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

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

10 day averaged volume of Chemcon is 6130

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 250.50 253.20 254.80 249.00 1.204 times
06 Mon May 2024 253.20 258.35 258.35 251.00 0.433 times
03 Fri May 2024 252.35 258.20 259.05 250.45 1.673 times
02 Thu May 2024 256.20 259.00 259.00 254.80 0.784 times
30 Tue Apr 2024 257.40 260.50 261.20 256.10 1.238 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 252.2, but if it comes above 252.2, then a intra day buy could be more profitable.
If you take a sell trade below 252.2, then use 252.2 as stoploss and 247.1 as target. However if you take a buy trade in stock , then use 252.2 as stoploss and 256.43 as target.

Share price targets for Chemcon (Chemcon)

Target Type Value
Downside Target 230.00
Downside Target 246.00
Upside Target 257.65
Upside Target 264.95
Upside Target 269.10
Upside Target 269.85
Upside Target 270.10
Upside Target 281.40
Upside Target 286.45
Upside Target 306.95

Intraday share price targets for Chemcon (Chemcon)

Target Type Value
Downside Intraday Target 246.88
Downside Intraday Target 243.27
Upside Intraday Target 256.23
Upside Intraday Target 261.97
Upside Intraday Target 252.62

Weekly technical analysis of Chemcon (Chemcon)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 250.50 258.35 258.35 249.00 0.363 times
03 Fri May 2024 252.35 261.95 264.95 250.45 0.987 times
26 Fri Apr 2024 261.45 254.70 269.10 252.50 0.952 times
19 Fri Apr 2024 252.45 252.05 257.65 246.15 1.695 times
12 Fri Apr 2024 260.15 260.00 269.85 252.55 0.63 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 Chemcon (Chemcon)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 250.50 259.00 259.05 249.00 0.218 times
30 Tue Apr 2024 257.40 234.05 269.85 234.05 0.557 times
28 Thu Mar 2024 231.05 276.95 286.45 230.00 1.301 times
29 Thu Feb 2024 271.05 279.50 281.40 246.00 0.981 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 Chemcon (Chemcon)

Indicator Name Indicator Value Indicator Signal
ADX 16, 25, 20 Sell
MACD -2, -2Sell
Stochastics 14Sell
CCI -130Sell
RSI 48Sell
OBV -31547Sell
VWAP 257Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Chemcon ( (Chemcon) ) 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 Chemcon ( (Chemcon) ) 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 Chemcon ( (Chemcon) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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

Chemcon 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 Chemcon in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 Chemcon is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 257.47 and Chemcon (Chemcon) 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 Chemcon (Chemcon) stock. Volume based technical analysis of Chemcon (Chemcon) stock is negative.

Chemcon 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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