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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 2024-07-15 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 32800

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	191.05	196.00	196.00	191.05	0.122 times
12 Fri Jul 2024	201.10	216.60	216.60	201.10	1.372 times
11 Thu Jul 2024	211.65	205.00	213.50	200.10	1.067 times
10 Wed Jul 2024	204.50	201.35	206.00	199.50	1.555 times
09 Tue Jul 2024	210.00	196.50	210.00	196.50	1.738 times
08 Mon Jul 2024	206.85	206.90	208.00	206.85	0.183 times
05 Fri Jul 2024	217.70	224.00	224.95	217.70	0.762 times
04 Thu Jul 2024	229.15	244.35	244.35	223.25	1.22 times
03 Wed Jul 2024	232.75	232.75	232.75	210.65	1.799 times
02 Tue Jul 2024	221.70	221.70	221.70	221.70	0.061 times

My analysis of stock is bearish for shortterm, and stock might move down till 163.9 or till 130.2. Use a stoploss of 191.96 and if the stock hits stoploss, then it can shoot up till 220.03

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	146.00
Downside Target	157.70
Downside Target	191.05
Upside Target	196.00
Upside 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	189.4
Downside Intraday Target	187.75
Upside Intraday Target	194.35
Upside Intraday Target	197.65
Upside Intraday Target	192.7

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	191.05	196.00	196.00	191.05	0.021 times
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

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
15 Mon Jul 2024	191.05	211.15	244.35	191.05	0.938 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 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 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 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 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 losing momentum.

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

Mcon Rasayan Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below 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 214.96 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.