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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 2024-10-22 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 15825

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	103.60	99.05	106.00	99.05	0.332 times
21 Mon Oct 2024	107.50	111.50	111.50	101.00	0.427 times
16 Wed Oct 2024	111.50	106.90	111.50	106.90	3.128 times
14 Mon Oct 2024	111.00	102.20	111.00	102.00	5.071 times
11 Fri Oct 2024	109.90	110.00	110.00	101.00	0.142 times
10 Thu Oct 2024	105.40	103.10	109.85	101.00	0.332 times
09 Wed Oct 2024	112.60	101.10	112.60	101.10	0.095 times
04 Fri Oct 2024	107.00	97.05	115.00	97.05	0.427 times
03 Thu Oct 2024	107.00	107.00	107.00	107.00	0.047 times
27 Fri Sep 2024	109.95	89.80	110.00	89.80	0.19 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 105.4, but if it comes above 105.4, then a intra day buy could be more profitable.
If you take a sell trade below 105.4, then use 105.4 as stoploss and 101.6 as target. However if you take a buy trade in stock , then use 105.4 as stoploss and 108.62 as target.

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	99.05
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	97.93
Downside Intraday Target	92.27
Upside Intraday Target	110.38
Upside Intraday Target	117.17
Upside Intraday Target	104.72

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	103.60	111.50	111.50	99.05	0.092 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
22 Tue Oct 2024	103.60	107.00	115.00	97.05	4.396 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 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 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 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 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 SELL signal for Mahickra Chemical in short term and the sell signal is strong.

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 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 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 110.38 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.