Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MCON_SM) Mcon Rasayan complete technical analysis [charts+indicators] | Buy/Sell Mcon Rasayan | (MCON_SM) share price targets

Complete technical analysis of Mcon Rasayan (MCON_SM) by charts plus indicators, forecast predictions and share price targets for Mcon Rasayan (MCON_SM)

Showing technical analysis as on 2024-01-17 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 5600

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	160.00	160.25	160.25	155.00	0.714 times
16 Tue Jan 2024	152.95	152.50	152.95	151.00	0.536 times
15 Mon Jan 2024	154.05	155.00	158.00	153.05	0.893 times
12 Fri Jan 2024	153.25	157.05	160.00	152.25	1.964 times
11 Thu Jan 2024	160.05	164.00	164.00	157.00	2.321 times
10 Wed Jan 2024	161.80	161.80	161.80	161.80	0.179 times
09 Tue Jan 2024	161.80	159.00	161.80	159.00	0.714 times
08 Mon Jan 2024	154.15	155.10	156.80	148.05	1.429 times
05 Fri Jan 2024	155.10	150.00	155.10	150.00	0.357 times
04 Thu Jan 2024	153.05	157.00	157.00	153.05	0.893 times

My analysis of stock is bullish for shortterm, and stock might move up till 165.8 or till 173. Use a stoploss of 159.85 and if this stock hits its stoploss, then it can fall down till 153.85

Share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Target	116.00
Downside Target	121.00
Downside Target	136.90
Downside Target	148.05
Downside Target	159.40
Upside Target	164.00
Upside Target	167.00
Upside Target	171.50
Upside Target	173.00
Upside Target	179.35

Intraday share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Intraday Target	153.92
Downside Intraday Target	147.83
Upside Intraday Target	163.17
Upside Intraday Target	166.33
Downside Intraday Target	157.08

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	160.00	155.00	160.25	151.00	0.324 times
12 Fri Jan 2024	153.25	155.10	164.00	148.05	1.85 times
05 Fri Jan 2024	155.10	166.05	167.00	150.00	0.286 times
29 Fri Dec 2023	172.50	160.00	179.35	160.00	2.414 times
22 Fri Dec 2023	155.00	170.00	171.50	150.00	0.906 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 Mcon Rasayan (MCON_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	160.00	166.05	167.00	148.05	0.367 times
29 Fri Dec 2023	172.50	137.10	179.35	137.10	1.253 times
30 Thu Nov 2023	140.10	144.65	153.15	136.90	0.714 times
31 Tue Oct 2023	142.00	123.00	159.40	121.00	1.045 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 Mcon Rasayan (MCON_SM)

Price action analysis of Mcon Rasayan ( (MCON_SM) ) 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 Mcon Rasayan ( (MCON_SM) ) 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 Mcon Rasayan ( (MCON_SM) ) 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 Mcon Rasayan ( (MCON_SM) ) 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 Mcon Rasayan stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mcon Rasayan in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mcon Rasayan 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. Bears are weakening, and bulls are picking up momentum!

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 Mcon Rasayan in short term and BUY signal is strong.

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 Mcon Rasayan is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 156.31 and Mcon Rasayan (MCON_SM) 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 Mcon Rasayan (MCON_SM) stock. Volume based technical analysis of Mcon Rasayan (MCON_SM) stock is negative.

Mcon Rasayan Stock is giving positive 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.