(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 2024-05-18 View latest technical analysis
10 day averaged volume of Menon Bear is 7087
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Sat May 2024 | 128.35 | 130.00 | 130.00 | 127.40 | 0.006 times |
| 17 Fri May 2024 | 128.15 | 128.00 | 130.20 | 126.90 | 0.936 times |
| 16 Thu May 2024 | 127.95 | 121.10 | 132.15 | 119.20 | 3.936 times |
| 15 Wed May 2024 | 121.15 | 119.15 | 121.25 | 118.55 | 1.016 times |
| 14 Tue May 2024 | 119.50 | 116.10 | 121.25 | 116.10 | 0.997 times |
| 13 Mon May 2024 | 119.25 | 118.40 | 119.50 | 116.35 | 0.118 times |
| 10 Fri May 2024 | 120.80 | 124.00 | 124.00 | 116.05 | 2.041 times |
| 09 Thu May 2024 | 122.40 | 127.25 | 127.25 | 121.75 | 0.241 times |
| 08 Wed May 2024 | 126.70 | 124.55 | 127.60 | 124.55 | 0.096 times |
| 07 Tue May 2024 | 126.05 | 128.95 | 130.00 | 124.35 | 0.586 times |
My analysis of stock is bullish for shortterm, and stock might move up till 131.1 or till 135.9. Use a stoploss of 127.07 and if this stock hits its stoploss, then it can fall down till 123.05
Share price targets for Menon Bear (MenonBear)
| Target Type | Value |
| Downside Target | 108.20 |
| Downside Target | 114.35 |
| Downside Target | 119.35 |
| Downside Target | 125.75 |
| Upside Target | 131.95 |
| Upside Target | 133.00 |
| Upside Target | 134.50 |
| Upside Target | 137.30 |
| Upside Target | 147.10 |
| Upside Target | 153.40 |
Intraday share price targets for Menon Bear (MenonBear)
| Target Type | Value |
| Downside Intraday Target | 118.92 |
| Downside Intraday Target | 109.48 |
| Upside Intraday Target | 134.97 |
| Upside Intraday Target | 141.58 |
| Downside Intraday Target | 125.53 |
Weekly technical analysis of Menon Bear (MenonBear)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Sat May 2024 | 128.35 | 118.40 | 132.15 | 116.10 | 2.34 times |
| 10 Fri May 2024 | 120.80 | 133.00 | 133.00 | 116.05 | 0.889 times |
| 03 Fri May 2024 | 130.55 | 129.00 | 133.00 | 127.15 | 1.37 times |
| 26 Fri Apr 2024 | 129.00 | 127.35 | 134.50 | 125.75 | 0.9 times |
| 19 Fri Apr 2024 | 124.75 | 119.35 | 128.35 | 119.35 | 0.693 times |
Price has moved up 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 |
| 18 Sat May 2024 | 128.35 | 130.30 | 133.00 | 116.05 | 0.776 times |
| 30 Tue Apr 2024 | 130.05 | 114.35 | 134.50 | 114.35 | 0.599 times |
| 28 Thu Mar 2024 | 112.10 | 133.10 | 137.30 | 108.20 | 0.632 times |
| 29 Thu Feb 2024 | 130.45 | 144.90 | 153.40 | 128.00 | 0.894 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Menon Bear ( (MenonBear) ) 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 Menon Bear stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Menon Bear in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Menon Bear in short term and BUY 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 124.61 and Menon Bear (MenonBear) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Menon Bear ( (MenonBear) ) 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 Menon Bear stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Menon Bear in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Menon Bear in short term and BUY 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 124.61 and Menon Bear (MenonBear) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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