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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 2024-08-26 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 7875

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	101.25	101.50	101.50	101.00	0.19 times
23 Fri Aug 2024	108.00	104.50	112.00	104.50	0.476 times
21 Wed Aug 2024	103.10	104.00	104.00	103.10	0.19 times
20 Tue Aug 2024	104.05	104.05	104.05	104.05	0.095 times
19 Mon Aug 2024	114.20	114.00	114.50	114.00	0.762 times
16 Fri Aug 2024	107.00	107.00	107.00	107.00	0.095 times
13 Tue Aug 2024	107.00	108.00	108.00	100.40	6.476 times
12 Mon Aug 2024	108.00	100.50	108.00	100.25	0.952 times
08 Thu Aug 2024	108.00	108.00	108.00	108.00	0.095 times
07 Wed Aug 2024	111.00	112.80	112.80	108.00	0.762 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 103.7, but if it comes above 103.7, then a intra day buy could be more profitable.
If you take a sell trade below 103.7, then use 103.7 as stoploss and 99.8 as target. However if you take a buy trade in stock , then use 103.7 as stoploss and 106.95 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	111.50
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	101
Downside Intraday Target	100.75
Upside Intraday Target	101.5
Upside Intraday Target	101.75
Downside Intraday Target	101.25

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	101.25	101.50	101.50	101.00	0.125 times
23 Fri Aug 2024	108.00	114.00	114.50	103.10	0.203 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

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
26 Mon Aug 2024	101.25	111.95	116.50	100.00	0.195 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 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 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 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 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 107.79 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 is giving positive 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.