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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 2024-09-04 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 2400

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	108.60	108.60	108.60	108.60	4.688 times
03 Tue Sep 2024	108.90	103.00	108.95	103.00	1.875 times
30 Fri Aug 2024	112.20	110.00	114.40	110.00	0.625 times
29 Thu Aug 2024	110.00	110.00	110.00	110.00	0.313 times
28 Wed Aug 2024	107.80	102.70	107.80	102.70	0.938 times
27 Tue Aug 2024	111.00	111.00	111.00	111.00	0.625 times
26 Mon Aug 2024	101.25	101.50	101.50	101.00	0.625 times
23 Fri Aug 2024	108.00	104.50	112.00	104.50	1.563 times
21 Wed Aug 2024	103.10	104.00	104.00	103.10	0.625 times
20 Tue Aug 2024	104.05	104.05	104.05	104.05	0.313 times

Stock of Mahickra Chemical (MAHICKRA_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 111 or till 115.2. Use a stoploss of 107.49 and if this stock hits its stoploss, then it can fall down till 103.97

Share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Target	94.00
Downside Target	100.00
Downside Target	108.00
Upside Target	111.50
Upside Target	112.80
Upside Target	114.40
Upside Target	114.50
Upside Target	115.00
Upside Target	116.50
Upside Target	117.75
Upside Target	139.00

Intraday share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Intraday Target	104.75
Downside Intraday Target	100.9
Upside Intraday Target	110.7
Upside Intraday Target	112.8
Downside Intraday Target	106.85

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	108.60	103.00	108.95	103.00	2.1 times
30 Fri Aug 2024	112.20	101.50	114.40	101.00	0.625 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

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
04 Wed Sep 2024	108.60	103.00	108.95	103.00	0.145 times
30 Fri Aug 2024	112.20	111.95	116.50	100.00	0.207 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

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 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 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 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 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.

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 green color and prices are above the green 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 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 108.08 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.