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 2024-05-22 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 11600

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	128.25	120.00	128.25	120.00	1.724 times
21 Tue May 2024	116.60	116.00	116.60	110.00	1.379 times
18 Sat May 2024	106.00	105.35	106.00	105.35	0.172 times
17 Fri May 2024	110.80	120.00	120.00	109.50	1.466 times
16 Thu May 2024	120.00	117.00	120.00	117.00	0.948 times
15 Wed May 2024	117.00	120.00	121.00	116.25	1.552 times
07 Tue May 2024	128.75	121.00	128.95	121.00	0.517 times
06 Mon May 2024	129.90	119.00	129.90	119.00	0.69 times
03 Fri May 2024	120.00	120.00	120.00	119.00	0.69 times
02 Thu May 2024	121.55	128.00	128.00	121.50	0.259 times

My analysis of stock is bullish for shortterm, and stock might move up till 133.7 or till 143.7. Use a stoploss of 125.4 and if this stock hits its stoploss, then it can fall down till 117.09

Share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Target	105.35
Downside Target	110.00
Downside Target	115.00
Downside Target	119.00
Downside Target	121.55
Downside Target	124.00
Downside Target	128.00
Upside Target	137.75
Upside Target	138.50
Upside Target	146.00
Upside Target	155.00
Upside Target	167.00

Intraday share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Intraday Target	116.08
Downside Intraday Target	103.92
Upside Intraday Target	134.33
Upside Intraday Target	140.42
Downside Intraday Target	122.17

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	128.25	116.00	128.25	110.00	0.581 times
18 Sat May 2024	106.00	119.00	129.90	105.35	1.632 times
03 Fri May 2024	120.00	127.00	128.00	119.00	2.714 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

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
22 Wed May 2024	128.25	128.00	129.90	105.35	0.924 times
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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is gaining momentum.

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

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 red color and prices are in or above the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 120.08 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 falling down

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.