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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 2024-09-05 View latest technical analysis

10 day averaged volume of Mcnally Bh is 181101

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	4.99	5.02	5.23	4.93	1.961 times
04 Wed Sep 2024	5.02	5.15	5.20	4.90	1.088 times
03 Tue Sep 2024	5.15	5.13	5.49	5.04	0.979 times
02 Mon Sep 2024	5.31	5.12	5.37	5.00	1.015 times
30 Fri Aug 2024	5.12	5.33	5.33	5.10	0.506 times
29 Thu Aug 2024	5.11	5.32	5.58	5.05	1.35 times
28 Wed Aug 2024	5.32	5.83	5.83	5.32	1.185 times
27 Tue Aug 2024	5.60	5.34	5.60	5.34	0.507 times
26 Mon Aug 2024	5.34	5.32	5.34	5.04	1.404 times
23 Fri Aug 2024	5.09	5.25	5.25	5.05	0.946 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 4.9 as stoploss in an intra day buy trade for a target of 5.27. However, stock will show a bearish move below 4.9.

Share price targets for Mcnally Bh (MBECL_BE)

Target Type	Value
Downside Target	4.05
Downside Target	4.45
Downside Target	4.70
Downside Target	4.90
Upside Target	5.15
Upside Target	5.35
Upside Target	5.36
Upside Target	5.49
Upside Target	5.83
Upside Target	5.89
Upside Target	6.48

Intraday share price targets for Mcnally Bh (MBECL_BE)

Target Type	Value
Downside Intraday Target	4.76
Downside Intraday Target	4.54
Upside Intraday Target	5.35
Upside Intraday Target	5.72
Upside Intraday Target	5.13

Weekly technical analysis of Mcnally Bh (MBECL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	4.99	5.12	5.49	4.90	1.019 times
30 Fri Aug 2024	5.12	5.32	5.83	5.04	0.885 times
23 Fri Aug 2024	5.09	4.91	5.36	4.91	0.983 times
16 Fri Aug 2024	5.05	5.89	5.89	5.04	2.722 times
09 Fri Aug 2024	6.20	4.81	6.48	4.46	0.441 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
05 Thu Sep 2024	4.99	5.12	5.49	4.90	0.283 times
30 Fri Aug 2024	5.12	6.48	6.48	4.91	1.59 times
15 Mon Jul 2024	4.54	4.83	4.97	4.45	0.616 times
28 Fri Jun 2024	4.77	5.30	5.35	4.05	5.389 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mcnally Bh in short term but the sell 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 coming down

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 and the buying is gaining 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 5.18 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.