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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 2024-10-21 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 15525

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	107.50	111.50	111.50	101.00	0.435 times
16 Wed Oct 2024	111.50	106.90	111.50	106.90	3.188 times
14 Mon Oct 2024	111.00	102.20	111.00	102.00	5.169 times
11 Fri Oct 2024	109.90	110.00	110.00	101.00	0.145 times
10 Thu Oct 2024	105.40	103.10	109.85	101.00	0.338 times
09 Wed Oct 2024	112.60	101.10	112.60	101.10	0.097 times
04 Fri Oct 2024	107.00	97.05	115.00	97.05	0.435 times
03 Thu Oct 2024	107.00	107.00	107.00	107.00	0.048 times
27 Fri Sep 2024	109.95	89.80	110.00	89.80	0.193 times
26 Thu Sep 2024	108.00	105.00	118.00	105.00	0.145 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 106 as stoploss in an intra day buy trade for a target of 109.05. However, stock will show a bearish move below 106.

Share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Target	89.80
Downside Target	94.00
Downside Target	97.05
Downside Target	100.00
Upside Target	111.50
Upside Target	115.00
Upside Target	116.50
Upside Target	117.75
Upside Target	118.00

Intraday share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Intraday Target	101.83
Downside Intraday Target	96.17
Upside Intraday Target	112.33
Upside Intraday Target	117.17
Downside Intraday Target	106.67

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	107.50	111.50	111.50	101.00	0.052 times
16 Wed Oct 2024	111.50	102.20	111.50	102.00	14.417 times
11 Fri Oct 2024	109.90	101.10	112.60	101.00	1.2 times
04 Fri Oct 2024	107.00	107.00	115.00	97.05	0.769 times
27 Fri Sep 2024	109.95	112.00	118.00	89.80	6.5 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 Mon Oct 2024	107.50	107.00	115.00	97.05	4.25 times
27 Fri Sep 2024	109.95	103.00	118.00	89.80	0.331 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Mahickra Chemical stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

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 above 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 SELL signal in short term but selling 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 110.57 and Mahickra Chemical (MAHICKRA_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 negative.

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