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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 2024-08-08 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 17700

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	108.00	108.00	108.00	108.00	0.042 times
07 Wed Aug 2024	111.00	112.80	112.80	108.00	0.339 times
06 Tue Aug 2024	100.00	100.00	100.00	100.00	0.042 times
01 Thu Aug 2024	109.55	111.95	116.50	106.05	1.271 times
31 Wed Jul 2024	104.00	102.00	106.00	102.00	0.085 times
30 Tue Jul 2024	106.05	102.20	107.75	102.20	0.212 times
29 Mon Jul 2024	108.00	108.00	108.00	108.00	0.085 times
26 Fri Jul 2024	110.50	109.00	110.50	109.00	0.381 times
25 Thu Jul 2024	105.40	103.00	110.80	103.00	3.39 times
24 Wed Jul 2024	107.75	94.10	107.75	94.00	3.856 times

My analysis of stock is bullish for shortterm, and stock might move up till 110 or till 113.6. Use a stoploss of 107.06 and if this stock hits its stoploss, then it can fall down till 104.08

Share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Target	94.00
Downside Target	96.55
Downside Target	100.00
Downside Target	102.00
Downside Target	105.50
Upside Target	110.80
Upside Target	116.50
Upside Target	117.00
Upside Target	117.70
Upside Target	117.75
Upside Target	130.00
Upside Target	139.00

Intraday share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Intraday Target	101.07
Downside Intraday Target	94.13
Upside Intraday Target	113.87
Upside Intraday Target	119.73
Downside Intraday Target	106.93

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	108.00	100.00	112.80	100.00	0.256 times
01 Thu Aug 2024	109.55	108.00	116.50	102.00	0.207 times
26 Fri Jul 2024	110.50	108.00	110.80	94.00	2.541 times
19 Fri Jul 2024	107.30	106.00	117.75	105.50	0.239 times
12 Fri Jul 2024	108.80	108.00	117.70	96.55	2.583 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
08 Thu Aug 2024	108.00	111.95	116.50	100.00	0.057 times
31 Wed Jul 2024	104.00	101.00	117.75	94.00	14.306 times
28 Fri Jun 2024	101.00	111.05	115.00	100.00	1.633 times
27 Mon May 2024	113.00	137.15	139.00	111.50	0.294 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Mahickra Chemical stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mahickra Chemical 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 107.29 and Mahickra Chemical (MAHICKRA_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.