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 2024-07-12 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 34000

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	201.10	216.60	216.60	201.10	1.324 times
11 Thu Jul 2024	211.65	205.00	213.50	200.10	1.029 times
10 Wed Jul 2024	204.50	201.35	206.00	199.50	1.5 times
09 Tue Jul 2024	210.00	196.50	210.00	196.50	1.676 times
08 Mon Jul 2024	206.85	206.90	208.00	206.85	0.176 times
05 Fri Jul 2024	217.70	224.00	224.95	217.70	0.735 times
04 Thu Jul 2024	229.15	244.35	244.35	223.25	1.176 times
03 Wed Jul 2024	232.75	232.75	232.75	210.65	1.735 times
02 Tue Jul 2024	221.70	221.70	221.70	221.70	0.059 times
01 Mon Jul 2024	211.15	211.15	211.15	211.15	0.235 times

My analysis of stock is bullish for shortterm, and stock might move up till 219.6 or till 255.6. Use a stoploss of 189.55 and if this stock hits its stoploss, then it can fall down till 159.51

Share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Target	105.35
Downside Target	115.00
Downside Target	135.00
Downside Target	138.50
Downside Target	142.05
Downside Target	146.00
Downside Target	151.05
Downside Target	157.70
Downside Target	196.50
Downside Target	201.10
Upside Target	210.65
Upside Target	216.60
Upside Target	244.35

Intraday share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Intraday Target	192.87
Downside Intraday Target	184.63
Upside Intraday Target	212.97
Upside Intraday Target	224.83
Upside Intraday Target	204.73

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	201.10	206.90	216.60	196.50	1.448 times
05 Fri Jul 2024	217.70	211.15	244.35	210.65	1.117 times
28 Fri Jun 2024	201.10	160.00	201.10	160.00	0.789 times
21 Fri Jun 2024	157.70	148.45	157.70	135.70	2.714 times
14 Fri Jun 2024	142.80	146.00	151.05	142.05	2.154 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 Mcon Rasayan (MCON_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	201.10	211.15	244.35	196.50	0.927 times
28 Fri Jun 2024	201.10	149.50	201.10	135.00	0.898 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

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 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 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 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 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 Strong 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. Bears are getting stronger in this stock.

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 215.16 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 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.