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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 25366

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 106.15 104.10 107.95 104.10 0.295 times
16 Thu May 2024 104.00 108.50 108.50 103.15 0.466 times
15 Wed May 2024 106.35 113.05 113.30 106.00 2.073 times
14 Tue May 2024 116.35 115.70 116.95 113.55 0.596 times
13 Mon May 2024 115.70 109.00 119.60 105.65 0.939 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 103.1, for a target of 111.5 or 118.44

Share price targets for Resonance (Resonance)

Target Type Value
Downside Target 88.60
Downside Target 92.00
Downside Target 96.00
Downside Target 102.25
Upside Target 109.20
Upside Target 114.30
Upside Target 119.60
Upside Target 127.60
Upside Target 127.90
Upside Target 128.00
Upside Target 132.00
Upside Target 133.45

Intraday share price targets for Resonance (Resonance)

Target Type Value
Downside Intraday Target 99.67
Downside Intraday Target 93.18
Upside Intraday Target 116.12
Upside Intraday Target 126.08
Upside Intraday Target 109.63

Weekly technical analysis of Resonance (Resonance)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 106.15 109.00 119.60 103.15 0.775 times
10 Fri May 2024 110.20 126.55 128.00 109.20 1.104 times
03 Fri May 2024 121.60 123.55 127.60 114.30 0.663 times
26 Fri Apr 2024 122.27 128.00 132.00 121.60 0.629 times
19 Fri Apr 2024 125.22 111.20 127.90 109.99 1.824 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
17 Fri May 2024 106.15 116.25 128.00 103.15 0.505 times
30 Tue Apr 2024 119.69 94.00 132.00 92.00 3.284 times
28 Thu Mar 2024 90.20 109.85 115.40 88.60 0.702 times
29 Thu Feb 2024 106.65 111.70 116.80 96.00 0.451 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 8, 32, 59 Sell
MACD 0, 3Sell
Stochastics 6Sell
CCI -105Buy
RSI 50Sell
OBV 117889Sell
VWAP 115Sell
ADL 0Sell
ROC -13Sell
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 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 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

ADX buy sell signal for Resonance stock for short term is SELL. Signal strength is Strong and stock is gaining 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 moving up

CCI has generated a buy signal for Resonance in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Resonance is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 115.33 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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Click here for further forecast and predictions for tomorrow

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