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(MCLEODRUSS_BE) Mcleod Russel complete technical analysis [charts+indicators] | Buy/Sell Mcleod Russel | (MCLEODRUSS_BE) share price targets

Complete technical analysis of Mcleod Russel (MCLEODRUSS_BE) by charts plus indicators, forecast predictions and share price targets for Mcleod Russel (MCLEODRUSS_BE)

Showing technical analysis as on 2024-04-01 View latest technical analysis

10 day averaged volume of Mcleod Russel is 438726

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	25.05	24.50	25.05	24.40	0.168 times
28 Thu Mar 2024	23.90	24.70	25.45	23.70	0.943 times
27 Wed Mar 2024	24.65	25.65	26.80	24.45	1.813 times
26 Tue Mar 2024	25.70	27.05	27.20	25.65	0.773 times
22 Fri Mar 2024	27.00	27.20	27.65	26.15	0.904 times
21 Thu Mar 2024	27.20	27.00	28.10	26.80	0.666 times
20 Wed Mar 2024	26.80	25.55	26.80	25.00	0.837 times
19 Tue Mar 2024	25.55	26.45	26.85	25.45	0.653 times
18 Mon Mar 2024	26.45	26.90	27.70	26.30	0.509 times
15 Fri Mar 2024	27.00	27.45	27.50	25.60	0.973 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 25.1, but if it comes above 25.1, then a intra day buy could be more profitable.
If you take a sell trade below 25.1, then use 25.1 as stoploss and 20.6 as target. However if you take a buy trade in stock , then use 25.1 as stoploss and 28.82 as target.

Share price targets for Mcleod Russel (MCLEODRUSS_BE)

Target Type	Value
Downside Target	23.00
Downside Target	23.70
Downside Target	24.40
Downside Target	25.00
Upside Target	25.60
Upside Target	26.70
Upside Target	28.10
Upside Target	28.95
Upside Target	31.25
Upside Target	32.35
Upside Target	32.50
Upside Target	35.50
Upside Target	36.80
Upside Target	37.35

Intraday share price targets for Mcleod Russel (MCLEODRUSS_BE)

Target Type	Value
Downside Intraday Target	24.62
Downside Intraday Target	24.18
Upside Intraday Target	25.27
Upside Intraday Target	25.48
Downside Intraday Target	24.83

Weekly technical analysis of Mcleod Russel (MCLEODRUSS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	25.05	24.50	25.05	24.40	0.047 times
28 Thu Mar 2024	23.90	27.05	27.20	23.70	0.989 times
22 Fri Mar 2024	27.00	26.90	28.10	25.00	0.733 times
15 Fri Mar 2024	27.00	32.10	32.50	25.60	1.181 times
07 Thu Mar 2024	31.65	35.25	35.50	31.25	0.371 times

Price has moved up 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 Mcleod Russel (MCLEODRUSS_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	25.05	24.50	25.05	24.40	0.009 times
28 Thu Mar 2024	23.90	34.25	36.80	23.70	1.948 times
29 Thu Feb 2024	33.85	37.35	37.35	32.35	0.504 times
30 Tue Jan 2024	27.15	27.80	29.35	23.00	17.208 times

Scroll below to view daily charts

Price has moved up 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 Mcleod Russel (MCLEODRUSS_BE)

Price action analysis of Mcleod Russel ( (MCLEODRUSS_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 Mcleod Russel ( (MCLEODRUSS_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 Mcleod Russel ( (MCLEODRUSS_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 Mcleod Russel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mcleod Russel in short term and the sell signal is strong.

Mcleod Russel 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 moving up

CCI has generated a buy signal for Mcleod Russel 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 Mcleod Russel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.81 and Mcleod Russel (MCLEODRUSS_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 Mcleod Russel (MCLEODRUSS_BE) stock. Volume based technical analysis of Mcleod Russel (MCLEODRUSS_BE) stock is negative.

Mcleod Russel 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.