MAHICKRA_SM NEWS why is Mahickra Chemical Limited price falling or rising

MAHICKRA_SM NEWS reasons for why stock price of Mahickra Chemical Limited is falling or rising

MAHICKRA_SM Mahickra Chemical is falling or rising technical reasons

Technical analysis forecast for Mahickra Chemical Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Mahickra Chemical MAHICKRA_SM at this time. Stock is falling and might fall more.

It appears as if Mahickra Chemical MAHICKRA_SM gave a large move recently.

Stock of Mahickra Chemical (MAHICKRA_SM) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Mahickra Chemical 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 118.1, for a target of 122.2 or 125.51

MAHICKRA_SM Mahickra Chemical is falling or rising NEWS fundamental reasons

More announcements and NEWS

MAHICKRA_SM Mahickra Chemical Limited current price & indicator signals

Moving Averages for Mahickra Chemical Limited

  • 5Day Average: 120.01
  • 12Day Average: 123.48
  • 20Day Average: 123.92
  • 50Day Average: 136.2
  • 100Day Average: 119.39
  • 150Day Average: 107.45
  • 200Day Average: 102.33

MAHICKRA_SM Indicators & signals

Indicator MACD (12,26,9)

122.76, 126.93, -3.6
Indicator MACD is in negative zone

Indicator ADX (14)

13.65, 25.75, 33.89
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MAHICKRA_SM Mahickra Chemical Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
24 Wed Apr 2024 117.00 117.00 to 117.00 -0.04% 1.5 times
22 Mon Apr 2024 117.05 117.05 to 117.05 -2.46% 0.25 times
19 Fri Apr 2024 120.00 120.00 to 120.00 -3.23% 1 times
18 Thu Apr 2024 124.00 118.00 to 124.00 1.64% 1.5 times
16 Tue Apr 2024 122.00 122.00 to 122.35 -4.72% 1 times
12 Fri Apr 2024 128.05 128.00 to 128.10 0.04% 0.5 times
10 Wed Apr 2024 128.00 125.10 to 128.00 2.73% 1.5 times
09 Tue Apr 2024 124.60 124.25 to 125.00 2.13% 1 times
05 Fri Apr 2024 122.00 122.00 to 130.00 -0.81% 1.5 times
04 Thu Apr 2024 123.00 123.00 to 125.05 -5.38% 1.25 times
02 Tue Apr 2024 130.00 130.00 to 130.00 3.17% 0.5 times
01 Mon Apr 2024 126.00 126.00 to 126.00 2.82% 0.25 times

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MAHICKRA_SM NEWS why is Mahickra Chemical Limited price falling or rising

 

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