(MenonBear) Menon Bear complete technical analysis [charts+indicators] | Buy/Sell Menon Bear | (MenonBear) share price targets
Complete technical analysis of Menon Bear (MenonBear) by charts plus indicators, forecast predictions and share price targets for Menon Bear (MenonBear)
Showing technical analysis as on 2024-02-09 View latest technical analysis
10 day averaged volume of Menon Bear is 22310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 133.65 | 140.85 | 140.85 | 132.20 | 0.761 times |
| 08 Thu Feb 2024 | 138.05 | 146.90 | 149.80 | 136.85 | 2.231 times |
| 07 Wed Feb 2024 | 147.80 | 145.00 | 153.40 | 145.00 | 1.609 times |
| 06 Tue Feb 2024 | 145.85 | 146.00 | 148.00 | 144.25 | 0.706 times |
| 05 Mon Feb 2024 | 146.40 | 143.95 | 151.20 | 140.50 | 1.465 times |
| 02 Fri Feb 2024 | 140.00 | 145.00 | 145.00 | 139.25 | 0.652 times |
| 01 Thu Feb 2024 | 141.55 | 144.90 | 144.95 | 140.90 | 0.213 times |
| 31 Wed Jan 2024 | 143.75 | 139.10 | 147.10 | 139.10 | 0.61 times |
| 30 Tue Jan 2024 | 141.75 | 142.40 | 144.45 | 140.65 | 0.443 times |
| 29 Mon Jan 2024 | 140.20 | 144.20 | 145.75 | 139.70 | 0.68 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 136.1, but if it comes above 136.1, then a intra day buy could be more profitable.
If you take a sell trade below 136.1, then use 136.1 as stoploss and 131.5 as target. However if you take a buy trade in stock , then use 136.1 as stoploss and 139.94 as target.
Share price targets for Menon Bear (MenonBear)
| Target Type | Value |
| Downside Target | 125.00 |
| Downside Target | 129.30 |
| Downside Target | 131.95 |
| Upside Target | 143.00 |
| Upside Target | 143.80 |
| Upside Target | 147.10 |
| Upside Target | 148.45 |
| Upside Target | 149.80 |
| Upside Target | 153.40 |
| Upside Target | 158.55 |
Intraday share price targets for Menon Bear (MenonBear)
| Target Type | Value |
| Downside Intraday Target | 126.1 |
| Downside Intraday Target | 118.55 |
| Upside Intraday Target | 147.3 |
| Upside Intraday Target | 160.95 |
| Upside Intraday Target | 139.75 |
Weekly technical analysis of Menon Bear (MenonBear)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 133.65 | 143.95 | 153.40 | 132.20 | 2.606 times |
| 02 Fri Feb 2024 | 140.00 | 144.20 | 147.10 | 139.10 | 0.847 times |
| 25 Thu Jan 2024 | 141.35 | 132.55 | 143.00 | 131.95 | 1.038 times |
| 19 Fri Jan 2024 | 136.15 | 143.70 | 143.80 | 133.85 | 0.967 times |
| 12 Fri Jan 2024 | 140.85 | 139.05 | 143.50 | 138.15 | 0.909 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Menon Bear (MenonBear)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 133.65 | 144.90 | 153.40 | 132.20 | 0.539 times |
| 31 Wed Jan 2024 | 143.75 | 141.90 | 147.10 | 131.95 | 0.933 times |
| 29 Fri Dec 2023 | 137.15 | 139.00 | 148.45 | 125.00 | 1.54 times |
| 30 Thu Nov 2023 | 136.60 | 146.90 | 149.80 | 129.30 | 0.728 times |
Scroll below to view daily charts
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 Menon Bear (MenonBear)
Price action analysis of Menon Bear ( (MenonBear) ) 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 Menon Bear ( (MenonBear) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Menon Bear ( (MenonBear) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Menon Bear ( (MenonBear) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Menon Bear stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Menon Bear in short term but the sell signal is initial and weak.
Menon Bear 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Menon Bear in short term and SELL signal is strong!
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 Menon Bear is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 142.18 and Menon Bear (MenonBear) 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 Menon Bear (MenonBear) stock. Volume based technical analysis of Menon Bear (MenonBear) stock is negative.
Menon Bear 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.
Price action analysis of Menon Bear ( (MenonBear) ) 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 Menon Bear ( (MenonBear) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Menon Bear ( (MenonBear) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Menon Bear ( (MenonBear) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Menon Bear stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Menon Bear in short term but the sell signal is initial and weak.
Menon Bear 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Menon Bear in short term and SELL signal is strong!
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 Menon Bear is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 142.18 and Menon Bear (MenonBear) 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 Menon Bear (MenonBear) stock. Volume based technical analysis of Menon Bear (MenonBear) stock is negative.
Menon Bear 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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