRA_SM) ) 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 Mahickra Chemical ( (MAHICKRA_SM) ) 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 Mahickra Chemical ( (MAHICKRA_SM) ) 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Mahickra Chemical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 146.84 and Mahickra Chemical (MAHICKRA_SM) 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 Mahickra Chemical (MAHICKRA_SM) stock. Volume based technical analysis of Mahickra Chemical (MAHICKRA_SM) stock is negative.

Mahickra Chemical 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.