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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 2024-08-06 View latest technical analysis

10 day averaged volume of Precot Meridian is 2457

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	513.05	490.00	513.65	488.70	5.437 times
05 Mon Aug 2024	489.20	491.45	491.45	469.00	1.368 times
02 Fri Aug 2024	491.45	486.00	503.50	486.00	1.394 times
01 Thu Aug 2024	486.10	494.00	505.00	486.00	0.945 times
31 Wed Jul 2024	490.00	492.00	500.00	488.05	0.669 times
30 Tue Jul 2024	488.05	496.00	505.00	485.00	0.284 times
29 Mon Jul 2024	493.25	489.00	505.00	482.00	0.631 times
26 Fri Jul 2024	484.40	490.00	491.00	481.00	0.409 times
25 Thu Jul 2024	487.60	498.00	498.00	480.20	0.288 times
24 Wed Jul 2024	498.70	490.00	500.00	485.20	1.197 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 513.3 as stoploss in an intra day sell trade for a target of 462.61. However, stock will show a bullish move above 513.3.

Share price targets for Precot Meridian (PRECOT_BE)

Target Type	Value
Downside Target	270.75
Downside Target	314.60
Downside Target	344.20
Downside Target	355.60
Downside Target	396.05
Downside Target	417.00
Downside Target	467.35
Downside Target	482.00
Downside Target	504.00
Downside Target	505.00
Upside Target	513.65
Upside Target	519.85

Intraday share price targets for Precot Meridian (PRECOT_BE)

Target Type	Value
Downside Intraday Target	483.48
Downside Intraday Target	453.92
Upside Intraday Target	528.13
Upside Intraday Target	543.22
Downside Intraday Target	498.57

Weekly technical analysis of Precot Meridian (PRECOT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	513.05	491.45	513.65	469.00	1.735 times
02 Fri Aug 2024	491.45	489.00	505.00	482.00	0.507 times
26 Fri Jul 2024	484.40	470.75	504.00	467.35	1.457 times
19 Fri Jul 2024	480.70	481.15	519.85	467.40	0.276 times
31 Fri May 2024	379.00	374.30	396.05	355.60	0.939 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
06 Tue Aug 2024	513.05	494.00	513.65	469.00	0.625 times
31 Wed Jul 2024	490.00	481.15	519.85	467.35	0.264 times
31 Fri May 2024	379.00	400.00	400.00	344.20	0.801 times
30 Tue Apr 2024	400.00	321.00	417.00	314.60	2.256 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 Precot Meridian (PRECOT_BE)

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

Price action analysis of Precot Meridian ( (PRECOT_BE) ) based on a mid to longer 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.

ADX buy sell signal for Precot Meridian stock for short term is BUY. 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.

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 500.42 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.