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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 2024-12-09 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 18000

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	107.00	108.50	108.50	107.00	0.083 times
06 Fri Dec 2024	108.50	103.05	108.50	103.00	0.458 times
05 Thu Dec 2024	106.00	106.50	108.50	104.95	0.25 times
04 Wed Dec 2024	103.00	102.30	104.00	99.95	0.458 times
03 Tue Dec 2024	101.75	102.75	106.80	99.50	5.542 times
02 Mon Dec 2024	107.00	112.00	112.50	106.00	0.25 times
29 Fri Nov 2024	112.50	106.00	112.50	105.50	0.125 times
28 Thu Nov 2024	113.00	109.50	115.00	109.50	0.125 times
27 Wed Nov 2024	109.50	109.45	128.50	105.00	0.292 times
26 Tue Nov 2024	109.45	109.45	109.45	109.45	0.042 times

My analysis of stock is bearish for shortterm, and stock might move down till 103.9 or till 100. Use a stoploss of 107.13 and if the stock hits stoploss, then it can shoot up till 110.37

Share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Target	89.80
Downside Target	96.15
Downside Target	99.50
Downside Target	107.00
Upside Target	112.50
Upside Target	116.50
Upside Target	118.00
Upside Target	121.00
Upside Target	125.00
Upside Target	128.50

Intraday share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Intraday Target	106.5
Downside Intraday Target	106
Upside Intraday Target	108
Upside Intraday Target	109
Upside Intraday Target	107.5

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	107.00	108.50	108.50	107.00	0.012 times
06 Fri Dec 2024	108.50	112.00	112.50	99.50	2.288 times
29 Fri Nov 2024	112.50	101.20	128.50	99.50	1.327 times
22 Fri Nov 2024	109.00	108.00	125.00	100.00	2.895 times
14 Thu Nov 2024	105.00	100.00	109.00	99.50	0.432 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
09 Mon Dec 2024	107.00	112.00	112.50	99.50	0.871 times
29 Fri Nov 2024	112.50	119.00	128.50	96.15	0.638 times
31 Thu Oct 2024	113.00	107.00	121.00	90.00	6.333 times
27 Fri Sep 2024	109.95	103.00	118.00	89.80	0.331 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mahickra Chemical in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mahickra Chemical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Mahickra Chemical in short term but BUY signal is weak.

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 103.3 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.