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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)

10 day averaged volume of Mahickra Chemical is 6000

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	117.00	117.00	117.00	117.00	1.5 times
22 Mon Apr 2024	117.05	117.05	117.05	117.05	0.25 times
19 Fri Apr 2024	120.00	120.00	120.00	120.00	1 times
18 Thu Apr 2024	124.00	120.00	124.00	118.00	1.5 times
16 Tue Apr 2024	122.00	122.35	122.35	122.00	1 times
12 Fri Apr 2024	128.05	128.10	128.10	128.00	0.5 times
10 Wed Apr 2024	128.00	126.00	128.00	125.10	1.5 times
09 Tue Apr 2024	124.60	125.00	125.00	124.25	1 times
05 Fri Apr 2024	122.00	130.00	130.00	122.00	1.5 times
04 Thu Apr 2024	123.00	125.05	125.05	123.00	1.25 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 116.5, for a target of 120.6 or 123.92

Share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Target	97.20
Downside Target	100.00
Downside Target	115.00
Upside Target	120.50
Upside Target	128.10
Upside Target	129.00
Upside Target	130.00
Upside Target	140.00
Upside Target	145.00
Upside Target	149.95
Upside Target	159.35

Intraday share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Intraday Target	116.98
Downside Intraday Target	116.97
Upside Intraday Target	117.03
Upside Intraday Target	117.07
Upside Intraday Target	117.02

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	117.00	117.05	117.05	117.00	0.5 times
19 Fri Apr 2024	120.00	122.35	124.00	118.00	1.167 times
12 Fri Apr 2024	128.05	125.00	128.10	124.25	0.857 times
05 Fri Apr 2024	122.00	126.00	130.00	122.00	0.233 times
27 Wed Mar 2024	122.55	123.00	140.00	120.50	0.923 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
24 Wed Apr 2024	117.00	126.00	130.00	117.00	0.215 times
27 Wed Mar 2024	122.55	120.45	149.95	115.00	0.763 times
28 Wed Feb 2024	150.20	130.35	159.35	129.00	1.104 times
31 Wed Jan 2024	137.45	101.00	145.00	100.00	2.063 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL signal for Mahickra Chemical in short term and the sell signal is strong.

Mahickra Chemical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 122.74 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.