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 2024-08-27 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 7950

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	111.00	111.00	111.00	111.00	0.189 times
26 Mon Aug 2024	101.25	101.50	101.50	101.00	0.189 times
23 Fri Aug 2024	108.00	104.50	112.00	104.50	0.472 times
21 Wed Aug 2024	103.10	104.00	104.00	103.10	0.189 times
20 Tue Aug 2024	104.05	104.05	104.05	104.05	0.094 times
19 Mon Aug 2024	114.20	114.00	114.50	114.00	0.755 times
16 Fri Aug 2024	107.00	107.00	107.00	107.00	0.094 times
13 Tue Aug 2024	107.00	108.00	108.00	100.40	6.415 times
12 Mon Aug 2024	108.00	100.50	108.00	100.25	0.943 times
08 Thu Aug 2024	108.00	108.00	108.00	108.00	0.094 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 110.5, but if it comes below 110.5, then a intra day sell could be more profitable.
If you take a sell trade below 110.5, then use 110.5 as stoploss and 107.14 as target. However if you take a buy trade in stock , then use 110.5 as stoploss and 114.6 as target.

Share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Target	94.00
Downside Target	100.00
Downside Target	108.00
Downside Target	111.00
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	104.33
Downside Intraday Target	97.67
Upside Intraday Target	114.33
Upside Intraday Target	117.67
Downside Intraday Target	107.67

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	111.00	101.50	111.00	101.00	0.25 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 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
27 Tue Aug 2024	111.00	111.95	116.50	100.00	0.198 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 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 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 short to mid 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 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 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 107.59 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 positive

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