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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 2024-04-12 View latest technical analysis

10 day averaged volume of Mcleod Russel is 274641

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	27.65	27.65	27.65	27.65	0.081 times
10 Wed Apr 2024	28.20	28.20	28.20	28.20	0.191 times
09 Tue Apr 2024	28.75	28.75	28.75	28.75	0.189 times
08 Mon Apr 2024	29.30	29.80	29.80	29.30	0.217 times
05 Fri Apr 2024	29.90	29.00	30.20	28.60	1.223 times
04 Thu Apr 2024	28.90	28.50	28.95	28.00	1.822 times
03 Wed Apr 2024	27.60	27.60	27.60	27.00	1.45 times
02 Tue Apr 2024	26.30	26.30	26.30	26.30	0.236 times
01 Mon Apr 2024	25.05	24.50	25.05	24.40	0.268 times
28 Thu Mar 2024	23.90	24.70	25.45	23.70	1.506 times

My analysis of stock is bullish for shortterm, and stock might move up till 28.5 or till 30.4. Use a stoploss of 27 and if this stock hits its stoploss, then it can fall down till 25.48

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
Downside Target	25.60
Downside Target	26.70
Upside Target	28.95
Upside Target	30.20
Upside Target	32.35
Upside Target	32.50
Upside Target	36.80
Upside Target	37.35

Intraday share price targets for Mcleod Russel (MCLEODRUSS_BE)

Target Type	Value
Downside Intraday Target	26.93
Downside Intraday Target	26.22
Upside Intraday Target	29.08
Upside Intraday Target	30.52
Upside Intraday Target	28.37

Weekly technical analysis of Mcleod Russel (MCLEODRUSS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	27.65	29.80	29.80	27.65	0.136 times
05 Fri Apr 2024	29.90	24.50	30.20	24.40	0.887 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

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 Mcleod Russel (MCLEODRUSS_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	27.65	24.50	30.20	24.40	0.181 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 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 Mcleod Russel ( (MCLEODRUSS_BE) ) based on a short 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.

Price action analysis of Mcleod Russel ( (MCLEODRUSS_BE) ) 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Mcleod Russel in short term and the buy signal is strong.

Mcleod Russel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 Mcleod Russel in short term but SELL 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

Stock of Mcleod Russel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.51 and Mcleod Russel (MCLEODRUSS_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.