(DhanalCotex) Dhanal Cotex complete technical analysis [charts+indicators] | Buy/Sell Dhanal Cotex | (DhanalCotex) share price targets
Complete technical analysis of Dhanal Cotex (DhanalCotex) by charts plus indicators, forecast predictions and share price targets for Dhanal Cotex (DhanalCotex)
Showing technical analysis as on 2024-05-29 View latest technical analysis
10 day averaged volume of Dhanal Cotex is 71
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 63.09 | 69.61 | 69.61 | 63.00 | 2.254 times |
| 27 Mon May 2024 | 66.30 | 66.30 | 66.30 | 66.30 | 1.408 times |
| 18 Sat May 2024 | 63.15 | 63.12 | 63.15 | 63.12 | 0.085 times |
| 16 Thu May 2024 | 66.43 | 69.82 | 73.31 | 66.43 | 3.028 times |
| 15 Wed May 2024 | 69.82 | 69.82 | 69.82 | 64.01 | 1.028 times |
| 14 Tue May 2024 | 66.50 | 66.51 | 66.51 | 66.50 | 3.676 times |
| 10 Fri May 2024 | 63.35 | 63.35 | 63.35 | 63.35 | 0.028 times |
| 03 Fri May 2024 | 60.34 | 60.34 | 60.34 | 60.34 | 0.056 times |
| 02 Thu May 2024 | 63.00 | 60.33 | 63.00 | 60.33 | 0.507 times |
| 29 Mon Apr 2024 | 60.32 | 60.31 | 60.32 | 60.31 | 0.028 times |
Stock of Dhanal Cotex (DhanalCotex) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 61.2 or till 58.2. Use a stoploss of 63.77 and if the stock hits stoploss, then it can shoot up till 66.31
Share price targets for Dhanal Cotex (DhanalCotex)
| Target Type | Value |
| Downside Target | 58.11 |
| Downside Target | 60.31 |
| Downside Target | 63.00 |
| Upside Target | 66.00 |
| Upside Target | 66.50 |
| Upside Target | 69.61 |
| Upside Target | 70.02 |
| Upside Target | 73.31 |
| Upside Target | 79.60 |
| Upside Target | 80.85 |
| Upside Target | 92.04 |
Intraday share price targets for Dhanal Cotex (DhanalCotex)
| Target Type | Value |
| Downside Intraday Target | 60.86 |
| Downside Intraday Target | 58.62 |
| Upside Intraday Target | 67.47 |
| Upside Intraday Target | 71.84 |
| Upside Intraday Target | 65.23 |
Weekly technical analysis of Dhanal Cotex (DhanalCotex)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 63.09 | 66.30 | 69.61 | 63.00 | 0.468 times |
| 18 Sat May 2024 | 63.15 | 66.51 | 73.31 | 63.12 | 277.5 times |
| 10 Fri May 2024 | 63.35 | 63.35 | 63.35 | 63.35 | 0.048 times |
| 03 Fri May 2024 | 60.34 | 60.31 | 63.00 | 60.31 | 3.5 times |
| 24 Wed Apr 2024 | 60.32 | 60.50 | 60.50 | 60.32 | 0.066 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 Dhanal Cotex (DhanalCotex)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 63.09 | 60.33 | 73.31 | 60.33 | 2.81 times |
| 29 Mon Apr 2024 | 60.32 | 62.00 | 66.50 | 60.31 | 0.101 times |
| 28 Thu Mar 2024 | 62.00 | 76.03 | 80.85 | 58.11 | 0.459 times |
| 27 Tue Feb 2024 | 76.03 | 73.10 | 92.04 | 70.02 | 1.52 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Dhanal Cotex (DhanalCotex)
Price action analysis of Dhanal Cotex ( (DhanalCotex) ) 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 Dhanal Cotex ( (DhanalCotex) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Dhanal Cotex ( (DhanalCotex) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Dhanal Cotex ( (DhanalCotex) ) based on a mid to longer 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.
ADX buy sell signal for Dhanal Cotex stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Dhanal Cotex in short term but the buy signal is initial and weak.
Dhanal Cotex 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Dhanal Cotex in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 Dhanal Cotex is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 65.89 and Dhanal Cotex (DhanalCotex) 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 Dhanal Cotex (DhanalCotex) stock. Volume based technical analysis of Dhanal Cotex (DhanalCotex) stock is negative.
Dhanal Cotex Stock is giving positive 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 Dhanal Cotex ( (DhanalCotex) ) 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 Dhanal Cotex ( (DhanalCotex) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Dhanal Cotex ( (DhanalCotex) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Dhanal Cotex ( (DhanalCotex) ) based on a mid to longer 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.
ADX buy sell signal for Dhanal Cotex stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Dhanal Cotex in short term but the buy signal is initial and weak.
Dhanal Cotex 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Dhanal Cotex in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 Dhanal Cotex is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 65.89 and Dhanal Cotex (DhanalCotex) 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 Dhanal Cotex (DhanalCotex) stock. Volume based technical analysis of Dhanal Cotex (DhanalCotex) stock is negative.
Dhanal Cotex Stock is giving positive 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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