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

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

10 day averaged volume of Resonance is 14406

Date Daily Closing Price Open High Low Volume
20 Fri Sep 2024 101.25 101.50 104.55 100.30 0.484 times
19 Thu Sep 2024 101.85 104.00 104.00 101.00 0.436 times
18 Wed Sep 2024 102.85 104.00 105.90 102.00 0.255 times
17 Tue Sep 2024 103.55 104.00 105.25 101.10 0.594 times
16 Mon Sep 2024 105.00 108.20 108.95 104.00 0.354 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 102, but if it comes above 102, then a intra day buy could be more profitable.
If you take a sell trade below 102, then use 102 as stoploss and 99.2 as target. However if you take a buy trade in stock , then use 102 as stoploss and 104.3 as target.

Share price targets for Resonance (Resonance)

Target Type Value
Downside Target 92.10
Downside Target 95.00
Downside Target 99.30
Upside Target 103.05
Upside Target 106.00
Upside Target 108.95
Upside Target 110.00
Upside Target 110.90
Upside Target 112.05
Upside Target 116.00
Upside Target 128.00

Intraday share price targets for Resonance (Resonance)

Target Type Value
Downside Intraday Target 98.05
Downside Intraday Target 94.85
Upside Intraday Target 106.7
Upside Intraday Target 112.15
Upside Intraday Target 103.5

Weekly technical analysis of Resonance (Resonance)

Date Weekly Closing Price Open High Low Volume
20 Fri Sep 2024 101.25 108.20 108.95 100.30 0.269 times
13 Fri Sep 2024 105.05 105.50 112.05 100.40 2.335 times
06 Fri Sep 2024 105.00 106.50 107.85 99.30 0.765 times
30 Fri Aug 2024 104.80 108.15 110.00 103.05 0.921 times
23 Fri Aug 2024 106.00 98.00 108.90 97.00 3.847 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 Resonance (Resonance)

Date Monthly Closing Price Open High Low Volume
20 Fri Sep 2024 101.25 106.50 112.05 99.30 0.711 times
30 Fri Aug 2024 104.80 101.35 110.90 96.20 1.42 times
31 Wed Jul 2024 101.35 100.05 106.00 96.50 0.908 times
28 Fri Jun 2024 101.77 104.60 116.00 92.10 0.456 times

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 Resonance (Resonance)

Indicator Name Indicator Value Indicator Signal
ADX 17, 15, 7 Buy
MACD 0, 1Sell
Stochastics 14Sell
CCI -72Sell
RSI 62Buy
OBV 74700Sell
VWAP 107Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Resonance ( (Resonance) ) 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 Resonance ( (Resonance) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Resonance ( (Resonance) ) 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 Resonance ( (Resonance) ) 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 Resonance stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Resonance 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 Resonance in short term and SELL 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 Resonance is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 106.54 and Resonance (Resonance) 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 Resonance (Resonance) stock. Volume based technical analysis of Resonance (Resonance) stock is negative.

Resonance 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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