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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 2024-08-30 View latest technical analysis

10 day averaged volume of Precot Meridian is 6167

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	472.40	478.00	478.00	462.00	0.65 times
29 Thu Aug 2024	483.50	487.00	491.00	470.00	0.75 times
28 Wed Aug 2024	487.00	474.00	488.75	474.00	0.116 times
27 Tue Aug 2024	487.80	498.00	498.00	475.00	0.386 times
26 Mon Aug 2024	485.70	500.00	500.00	467.55	1.463 times
23 Fri Aug 2024	484.40	491.00	497.05	482.10	0.327 times
22 Thu Aug 2024	491.00	491.00	495.00	475.00	0.67 times
21 Wed Aug 2024	491.40	498.00	499.95	481.90	2.878 times
20 Tue Aug 2024	497.85	494.75	499.80	480.00	0.547 times
19 Mon Aug 2024	494.75	477.00	501.55	477.00	0.586 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 483.5, but if it comes above 483.5, then a intra day buy could be more profitable.
If you take a sell trade below 483.5, then use 483.5 as stoploss and 462.9 as target. However if you take a buy trade in stock , then use 483.5 as stoploss and 500.58 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	357.00
Downside Target	400.00
Downside Target	417.00
Downside Target	462.00
Upside Target	499.10
Upside Target	501.55
Upside Target	505.00
Upside Target	519.85
Upside Target	537.00
Upside Target	547.00

Intraday share price targets for Precot Meridian (PRECOT_BE)

Target Type	Value
Downside Intraday Target	456.27
Downside Intraday Target	440.13
Upside Intraday Target	494.27
Upside Intraday Target	516.13
Upside Intraday Target	478.13

Weekly technical analysis of Precot Meridian (PRECOT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	472.40	500.00	500.00	462.00	0.672 times
23 Fri Aug 2024	484.40	477.00	501.55	475.00	0.861 times
16 Fri Aug 2024	501.55	501.00	547.00	499.10	1.099 times
09 Fri Aug 2024	518.10	491.45	537.00	469.00	3.389 times
02 Fri Aug 2024	491.45	489.00	505.00	482.00	0.507 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
30 Fri Aug 2024	472.40	494.00	547.00	462.00	3.504 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 down this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.

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 but buying is losing 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 488.35 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.