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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 2024-07-12 View latest technical analysis

10 day averaged volume of Mcnally Bh is 193574

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	4.62	4.55	4.72	4.55	0.463 times
11 Thu Jul 2024	4.59	4.76	4.76	4.45	0.561 times
10 Wed Jul 2024	4.58	4.82	4.82	4.45	0.701 times
09 Tue Jul 2024	4.68	4.69	4.80	4.50	1.047 times
08 Mon Jul 2024	4.69	4.81	4.97	4.68	1.663 times
05 Fri Jul 2024	4.75	4.73	4.81	4.59	0.816 times
04 Thu Jul 2024	4.59	4.72	4.78	4.57	1.863 times
03 Wed Jul 2024	4.61	4.94	4.94	4.55	1.822 times
02 Tue Jul 2024	4.79	4.60	4.89	4.60	0.426 times
01 Mon Jul 2024	4.71	4.83	4.83	4.63	0.653 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 4.6 as stoploss in an intra day buy trade for a target of 4.74. However, stock will show a bearish move below 4.6.

Share price targets for Mcnally Bh (MBECL_BE)

Target Type	Value
Downside Target	4.05
Downside Target	4.25
Downside Target	4.45
Upside Target	4.93
Upside Target	4.97
Upside Target	5.10
Upside Target	5.15
Upside Target	5.35
Upside Target	6.65

Intraday share price targets for Mcnally Bh (MBECL_BE)

Target Type	Value
Downside Intraday Target	4.39
Downside Intraday Target	4.16
Upside Intraday Target	4.91
Upside Intraday Target	5.2
Upside Intraday Target	4.68

Weekly technical analysis of Mcnally Bh (MBECL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	4.62	4.81	4.97	4.45	0.795 times
05 Fri Jul 2024	4.75	4.83	4.94	4.55	1.162 times
28 Fri Jun 2024	4.77	5.04	5.10	4.49	1.255 times
21 Fri Jun 2024	4.94	5.13	5.15	4.61	0.964 times
14 Fri Jun 2024	4.91	4.47	4.93	4.11	0.897 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
12 Fri Jul 2024	4.62	4.83	4.97	4.45	0.589 times
28 Fri Jun 2024	4.77	5.30	5.35	4.05	5.389 times
31 Fri May 2024	5.10	4.95	5.15	4.70	0.231 times
19 Fri Apr 2024	4.25	4.70	5.35	4.25	1.826 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 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 Mcnally Bh ( (MBECL_BE) ) based on a short to mid 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 Mcnally Bh ( (MBECL_BE) ) based on a mid to longer 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.

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 BUY signal for Mcnally Bh in short term but the buy signal is initial and weak.

Mcnally Bh 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mcnally Bh in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 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 4.65 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.