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(MewatZinc) Mewat Zinc complete technical analysis [charts+indicators] | Buy/Sell Mewat Zinc | (MewatZinc) share price targets

Complete technical analysis of Mewat Zinc (MewatZinc) by charts plus indicators, forecast predictions and share price targets for Mewat Zinc (MewatZinc)

10 day averaged volume of Mewat Zinc is 445

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 164.80 164.85 164.90 164.80 1.515 times
20 Mon May 2024 168.10 166.35 168.10 166.35 0.404 times
17 Fri May 2024 169.70 169.70 169.70 169.70 0.488 times
16 Thu May 2024 173.15 177.00 177.00 173.15 0.191 times
15 Wed May 2024 176.65 180.25 180.25 176.65 0.578 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 163.4 as stoploss in an intra day buy trade for a target of 171.68. However, stock will show a bearish move below 163.4.

Share price targets for Mewat Zinc (MewatZinc)

Target Type Value
Downside Target 65.94
Downside Target 118.79
Downside Target 155.15
Downside Target 160.65
Downside Target 164.25
Upside Target 170.75
Upside Target 174.15
Upside Target 175.10
Upside Target 184.05
Upside Target 187.65
Upside Target 200.70

Intraday share price targets for Mewat Zinc (MewatZinc)

Target Type Value
Downside Intraday Target 163.7
Downside Intraday Target 162.6
Upside Intraday Target 167
Upside Intraday Target 169.2
Upside Intraday Target 165.9

Weekly technical analysis of Mewat Zinc (MewatZinc)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 164.80 166.35 168.10 164.80 0.789 times
17 Fri May 2024 169.70 184.05 184.05 169.70 0.364 times
10 Fri May 2024 187.65 174.15 187.65 174.15 1.495 times
03 Fri May 2024 170.75 160.65 170.75 160.65 0.574 times
26 Fri Apr 2024 160.65 160.00 167.70 155.15 1.83 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 Mewat Zinc (MewatZinc)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 164.80 167.45 187.65 164.80 0.206 times
30 Tue Apr 2024 164.20 164.25 167.70 121.85 2.301 times
28 Thu Mar 2024 164.25 178.60 200.70 164.25 2.008 times
29 Thu Feb 2024 175.10 121.15 175.10 121.15 2.16 times

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 Mewat Zinc (MewatZinc)

Indicator Name Indicator Value Indicator Signal
ADX 32, 51, 24 Sell
MACD 9, 11Sell
Stochastics 3Sell
CCI -128Sell
RSI 53Buy
OBV 4842Sell
VWAP 179Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Mewat Zinc ( (MewatZinc) ) 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 Mewat Zinc ( (MewatZinc) ) 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 Mewat Zinc ( (MewatZinc) ) 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 Mewat Zinc ( (MewatZinc) ) 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 Mewat Zinc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Mewat Zinc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mewat Zinc 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 Mewat Zinc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 178.93 and Mewat Zinc (MewatZinc) 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 Mewat Zinc (MewatZinc) stock. Volume based technical analysis of Mewat Zinc (MewatZinc) stock is negative.

Mewat Zinc 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.

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