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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 2024-05-24 View latest technical analysis

10 day averaged volume of Precot Meridian is 5062

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	374.30	377.00	383.80	373.65	3.57 times
23 Thu May 2024	393.30	375.00	393.75	361.00	5.47 times
22 Wed May 2024	375.00	368.00	375.00	360.00	0.418 times
21 Tue May 2024	373.90	359.00	379.90	359.00	0.497 times
18 Sat May 2024	377.00	360.00	377.00	360.00	0.456 times
17 Fri May 2024	376.80	362.15	378.00	344.20	0.808 times
16 Thu May 2024	360.15	378.00	378.00	351.00	0.408 times
15 Wed May 2024	360.25	356.00	376.00	356.00	0.232 times
14 Tue May 2024	369.75	352.00	374.90	351.30	0.714 times
13 Mon May 2024	369.70	385.80	385.80	360.00	0.618 times

Stock of Precot Meridian (PRECOT_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 366.3 or till 350.6. Use a stoploss of 379.44 and if the stock hits stoploss, then it can shoot up till 392.57

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
Upside 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	357.62
Downside Intraday Target	340.93
Upside Intraday Target	392.37
Upside Intraday Target	410.43
Upside Intraday Target	375.68

Weekly technical analysis of Precot Meridian (PRECOT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	374.30	359.00	393.75	359.00	3.077 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 down 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
24 Fri May 2024	374.30	400.00	400.00	344.20	0.523 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 Precot Meridian is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 381.29 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.