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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 2024-05-23 View latest technical analysis

10 day averaged volume of Precot Meridian is 2468

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	393.30	375.00	393.75	361.00	11.219 times
22 Wed May 2024	375.00	368.00	375.00	360.00	0.857 times
21 Tue May 2024	373.90	359.00	379.90	359.00	1.019 times
18 Sat May 2024	377.00	360.00	377.00	360.00	0.935 times
17 Fri May 2024	376.80	362.15	378.00	344.20	1.657 times
16 Thu May 2024	360.15	378.00	378.00	351.00	0.837 times
15 Wed May 2024	360.25	356.00	376.00	356.00	0.476 times
14 Tue May 2024	369.75	352.00	374.90	351.30	1.464 times
13 Mon May 2024	369.70	385.80	385.80	360.00	1.267 times
10 Fri May 2024	378.20	370.00	378.20	370.00	0.778 times

Stock of Precot Meridian (PRECOT_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 395.7 as stoploss in an intra day sell trade for a target of 381.18. However, stock will show a bullish move above 395.7.

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	344.20
Downside Target	357.00
Downside Target	369.10
Downside Target	382.00
Upside Target	393.75
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	370.28
Downside Intraday Target	347.27
Upside Intraday Target	405.03
Upside Intraday Target	416.77
Downside Intraday Target	382.02

Weekly technical analysis of Precot Meridian (PRECOT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	393.30	359.00	393.75	359.00	1.974 times
18 Sat May 2024	377.00	385.80	385.80	344.20	1.307 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

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 Precot Meridian (PRECOT_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Thu May 2024	393.30	400.00	400.00	344.20	0.417 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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

Precot Meridian 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Precot Meridian 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 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 383.66 and Precot Meridian (PRECOT_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 Precot Meridian (PRECOT_BE) stock. Volume based technical analysis of Precot Meridian (PRECOT_BE) stock is negative.

Precot Meridian 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.