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

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

10 day averaged volume of Ducon is 65766

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 7.49 7.21 7.49 7.21 1.962 times
29 Mon Apr 2024 7.35 7.35 7.35 7.35 1.602 times
26 Fri Apr 2024 7.50 7.50 7.50 7.50 0.728 times
25 Thu Apr 2024 7.65 7.80 7.80 7.65 0.423 times
24 Wed Apr 2024 7.80 7.61 7.89 7.61 1.174 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.6, but if it comes above 7.6, then a intra day buy could be more profitable.
If you take a sell trade below 7.6, then use 7.6 as stoploss and 7.2 as target. However if you take a buy trade in stock , then use 7.6 as stoploss and 8.01 as target.

Share price targets for Ducon (Ducon)

Target Type Value
Downside Target 7.13
Downside Target 7.49
Upside Target 7.90
Upside Target 8.24
Upside Target 8.66
Upside Target 8.79
Upside Target 9.12
Upside Target 9.72
Upside Target 10.74
Upside Target 10.92
Upside Target 12.57
Upside Target 12.92

Intraday share price targets for Ducon (Ducon)

Target Type Value
Downside Intraday Target 7.3
Downside Intraday Target 7.12
Upside Intraday Target 7.58
Upside Intraday Target 7.68
Downside Intraday Target 7.4

Weekly technical analysis of Ducon (Ducon)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 7.49 7.35 7.49 7.21 0.828 times
26 Fri Apr 2024 7.50 7.90 7.90 7.50 1.799 times
19 Fri Apr 2024 8.05 8.23 8.24 7.93 0.658 times
12 Fri Apr 2024 8.39 8.39 8.79 8.25 0.185 times
05 Fri Apr 2024 8.39 7.13 8.66 7.13 1.609 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 Ducon (Ducon)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 7.49 7.13 8.79 7.13 0.834 times
28 Thu Mar 2024 7.14 10.50 10.92 7.14 0.797 times
29 Thu Feb 2024 10.30 10.85 12.57 9.72 0.33 times
31 Wed Jan 2024 10.64 9.25 12.92 9.12 1.269 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 Ducon (Ducon)

Indicator Name Indicator Value Indicator Signal
ADX 27, 35, 13 Sell
MACD -1, -1Sell
Stochastics 9Sell
CCI -109Buy
RSI 58Buy
OBV 639718Sell
VWAP 8Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

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

MACD generated a SELL signal for Ducon in short term and the sell signal is strong.

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

Ducon 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 red color and prices are in or above the red cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing 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 Ducon is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.7 and Ducon (Ducon) 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 Ducon (Ducon) stock. Volume based technical analysis of Ducon (Ducon) stock is negative.

Ducon 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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Click here for further forecast and predictions for tomorrow

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