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

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

10 day averaged volume of Menamani is 9575

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 7.69 7.69 7.69 7.69 0.177 times
15 Wed May 2024 7.84 8.00 8.00 7.84 0.759 times
14 Tue May 2024 8.00 8.00 8.00 8.00 0.209 times
13 Mon May 2024 8.00 8.14 8.14 8.00 3.358 times
10 Fri May 2024 7.99 7.99 7.99 7.99 0.249 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 7.6 as stoploss in an intra day buy trade for a target of 8.05. However, stock will show a bearish move below 7.6.

Share price targets for Menamani (Menamani)

Target Type Value
Downside Target 7.26
Downside Target 7.55
Upside Target 7.93
Upside Target 8.48
Upside Target 8.75
Upside Target 9.25
Upside Target 9.46
Upside Target 9.69
Upside Target 10.39
Upside Target 11.74
Upside Target 12.36
Upside Target 13.00

Intraday share price targets for Menamani (Menamani)

Target Type Value
Downside Intraday Target 7.54
Downside Intraday Target 7.39
Upside Intraday Target 7.99
Upside Intraday Target 8.29
Upside Intraday Target 7.84

Weekly technical analysis of Menamani (Menamani)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 7.69 8.14 8.14 7.69 1.034 times
10 Fri May 2024 7.99 7.55 7.99 7.26 0.685 times
03 Fri May 2024 7.55 7.93 7.93 7.55 3.236 times
26 Fri Apr 2024 8.09 8.75 8.75 8.09 3.167 times
19 Fri Apr 2024 8.92 9.46 9.46 8.92 0.144 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 Menamani (Menamani)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 7.69 7.93 8.14 7.26 0.571 times
30 Tue Apr 2024 7.78 8.31 10.39 7.66 4.768 times
28 Thu Mar 2024 8.48 11.74 11.74 8.48 0.09 times
29 Thu Feb 2024 11.97 10.76 13.00 9.69 0.847 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 Menamani (Menamani)

Indicator Name Indicator Value Indicator Signal
ADX 33, 56, 25 Sell
MACD -1, -1Buy
Stochastics 66None
CCI -24Sell
RSI 60Buy
OBV -30595Sell
VWAP 8Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Menamani ( (Menamani) ) based on a short term time period is

Price action analysis of Menamani ( (Menamani) ) 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 Menamani ( (Menamani) ) 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 Menamani ( (Menamani) ) based on a mid to longer term time period is

ADX buy sell signal for Menamani stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Menamani in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Menamani Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 Menamani 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 negative zone. This is the SELL zone

Stock of Menamani is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.78 and Menamani (Menamani) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Menamani (Menamani) stock. Volume based technical analysis of Menamani (Menamani) stock is negative.

Menamani 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.

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