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(PRECOT_BE) Precot Meridian complete technical analysis [charts+indicators] | Buy/Sell Precot Meridian | (PRECOT_BE) share price targets

Complete technical analysis of Precot Meridian (PRECOT_BE) by charts plus indicators, forecast predictions and share price targets for Precot Meridian (PRECOT_BE)

Showing technical analysis as on 2024-05-16 View latest technical analysis

10 day averaged volume of Precot Meridian is 2998

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	360.15	378.00	378.00	351.00	0.689 times
15 Wed May 2024	360.25	356.00	376.00	356.00	0.392 times
14 Tue May 2024	369.75	352.00	374.90	351.30	1.205 times
13 Mon May 2024	369.70	385.80	385.80	360.00	1.043 times
10 Fri May 2024	378.20	370.00	378.20	370.00	0.64 times
09 Thu May 2024	370.80	375.00	375.00	370.80	0.584 times
08 Wed May 2024	375.00	377.40	377.40	370.00	0.353 times
07 Tue May 2024	370.00	369.10	376.55	369.10	0.88 times
06 Mon May 2024	376.55	382.00	382.00	376.55	1.722 times
03 Fri May 2024	384.20	390.00	390.00	384.20	1.357 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 367.8, but if it comes above 367.8, then a intra day buy could be more profitable.
If you take a sell trade below 367.8, then use 367.8 as stoploss and 349.6 as target. However if you take a buy trade in stock , then use 367.8 as stoploss and 382.95 as target.

Share price targets for Precot Meridian (PRECOT_BE)

Target Type	Value
Downside Target	80.00
Downside Target	82.20
Downside Target	95.00
Downside Target	270.75
Downside Target	314.60
Downside Target	350.50
Upside Target	369.10
Upside Target	378.75
Upside Target	386.30
Upside Target	388.00
Upside Target	400.00
Upside Target	409.95
Upside Target	417.00

Intraday share price targets for Precot Meridian (PRECOT_BE)

Target Type	Value
Downside Intraday Target	345.5
Downside Intraday Target	330.85
Upside Intraday Target	380.3
Upside Intraday Target	400.45
Upside Intraday Target	365.65

Weekly technical analysis of Precot Meridian (PRECOT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	360.15	385.80	385.80	351.00	0.796 times
10 Fri May 2024	378.20	382.00	382.00	369.10	0.656 times
03 Fri May 2024	384.20	402.00	409.95	384.20	0.314 times
26 Fri Apr 2024	409.95	386.30	417.00	386.30	0.902 times
19 Fri Apr 2024	378.75	350.50	378.75	350.50	4.297 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 Precot Meridian (PRECOT_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu May 2024	360.15	400.00	400.00	351.00	0.189 times
30 Tue Apr 2024	400.00	321.00	417.00	314.60	2.256 times
28 Thu Mar 2024	321.00	355.65	357.00	270.75	1.191 times
29 Thu Feb 2024	348.65	86.20	388.00	82.20	0.414 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 Precot Meridian (PRECOT_BE)

Price action analysis of Precot Meridian ( (PRECOT_BE) ) 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 Precot Meridian ( (PRECOT_BE) ) 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 Precot Meridian ( (PRECOT_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 Precot Meridian stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Precot Meridian in short term but the sell signal is initial and weak.

Precot Meridian Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Precot Meridian in short term and SELL 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 Precot Meridian is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 373.02 and Precot Meridian (PRECOT_BE) 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 Precot Meridian (PRECOT_BE) stock. Volume based technical analysis of Precot Meridian (PRECOT_BE) stock is negative.

Precot Meridian Stock has given negative 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.