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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 2024-09-25 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 2925

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	103.30	97.45	107.80	97.30	1.282 times
24 Tue Sep 2024	112.00	112.00	112.00	112.00	0.256 times
20 Fri Sep 2024	115.00	115.00	115.00	115.00	0.256 times
16 Mon Sep 2024	110.00	110.00	110.00	110.00	0.256 times
12 Thu Sep 2024	110.50	101.10	115.00	101.10	2.308 times
11 Wed Sep 2024	102.05	101.00	103.15	101.00	0.513 times
05 Thu Sep 2024	108.60	108.60	108.60	108.60	0.256 times
04 Wed Sep 2024	108.60	108.60	108.60	108.60	3.846 times
03 Tue Sep 2024	108.90	103.00	108.95	103.00	1.538 times
30 Fri Aug 2024	112.20	110.00	114.40	110.00	0.513 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 104.4, but if it comes above 104.4, then a intra day buy could be more profitable.
If you take a sell trade below 104.4, then use 104.4 as stoploss and 99.9 as target. However if you take a buy trade in stock , then use 104.4 as stoploss and 108.23 as target.

Share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Target	94.00
Downside Target	97.30
Downside Target	100.00
Upside Target	108.95
Upside Target	114.40
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	96.4
Downside Intraday Target	89.5
Upside Intraday Target	111.1
Upside Intraday Target	118.9
Upside Intraday Target	104.2

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	103.30	112.00	112.00	97.30	3 times
20 Fri Sep 2024	115.00	110.00	115.00	110.00	0.182 times
12 Thu Sep 2024	110.50	101.00	115.00	101.00	0.5 times
05 Thu Sep 2024	108.60	103.00	108.95	103.00	2.2 times
30 Fri Aug 2024	112.20	101.50	114.40	101.00	0.625 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
25 Wed Sep 2024	103.30	103.00	115.00	97.30	0.283 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 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mahickra Chemical ( (MAHICKRA_SM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mahickra Chemical ( (MAHICKRA_SM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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

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 108.55 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.