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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 2024-12-09 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 86400

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	153.95	154.00	159.75	150.50	0.544 times
06 Fri Dec 2024	156.20	156.00	156.95	155.10	0.058 times
05 Thu Dec 2024	159.35	158.00	159.90	155.50	0.637 times
04 Wed Dec 2024	158.00	157.75	158.00	157.65	0.208 times
03 Tue Dec 2024	156.40	151.10	157.30	151.00	0.509 times
02 Mon Dec 2024	150.75	153.00	153.00	150.00	0.532 times
29 Fri Nov 2024	150.35	155.00	161.50	150.00	2.986 times
28 Thu Nov 2024	154.95	153.90	157.90	150.65	0.139 times
27 Wed Nov 2024	152.25	150.00	154.00	146.25	0.336 times
26 Tue Nov 2024	149.10	154.00	159.40	145.20	1.458 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 149.6 as stoploss in an intra day buy trade for a target of 167.97. However, stock will show a bearish move below 149.6.

Share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Target	135.00
Downside Target	145.20
Downside Target	150.00
Upside Target	158.35
Upside Target	164.40
Upside Target	184.60
Upside Target	190.00
Upside Target	191.05
Upside Target	201.10
Upside Target	210.00
Upside Target	244.35

Intraday share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Intraday Target	149.72
Downside Intraday Target	145.48
Upside Intraday Target	158.97
Upside Intraday Target	163.98
Upside Intraday Target	154.73

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	153.95	154.00	159.75	150.50	0.28 times
06 Fri Dec 2024	156.20	153.00	159.90	150.00	0.241 times
29 Fri Nov 2024	150.35	155.00	165.95	145.20	11.048 times
22 Fri Nov 2024	158.35	184.60	184.60	158.35	1.05 times
14 Thu Nov 2024	194.30	192.00	210.00	190.00	0.441 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
09 Mon Dec 2024	153.95	153.00	159.90	150.00	0.224 times
29 Fri Nov 2024	150.35	172.50	210.00	145.20	5.581 times
31 Thu Oct 2024	164.35	150.00	164.40	135.90	0.518 times
15 Mon Jul 2024	191.05	211.15	244.35	191.05	0.938 times

Scroll below to view daily charts

Price has moved up 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 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 Weak and stock is gaining momentum.

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

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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mcon Rasayan in short term but SELL signal is weak.

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 152.02 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 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

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