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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 2024-03-26 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 17250

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	127.65	123.00	140.00	120.50	3.739 times
22 Fri Mar 2024	122.00	120.00	122.00	115.00	1.913 times
21 Thu Mar 2024	123.00	124.00	124.00	122.00	0.435 times
20 Wed Mar 2024	124.30	133.50	133.50	124.00	1.217 times
19 Tue Mar 2024	125.25	126.00	126.00	125.00	1.13 times
18 Mon Mar 2024	126.00	116.00	126.00	116.00	0.957 times
14 Thu Mar 2024	126.00	125.10	135.00	125.10	0.609 times
13 Wed Mar 2024	129.00	149.95	149.95	125.00	1.217 times
12 Tue Mar 2024	146.35	140.00	146.50	138.00	0.957 times
11 Mon Mar 2024	143.75	142.00	148.50	141.00	0.522 times

Stock of Mahickra Chemical (MAHICKRA_SM) has showed a significant upmove. This could be a good time to enter in this stock!

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 127.3 as stoploss in an intra day buy trade for a target of 138.1. However, stock will show a bearish move below 127.3.

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	115.00
Downside Target	118.10
Downside Target	125.00
Upside Target	129.00
Upside Target	133.50
Upside Target	140.00
Upside Target	145.00
Upside Target	149.25
Upside Target	149.95
Upside Target	153.90
Upside Target	159.35

Intraday share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Intraday Target	118.77
Downside Intraday Target	109.88
Upside Intraday Target	138.27
Upside Intraday Target	148.88
Upside Intraday Target	129.38

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	127.65	123.00	140.00	120.50	0.662 times
22 Fri Mar 2024	122.00	116.00	133.50	115.00	1.711 times
14 Thu Mar 2024	126.00	142.00	149.95	125.00	0.927 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

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 Mahickra Chemical (MAHICKRA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	127.65	120.45	149.95	115.00	0.704 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 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 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 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 Weak and stock is losing momentum.

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

Mahickra Chemical 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 below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term but selling 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 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 128.1 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.