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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 2024-08-08 View latest technical analysis

10 day averaged volume of Precot Meridian is 3679

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	534.75	528.00	536.00	502.50	1.394 times
07 Wed Aug 2024	519.35	520.05	537.00	495.20	2.368 times
06 Tue Aug 2024	513.05	490.00	513.65	488.70	3.631 times
05 Mon Aug 2024	489.20	491.45	491.45	469.00	0.914 times
02 Fri Aug 2024	491.45	486.00	503.50	486.00	0.931 times
01 Thu Aug 2024	486.10	494.00	505.00	486.00	0.631 times
31 Wed Jul 2024	490.00	492.00	500.00	488.05	0.447 times
30 Tue Jul 2024	488.05	496.00	505.00	485.00	0.19 times
29 Mon Jul 2024	493.25	489.00	505.00	482.00	0.421 times
26 Fri Jul 2024	484.40	490.00	491.00	481.00	0.273 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 522, but if it comes below 522, then a intra day sell could be more profitable.
If you take a sell trade below 522, then use 522 as stoploss and 478.17 as target. However if you take a buy trade in stock , then use 522 as stoploss and 574.5 as target.

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
Downside Target	519.85
Upside Target	537.00

Intraday share price targets for Precot Meridian (PRECOT_BE)

Target Type	Value
Downside Intraday Target	490.17
Downside Intraday Target	445.58
Upside Intraday Target	558.17
Upside Intraday Target	581.58
Downside Intraday Target	513.58

Weekly technical analysis of Precot Meridian (PRECOT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	534.75	491.45	537.00	469.00	3.171 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
08 Thu Aug 2024	534.75	494.00	537.00	469.00	1.01 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 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 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 losing momentum.

MACD generated a BUY signal for Precot Meridian 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.

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

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 509.04 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.