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(MBECL_BE) Mcnally Bh complete technical analysis [charts+indicators] | Buy/Sell Mcnally Bh | (MBECL_BE) share price targets

Complete technical analysis of Mcnally Bh (MBECL_BE) by charts plus indicators, forecast predictions and share price targets for Mcnally Bh (MBECL_BE)

Showing technical analysis as on 2024-03-28 View latest technical analysis

10 day averaged volume of Mcnally Bh is 92229

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	4.80	4.75	4.80	4.75	3.216 times
27 Wed Mar 2024	4.85	4.85	4.85	4.85	0.319 times
26 Tue Mar 2024	4.95	4.95	4.95	4.95	0.166 times
22 Fri Mar 2024	5.05	5.05	5.05	5.05	0.295 times
21 Thu Mar 2024	5.15	5.15	5.15	5.15	0.156 times
20 Wed Mar 2024	5.25	5.25	5.25	5.25	8.854 times
19 Tue Mar 2024	5.35	5.35	5.35	5.35	0.013 times
18 Mon Mar 2024	5.45	5.45	5.45	5.45	0.016 times
15 Fri Mar 2024	5.55	5.55	5.55	5.55	0.035 times
14 Thu Mar 2024	5.65	5.65	5.65	5.65	0.027 times

Stock of Mcnally Bh (MBECL_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.1, but if it comes above 5.1, then a intra day buy could be more profitable.
If you take a sell trade below 5.1, then use 5.1 as stoploss and 4.5 as target. However if you take a buy trade in stock , then use 5.1 as stoploss and 5.7 as target.

Share price targets for Mcnally Bh (MBECL_BE)

Target Type	Value
Downside Target	3.75
Downside Target	4.25
Downside Target	4.40
Downside Target	4.75
Upside Target	4.85
Upside Target	4.95
Upside Target	5.05
Upside Target	5.45
Upside Target	5.95
Upside Target	6.35
Upside Target	6.55
Upside Target	6.60
Upside Target	6.65
Upside Target	7.10

Intraday share price targets for Mcnally Bh (MBECL_BE)

Target Type	Value
Downside Intraday Target	4.72
Downside Intraday Target	4.63
Upside Intraday Target	4.92
Upside Intraday Target	5.03
Upside Intraday Target	4.83

Weekly technical analysis of Mcnally Bh (MBECL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	4.80	4.95	4.95	4.75	0.397 times
22 Fri Mar 2024	5.05	5.45	5.45	5.05	23.84 times
15 Fri Mar 2024	5.55	5.95	5.95	5.55	0.673 times
07 Thu Mar 2024	6.05	6.35	6.35	6.05	0.04 times
02 Sat Mar 2024	6.45	6.05	6.65	6.05	0.866 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 Mcnally Bh (MBECL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	4.80	6.65	6.65	4.75	0.265 times
29 Thu Feb 2024	6.55	6.25	6.55	4.85	1.1 times
31 Wed Jan 2024	6.15	5.95	7.10	5.45	0.836 times
29 Fri Dec 2023	5.70	4.40	6.60	4.40	7.769 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 Mcnally Bh (MBECL_BE)

Price action analysis of Mcnally Bh ( (MBECL_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mcnally Bh ( (MBECL_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mcnally Bh ( (MBECL_BE) ) 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 Mcnally Bh stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mcnally Bh in short term and the sell signal is strong.

Mcnally Bh 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 SELL signal for Mcnally Bh in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Mcnally Bh is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5.12 and Mcnally Bh (MBECL_BE) 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 Mcnally Bh (MBECL_BE) stock. Volume based technical analysis of Mcnally Bh (MBECL_BE) stock is negative.

Mcnally Bh 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.