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(MITCONPP_E1) Mitcon Con complete technical analysis [charts+indicators] | Buy/Sell Mitcon Con | (MITCONPP_E1) share price targets

Complete technical analysis of Mitcon Con (MITCONPP_E1) by charts plus indicators, forecast predictions and share price targets for Mitcon Con (MITCONPP_E1)

Showing technical analysis as on 2024-12-03 View latest technical analysis

10 day averaged volume of Mitcon Con is 3787

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	61.15	60.86	64.00	56.00	0.234 times
02 Mon Dec 2024	58.54	64.99	64.99	56.14	1.031 times
29 Fri Nov 2024	54.48	63.50	68.99	53.05	0.592 times
28 Thu Nov 2024	63.36	48.00	64.34	48.00	2.799 times
27 Wed Nov 2024	60.01	65.00	66.27	54.30	1.807 times
26 Tue Nov 2024	66.28	74.98	74.98	66.28	0.029 times
25 Mon Nov 2024	68.99	76.94	76.94	64.35	0.115 times
22 Fri Nov 2024	66.23	67.09	79.98	61.00	2.914 times
21 Thu Nov 2024	68.81	70.59	72.89	64.06	0.119 times
19 Tue Nov 2024	73.97	86.29	86.29	66.02	0.114 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62, but if it comes above 62, then a intra day buy could be more profitable.
If you take a sell trade below 62, then use 62 as stoploss and 55.7 as target. However if you take a buy trade in stock , then use 62 as stoploss and 67.25 as target.

Share price targets for Mitcon Con (MITCONPP_E1)

Target Type	Value
Downside Target	48.00
Downside Target	56.00
Downside Target	58.00
Downside Target	61.00
Upside Target	64.99
Upside Target	70.00
Upside Target	73.10
Upside Target	76.94
Upside Target	79.83
Upside Target	80.95
Upside Target	81.00
Upside Target	86.29
Upside Target	88.62

Intraday share price targets for Mitcon Con (MITCONPP_E1)

Target Type	Value
Downside Intraday Target	56.44
Downside Intraday Target	51.72
Upside Intraday Target	65.43
Upside Intraday Target	69.7
Downside Intraday Target	60.71

Weekly technical analysis of Mitcon Con (MITCONPP_E1)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	61.15	64.99	64.99	56.00	0.237 times
29 Fri Nov 2024	54.48	76.94	76.94	48.00	1.472 times
22 Fri Nov 2024	66.23	66.00	86.29	61.00	6.707 times
14 Thu Nov 2024	67.32	75.00	79.83	65.20	0.427 times
08 Fri Nov 2024	68.40	69.00	79.99	58.00	2.594 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 Mitcon Con (MITCONPP_E1)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	61.15	64.99	64.99	56.00	0.116 times
29 Fri Nov 2024	54.48	80.49	86.29	48.00	3.693 times
31 Thu Oct 2024	67.08	81.00	88.62	58.03	0.377 times
30 Mon Sep 2024	78.50	78.00	80.95	73.10	0.319 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 Mitcon Con (MITCONPP_E1)

Price action analysis of Mitcon Con ( (MITCONPP_E1) ) 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 Mitcon Con ( (MITCONPP_E1) ) 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 Mitcon Con ( (MITCONPP_E1) ) 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 Mitcon Con ( (MITCONPP_E1) ) based on a mid to longer 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.

ADX buy sell signal for Mitcon Con stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mitcon Con 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.

Mitcon Con 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mitcon Con in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Mitcon Con is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 62.76 and Mitcon Con (MITCONPP_E1) 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 Mitcon Con (MITCONPP_E1) stock. Volume based technical analysis of Mitcon Con (MITCONPP_E1) stock is negative.

Mitcon Con Stock has given negative 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.