(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 2024-08-20 View latest technical analysis
10 day averaged volume of Madison Covered is 23590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 7.31 | 7.23 | 7.33 | 7.23 | 1.361 times |
| 19 Mon Aug 2024 | 7.26 | 7.29 | 7.29 | 7.21 | 1 times |
| 16 Fri Aug 2024 | 7.27 | 7.23 | 7.27 | 7.17 | 1.06 times |
| 15 Thu Aug 2024 | 7.24 | 7.22 | 7.26 | 7.18 | 1.518 times |
| 14 Wed Aug 2024 | 7.20 | 7.21 | 7.27 | 7.17 | 0.793 times |
| 13 Tue Aug 2024 | 7.22 | 7.17 | 7.29 | 7.17 | 0.793 times |
| 12 Mon Aug 2024 | 7.18 | 7.20 | 7.26 | 7.15 | 0.407 times |
| 09 Fri Aug 2024 | 7.21 | 7.20 | 7.26 | 7.20 | 0.335 times |
| 08 Thu Aug 2024 | 7.19 | 7.10 | 7.24 | 7.08 | 1.433 times |
| 07 Wed Aug 2024 | 7.07 | 7.20 | 7.29 | 7.06 | 1.619 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.3, but if it comes below 7.3, then a intra day sell could be more profitable.
If you take a sell trade below 7.3, then use 7.3 as stoploss and 7.24 as target. However if you take a buy trade in stock , then use 7.3 as stoploss and 7.4 as target.
Share price targets for Madison Covered (MCN)
| Target Type | Value |
| Downside Target | 6.92 |
| Downside Target | 7.29 |
| Upside Target | 7.33 |
| Upside Target | 7.38 |
| Upside Target | 7.43 |
| Upside Target | 7.45 |
| Upside Target | 7.47 |
| Upside Target | 7.50 |
| Upside Target | 7.55 |
| Upside Target | 7.60 |
Intraday share price targets for Madison Covered (MCN)
| Target Type | Value |
| Downside Intraday Target | 7.24 |
| Downside Intraday Target | 7.16 |
| Upside Intraday Target | 7.36 |
| Upside Intraday Target | 7.4 |
| Downside Intraday Target | 7.28 |
Weekly technical analysis of Madison Covered (MCN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 7.31 | 7.29 | 7.33 | 7.21 | 0.517 times |
| 16 Fri Aug 2024 | 7.27 | 7.20 | 7.29 | 7.15 | 0.545 times |
| 09 Fri Aug 2024 | 7.21 | 7.06 | 7.29 | 7.02 | 1.439 times |
| 02 Fri Aug 2024 | 7.16 | 7.35 | 7.47 | 7.14 | 0.575 times |
| 26 Fri Jul 2024 | 7.38 | 7.21 | 7.45 | 7.11 | 1.503 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 Madison Covered (MCN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 7.31 | 7.43 | 7.43 | 7.02 | 0.497 times |
| 31 Wed Jul 2024 | 7.39 | 7.50 | 7.50 | 7.10 | 0.942 times |
| 28 Fri Jun 2024 | 7.60 | 7.26 | 7.60 | 7.09 | 1.046 times |
| 31 Fri May 2024 | 7.23 | 7.02 | 7.55 | 7.00 | 0.851 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 Madison Covered (MCN)
Price action analysis of Madison Covered ( (MCN) ) based on a short 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.
Price action analysis of Madison Covered ( (MCN) ) based on a short 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.
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 neutral. A longer time frame might give a better analysis.
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 BUY signal for Madison Covered 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.
Madison Covered 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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Madison Covered 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 Madison Covered is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.21 and Madison Covered (MCN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 Madison Covered ( (MCN) ) based on a short 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.
Price action analysis of Madison Covered ( (MCN) ) based on a short 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.
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 neutral. A longer time frame might give a better analysis.
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 BUY signal for Madison Covered 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.
Madison Covered 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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Madison Covered 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 Madison Covered is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.21 and Madison Covered (MCN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.