Mobile app version of munafa.best
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MCN) Madison Covered complete technical analysis [charts+indicators] | Buy/Sell Madison Covered | (MCN) share price targets

Complete technical analysis of Madison Covered (MCN) by charts plus indicators, forecast predictions and share price targets for Madison Covered (MCN)

Madison Covered trades in USA in N A sector.

Showing technical analysis as on 2024-11-04 View latest technical analysis

10 day averaged volume of Madison Covered is 60350

Date Daily Closing Price Open High Low Volume
04 Mon Nov 2024 6.88 6.94 6.97 6.88 0.62 times
01 Fri Nov 2024 6.95 6.87 6.96 6.87 0.54 times
31 Thu Oct 2024 6.86 6.87 6.90 6.84 0.958 times
30 Wed Oct 2024 6.90 6.91 6.94 6.88 0.6 times
29 Tue Oct 2024 6.94 6.95 6.98 6.91 0.486 times
28 Mon Oct 2024 6.97 6.99 6.99 6.95 0.779 times
25 Fri Oct 2024 6.95 6.93 6.99 6.93 1.107 times
24 Thu Oct 2024 6.94 6.96 6.99 6.90 2.437 times
23 Wed Oct 2024 6.95 7.03 7.04 6.95 1.249 times
22 Tue Oct 2024 7.06 7.05 7.08 7.03 0.941 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.9, but if it comes above 6.9, then a intra day buy could be more profitable.
If you take a sell trade below 6.9, then use 6.9 as stoploss and 6.8 as target. However if you take a buy trade in stock , then use 6.9 as stoploss and 7.01 as target.

Share price targets for Madison Covered (MCN)

Target Type Value
Downside Target 6.84
Upside Target 7.08
Upside Target 7.09
Upside Target 7.10
Upside Target 7.13
Upside Target 7.19
Upside Target 7.45
Upside Target 7.49
Upside Target 7.50

Intraday share price targets for Madison Covered (MCN)

Target Type Value
Downside Intraday Target 6.85
Downside Intraday Target 6.82
Upside Intraday Target 6.94
Upside Intraday Target 7
Upside Intraday Target 6.91

Weekly technical analysis of Madison Covered (MCN)

Date Weekly Closing Price Open High Low Volume
04 Mon Nov 2024 6.88 6.94 6.97 6.88 0.184 times
01 Fri Nov 2024 6.95 6.99 6.99 6.84 0.506 times
25 Fri Oct 2024 6.95 7.06 7.09 6.90 1.621 times
18 Fri Oct 2024 7.08 7.06 7.13 7.02 0.684 times
11 Fri Oct 2024 7.07 7.00 7.08 6.97 0.436 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 Madison Covered (MCN)

Date Monthly Closing Price Open High Low Volume
04 Mon Nov 2024 6.88 6.87 6.97 6.87 0.042 times
31 Thu Oct 2024 6.86 7.14 7.19 6.84 1.455 times
30 Mon Sep 2024 7.12 7.31 7.49 7.08 1.459 times
30 Fri Aug 2024 7.32 7.43 7.45 7.02 0.971 times

Scroll below to view daily charts

Price has moved up 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 Madison Covered (MCN)

Price action analysis of Madison Covered ( (MCN) ) 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 Madison Covered ( (MCN) ) 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 Madison Covered ( (MCN) ) 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 Madison Covered ( (MCN) ) 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 Madison Covered stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Madison Covered in short term and the sell signal is strong.

Madison Covered 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 coming down

CCI has generated a SELL signal for Madison Covered 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

Stock of Madison Covered is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.94 and Madison Covered (MCN) 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 Madison Covered (MCN) stock. Volume based technical analysis of Madison Covered (MCN) stock is negative.

Madison Covered 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 Madison Covered ( (MCN) ) 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 Madison Covered ( (MCN) ) 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 Madison Covered ( (MCN) ) 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 Madison Covered ( (MCN) ) 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 Madison Covered stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Madison Covered in short term and the sell signal is strong.

Madison Covered 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 coming down

CCI has generated a SELL signal for Madison Covered 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

Stock of Madison Covered is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.94 and Madison Covered (MCN) 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 Madison Covered (MCN) stock. Volume based technical analysis of Madison Covered (MCN) stock is negative.

Madison Covered 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme