(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 2024-02-15 View latest technical analysis
10 day averaged volume of Menon Bear is 21126
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Thu Feb 2024 | 137.05 | 135.60 | 140.00 | 133.90 | 0.308 times |
| 14 Wed Feb 2024 | 133.10 | 136.95 | 136.95 | 128.00 | 0.197 times |
| 13 Tue Feb 2024 | 133.55 | 133.65 | 136.05 | 130.00 | 0.599 times |
| 12 Mon Feb 2024 | 133.20 | 135.60 | 137.05 | 131.00 | 1.138 times |
| 09 Fri Feb 2024 | 133.65 | 140.85 | 140.85 | 132.20 | 0.804 times |
| 08 Thu Feb 2024 | 138.05 | 146.90 | 149.80 | 136.85 | 2.356 times |
| 07 Wed Feb 2024 | 147.80 | 145.00 | 153.40 | 145.00 | 1.699 times |
| 06 Tue Feb 2024 | 145.85 | 146.00 | 148.00 | 144.25 | 0.745 times |
| 05 Mon Feb 2024 | 146.40 | 143.95 | 151.20 | 140.50 | 1.548 times |
| 02 Fri Feb 2024 | 140.00 | 145.00 | 145.00 | 139.25 | 0.689 times |
My analysis of stock is bearish for shortterm, and stock might move down till 134.4 or till 129. Use a stoploss of 138.9 and if the stock hits stoploss, then it can shoot up till 143.38
Share price targets for Menon Bear (MenonBear)
| Target Type | Value |
| Downside Target | 125.00 |
| Downside Target | 128.00 |
| Downside Target | 131.95 |
| Upside Target | 139.10 |
| Upside Target | 143.00 |
| 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 | 130.03 |
| Downside Intraday Target | 123.02 |
| Upside Intraday Target | 142.03 |
| Upside Intraday Target | 147.02 |
| Downside Intraday Target | 135.02 |
Weekly technical analysis of Menon Bear (MenonBear)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Thu Feb 2024 | 137.05 | 135.60 | 140.00 | 128.00 | 0.314 times |
| 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 |
Price has moved up 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 Menon Bear (MenonBear)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Thu Feb 2024 | 137.05 | 144.90 | 153.40 | 128.00 | 0.688 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Menon Bear ( (MenonBear) ) 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 Menon Bear ( (MenonBear) ) 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 Menon Bear ( (MenonBear) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Menon Bear 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Menon Bear in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 140.39 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Menon Bear ( (MenonBear) ) 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 Menon Bear ( (MenonBear) ) 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 Menon Bear ( (MenonBear) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Menon Bear 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Menon Bear in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 140.39 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.
Click here for Menon Bear charts
Click here for further forecast and predictions for tomorrow