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

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

10 day averaged volume of Mitcon Con is 7195

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	128.00	129.85	129.85	125.00	1.785 times
25 Thu Apr 2024	124.10	119.55	124.45	118.05	3.383 times
24 Wed Apr 2024	118.55	118.00	119.90	117.00	0.686 times
23 Tue Apr 2024	119.90	118.00	120.90	117.00	1.056 times
22 Mon Apr 2024	118.90	115.00	119.55	115.00	0.408 times
19 Fri Apr 2024	117.50	115.30	118.00	113.00	0.398 times
18 Thu Apr 2024	115.30	119.95	120.00	114.00	1.062 times
16 Tue Apr 2024	116.35	117.80	117.85	112.05	0.588 times
15 Mon Apr 2024	117.85	118.75	119.00	112.85	0.825 times
12 Fri Apr 2024	118.75	120.00	121.90	117.50	1.034 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 129.6, for a target of 124.4 or 120.02

Share price targets for Mitcon Con (MITCON_BE)

Target Type	Value
Downside Target	62.10
Downside Target	65.60
Downside Target	101.45
Downside Target	108.10
Downside Target	112.05
Downside Target	115.00
Downside Target	117.50
Downside Target	120.00
Downside Target	122.75
Downside Target	126.10
Upside Target	129.85
Upside Target	134.95
Upside Target	153.50
Upside Target	161.15

Intraday share price targets for Mitcon Con (MITCON_BE)

Target Type	Value
Downside Intraday Target	118.72
Downside Intraday Target	109.43
Upside Intraday Target	133.57
Upside Intraday Target	139.13
Downside Intraday Target	124.28

Weekly technical analysis of Mitcon Con (MITCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	128.00	115.00	129.85	115.00	2.547 times
19 Fri Apr 2024	117.50	118.75	120.00	112.05	0.912 times
12 Fri Apr 2024	118.75	122.60	126.50	117.50	0.884 times
05 Fri Apr 2024	122.60	112.55	127.85	112.55	0.689 times
28 Thu Mar 2024	112.55	120.90	122.75	108.10	0.857 times

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

Monthly technical analysis of Mitcon Con (MITCON_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	128.00	112.55	129.85	112.05	0.56 times
28 Thu Mar 2024	112.55	132.05	134.95	101.45	0.491 times
29 Thu Feb 2024	129.45	161.15	161.15	127.00	2.25 times
31 Wed Jan 2024	153.50	131.35	153.50	126.10	3.452 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 (MITCON_BE)

Price action analysis of Mitcon Con ( (MITCON_BE) ) 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 ( (MITCON_BE) ) based on a short to mid 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 Mitcon Con ( (MITCON_BE) ) 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mitcon Con in short term and the buy 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 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mitcon Con in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Mitcon Con is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 121.37 and Mitcon Con (MITCON_BE) 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 Mitcon Con (MITCON_BE) stock. Volume based technical analysis of Mitcon Con (MITCON_BE) stock is negative.

Mitcon Con 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.