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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 2024-08-16 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 10200

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	107.00	107.00	107.00	107.00	0.074 times
13 Tue Aug 2024	107.00	108.00	108.00	100.40	5 times
12 Mon Aug 2024	108.00	100.50	108.00	100.25	0.735 times
08 Thu Aug 2024	108.00	108.00	108.00	108.00	0.074 times
07 Wed Aug 2024	111.00	112.80	112.80	108.00	0.588 times
06 Tue Aug 2024	100.00	100.00	100.00	100.00	0.074 times
01 Thu Aug 2024	109.55	111.95	116.50	106.05	2.206 times
31 Wed Jul 2024	104.00	102.00	106.00	102.00	0.147 times
30 Tue Jul 2024	106.05	102.20	107.75	102.20	0.368 times
29 Mon Jul 2024	108.00	108.00	108.00	108.00	0.147 times

My analysis of stock is bearish for shortterm, and stock might move down till 105.2 or till 102.3. Use a stoploss of 107.7 and if the stock hits stoploss, then it can shoot up till 110.16

Share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Target	94.00
Downside Target	100.00
Downside Target	105.50
Upside Target	108.00
Upside Target	110.80
Upside Target	116.50
Upside Target	117.00
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	102.17
Downside Intraday Target	97.33
Upside Intraday Target	109.92
Upside Intraday Target	112.83
Downside Intraday Target	105.08

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	107.00	100.50	108.00	100.25	7.9 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	107.00	111.95	116.50	100.00	0.17 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 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 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 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 Weak and stock is losing 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. Bears are getting stronger in this stock.

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 buy signal for Mahickra Chemical in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 107.81 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.