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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 2024-10-24 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 8400

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	156.90	150.00	156.95	150.00	0.595 times
23 Wed Oct 2024	150.00	150.00	150.00	150.00	0.119 times
22 Tue Oct 2024	143.80	143.00	148.95	135.90	4.167 times
21 Mon Oct 2024	143.00	140.00	143.00	136.80	0.833 times
18 Fri Oct 2024	143.30	143.70	144.00	143.30	0.595 times
17 Thu Oct 2024	143.70	148.00	148.00	143.70	0.952 times
16 Wed Oct 2024	149.00	150.00	150.00	149.00	0.357 times
15 Tue Oct 2024	151.00	149.25	151.00	147.00	0.595 times
14 Mon Oct 2024	149.25	143.00	149.25	142.00	1.548 times
11 Fri Oct 2024	142.15	146.00	146.00	142.15	0.476 times

My analysis of stock is bearish for shortterm, and stock might move down till 139.1 or till 104.7. Use a stoploss of 167.83 and if the stock hits stoploss, then it can shoot up till 196.52

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	151.00
Upside Target	156.95
Upside Target	162.60
Upside 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	142.88
Downside Intraday Target	128.87
Upside Intraday Target	163.93
Upside Intraday Target	170.97
Downside Intraday Target	149.92

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	156.90	140.00	156.95	135.90	1.412 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
24 Thu Oct 2024	156.90	150.00	156.95	135.90	0.395 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mcon Rasayan ( (MCON_SM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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

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 145.88 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.