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 2024-04-29 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 5200

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	127.95	127.00	127.95	124.10	5.192 times
26 Fri Apr 2024	137.85	134.05	138.00	134.05	0.769 times
25 Thu Apr 2024	138.50	134.00	138.50	133.00	0.577 times
24 Wed Apr 2024	134.00	132.00	134.00	132.00	0.577 times
23 Tue Apr 2024	132.00	132.00	132.00	132.00	0.192 times
22 Mon Apr 2024	131.00	128.00	131.00	128.00	0.577 times
18 Thu Apr 2024	128.00	129.15	129.15	125.00	1.731 times
16 Tue Apr 2024	129.15	128.65	129.95	128.65	0.769 times
15 Mon Apr 2024	129.00	124.50	131.00	124.00	1.538 times
12 Fri Apr 2024	121.70	126.00	126.00	121.00	0.962 times

Stock of Mcon Rasayan (MCON_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 132.1 or till 140. Use a stoploss of 125.59 and if this stock hits its stoploss, then it can fall down till 119.03

Share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Target	106.40
Downside Target	115.00
Downside Target	121.00
Downside Target	124.00
Upside Target	137.10
Upside Target	137.75
Upside Target	138.50
Upside Target	146.00
Upside Target	155.00
Upside Target	167.00
Upside Target	179.35

Intraday share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Intraday Target	125.38
Downside Intraday Target	122.82
Upside Intraday Target	129.23
Upside Intraday Target	130.52
Downside Intraday Target	126.67

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	127.95	127.00	127.95	124.10	1.929 times
26 Fri Apr 2024	137.85	128.00	138.50	128.00	0.667 times
18 Thu Apr 2024	128.00	124.50	131.00	124.00	0.583 times
12 Fri Apr 2024	121.70	121.05	130.00	115.00	1.8 times
05 Fri Apr 2024	123.50	121.55	126.50	121.00	1.429 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mcon Rasayan (MCON_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	127.95	121.55	138.50	115.00	0.843 times
28 Thu Mar 2024	115.90	145.00	146.00	106.40	0.67 times
29 Thu Feb 2024	155.00	145.10	155.00	121.55	1.462 times
31 Wed Jan 2024	150.10	166.05	167.00	137.75	0.761 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 Mcon Rasayan (MCON_SM)

Price action analysis of Mcon Rasayan ( (MCON_SM) ) based on a short 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 Mcon Rasayan ( (MCON_SM) ) 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 Mcon Rasayan ( (MCON_SM) ) based on a short to mid 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 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 gaining momentum.

MACD generated a BUY signal for Mcon Rasayan in short term and the buy signal is strong.

Mcon Rasayan Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 Mcon Rasayan in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Mcon Rasayan is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 129.22 and Mcon Rasayan (MCON_SM) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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