Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-21 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 9750

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	103.10	104.00	104.00	103.10	0.154 times
20 Tue Aug 2024	104.05	104.05	104.05	104.05	0.077 times
19 Mon Aug 2024	114.20	114.00	114.50	114.00	0.615 times
16 Fri Aug 2024	107.00	107.00	107.00	107.00	0.077 times
13 Tue Aug 2024	107.00	108.00	108.00	100.40	5.231 times
12 Mon Aug 2024	108.00	100.50	108.00	100.25	0.769 times
08 Thu Aug 2024	108.00	108.00	108.00	108.00	0.077 times
07 Wed Aug 2024	111.00	112.80	112.80	108.00	0.615 times
06 Tue Aug 2024	100.00	100.00	100.00	100.00	0.077 times
01 Thu Aug 2024	109.55	111.95	116.50	106.05	2.308 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 104.3, but if it comes above 104.3, then a intra day buy could be more profitable.
If you take a sell trade below 104.3, then use 104.3 as stoploss and 100.7 as target. However if you take a buy trade in stock , then use 104.3 as stoploss and 107.3 as target.

Share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Target	94.00
Downside Target	100.00
Upside Target	108.00
Upside Target	110.80
Upside Target	114.50
Upside Target	115.00
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	99.3
Downside Intraday Target	95.5
Upside Intraday Target	110.7
Upside Intraday Target	118.3
Upside Intraday Target	106.9

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	103.10	114.00	114.50	103.10	0.139 times
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

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
21 Wed Aug 2024	103.10	111.95	116.50	100.00	0.185 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 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 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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 below the red 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 BUY signal in short term and the buying is gaining 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 108.23 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.