Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-05-16 View latest technical analysis

10 day averaged volume of Mitcon Con is 1795

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri May 2025	23.27	24.62	25.39	22.49	3.378 times
15 Thu May 2025	24.62	23.45	25.80	23.00	0.662 times
14 Wed May 2025	23.45	21.01	24.00	21.01	0.924 times
13 Tue May 2025	24.89	24.99	25.00	24.00	0.135 times
12 Mon May 2025	23.90	24.12	25.90	21.94	1.579 times
09 Fri May 2025	24.13	24.29	24.29	20.18	0.143 times
08 Thu May 2025	23.90	26.90	26.90	19.57	2.373 times
07 Wed May 2025	22.48	21.00	23.00	21.00	1.435 times
06 Tue May 2025	24.06	25.67	25.67	24.06	0.252 times
05 Mon May 2025	24.06	25.47	25.47	23.14	0.239 times

Stock of Mitcon Con (MITCONPP_E1) has showed a significant fall. This could be a good time to exit from this stock.

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 23.2 as stoploss in an intra day buy trade for a target of 24.03. However, stock will show a bearish move below 23.2.

Share price targets for Mitcon Con (MITCONPP_E1)

Target Type	Value
Downside Target	18.41
Downside Target	19.57
Downside Target	21.01
Downside Target	21.81
Downside Target	22.72
Upside Target	24.37
Upside Target	25.80
Upside Target	26.90
Upside Target	27.00
Upside Target	33.78
Upside Target	45.00
Upside Target	56.49
Upside Target	68.95

Intraday share price targets for Mitcon Con (MITCONPP_E1)

Target Type	Value
Downside Intraday Target	20.89
Downside Intraday Target	18.5
Upside Intraday Target	25.78
Upside Intraday Target	28.28
Upside Intraday Target	23.39

Weekly technical analysis of Mitcon Con (MITCONPP_E1)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri May 2025	23.27	24.12	25.90	21.01	1.503 times
09 Fri May 2025	24.13	25.47	26.90	19.57	1.412 times
02 Fri May 2025	24.42	25.79	25.80	22.00	1.249 times
25 Fri Apr 2025	24.26	22.52	25.90	21.81	0.437 times
17 Thu Apr 2025	23.10	19.86	24.37	18.41	0.221 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mitcon Con (MITCONPP_E1)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri May 2025	23.27	25.52	26.90	19.57	0.296 times
30 Wed Apr 2025	25.53	24.98	27.00	18.41	1.565 times
28 Fri Mar 2025	24.99	30.01	33.78	22.72	1.036 times
28 Fri Feb 2025	30.00	52.00	56.49	26.12	1.714 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 Mitcon Con (MITCONPP_E1)

Price action analysis of Mitcon Con ( (MITCONPP_E1) ) 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 Mitcon Con ( (MITCONPP_E1) ) based on a short 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.

Price action analysis of Mitcon Con ( (MITCONPP_E1) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY signal for Mitcon Con in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mitcon Con 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mitcon Con 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

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 23.55 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.