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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 2024-10-23 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 11200

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	150.00	150.00	150.00	150.00	0.089 times
22 Tue Oct 2024	143.80	143.00	148.95	135.90	3.125 times
21 Mon Oct 2024	143.00	140.00	143.00	136.80	0.625 times
18 Fri Oct 2024	143.30	143.70	144.00	143.30	0.446 times
17 Thu Oct 2024	143.70	148.00	148.00	143.70	0.714 times
16 Wed Oct 2024	149.00	150.00	150.00	149.00	0.268 times
15 Tue Oct 2024	151.00	149.25	151.00	147.00	0.446 times
14 Mon Oct 2024	149.25	143.00	149.25	142.00	1.161 times
11 Fri Oct 2024	142.15	146.00	146.00	142.15	0.357 times
10 Thu Oct 2024	148.30	142.95	148.30	142.95	0.268 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 139.9 as stoploss in an intra day buy trade for a target of 171.44. However, stock will show a bearish move below 139.9.

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	142.00
Downside Target	150.00
Upside Target	162.60
Upside Target	191.05
Upside Target	196.00
Upside Target	196.50
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	140.6
Downside Intraday Target	131.2
Upside Intraday Target	154.7
Upside Intraday Target	159.4
Downside Intraday Target	145.3

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	150.00	140.00	150.00	135.90	1.265 times
18 Fri Oct 2024	143.30	143.00	151.00	142.00	0.642 times
11 Fri Oct 2024	142.15	196.00	196.00	142.15	0.273 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

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
23 Wed Oct 2024	150.00	150.00	151.00	135.90	0.38 times
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

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 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 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 SELL. Signal strength is Strong and stock is losing 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 145.31 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 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 positive

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