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(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 2024-06-14 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 8800

Date	Daily Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	142.80	149.95	150.00	142.05	1.136 times
13 Thu Jun 2024	143.50	143.45	147.95	143.45	1.023 times
12 Wed Jun 2024	151.00	149.95	151.00	145.55	0.341 times
11 Tue Jun 2024	151.05	151.00	151.05	151.00	0.227 times
10 Mon Jun 2024	150.95	146.00	151.00	145.50	3.636 times
07 Fri Jun 2024	143.85	142.00	143.85	142.00	0.682 times
06 Thu Jun 2024	137.00	136.25	139.00	135.00	0.909 times
05 Wed Jun 2024	138.00	140.00	140.00	138.00	0.227 times
04 Tue Jun 2024	142.45	142.45	142.50	142.45	0.568 times
03 Mon Jun 2024	149.95	149.50	152.00	148.00	0.568 times

My analysis of stock is bullish for shortterm, and stock might move up till 154.6 or till 169.3. Use a stoploss of 142.37 and if this stock hits its stoploss, then it can fall down till 130.11

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	121.55
Downside Target	129.90
Downside Target	135.00
Downside Target	138.50
Upside Target	146.00
Upside Target	151.05
Upside Target	152.00
Upside Target	155.00
Upside Target	155.15
Upside Target	162.60

Intraday share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Intraday Target	139.55
Downside Intraday Target	136.3
Upside Intraday Target	148.55
Upside Intraday Target	154.3
Upside Intraday Target	145.3

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	142.80	146.00	151.05	142.05	2.154 times
07 Fri Jun 2024	143.85	149.50	152.00	135.00	0.181 times
31 Fri May 2024	150.00	161.90	162.60	139.90	0.814 times
24 Fri May 2024	154.90	116.00	155.15	110.00	2.855 times
18 Sat May 2024	106.00	119.00	129.90	105.35	1.632 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
14 Fri Jun 2024	142.80	149.50	152.00	135.00	0.208 times
31 Fri May 2024	150.00	128.00	162.60	105.35	3.339 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

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 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 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 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 mid to longer 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.

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 but the sell signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 146.37 and Mcon Rasayan (MCON_SM) 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 Mcon Rasayan (MCON_SM) stock. Volume based technical analysis of Mcon Rasayan (MCON_SM) stock is negative.

Mcon Rasayan Stock has given negative 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.