(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 2024-01-19 View latest technical analysis
10 day averaged volume of Madison Covered is 40360
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 7.21 | 7.19 | 7.28 | 7.13 | 1.008 times |
| 18 Thu Jan 2024 | 7.12 | 7.20 | 7.23 | 7.11 | 0.889 times |
| 17 Wed Jan 2024 | 7.21 | 7.17 | 7.23 | 7.16 | 0.676 times |
| 16 Tue Jan 2024 | 7.22 | 7.20 | 7.25 | 7.19 | 0.899 times |
| 12 Fri Jan 2024 | 7.24 | 7.30 | 7.37 | 7.21 | 0.701 times |
| 12 Fri Jan 2024 | 7.24 | 7.30 | 7.37 | 7.21 | 0.701 times |
| 11 Thu Jan 2024 | 7.24 | 7.28 | 7.39 | 7.17 | 1.405 times |
| 10 Wed Jan 2024 | 7.24 | 7.29 | 7.36 | 7.23 | 0.741 times |
| 09 Tue Jan 2024 | 7.33 | 7.29 | 7.44 | 7.24 | 1.784 times |
| 08 Mon Jan 2024 | 7.28 | 7.23 | 7.32 | 7.21 | 1.278 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 7.2 as stoploss in an intra day buy trade for a target of 7.3. However, stock will show a bearish move below 7.2.
Share price targets for Madison Covered (MCN)
| Target Type | Value |
| Downside Target | 6.69 |
| Upside Target | 7.28 |
| Upside Target | 7.37 |
| Upside Target | 7.40 |
| Upside Target | 7.44 |
| Upside Target | 7.50 |
| Upside Target | 7.59 |
| Upside Target | 7.70 |
Intraday share price targets for Madison Covered (MCN)
| Target Type | Value |
| Downside Intraday Target | 7.12 |
| Downside Intraday Target | 7.03 |
| Upside Intraday Target | 7.29 |
| Upside Intraday Target | 7.37 |
| Downside Intraday Target | 7.2 |
Weekly technical analysis of Madison Covered (MCN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 7.21 | 7.20 | 7.28 | 7.11 | 4.954 times |
| 12 Fri Jan 2024 | 7.24 | 7.30 | 7.37 | 7.21 | 0.119 times |
| 12 Fri Jan 2024 | 7.24 | 7.23 | 7.44 | 7.17 | 0.936 times |
| 05 Fri Jan 2024 | 7.21 | 7.50 | 7.59 | 7.13 | 2.045 times |
| 29 Fri Dec 2023 | 7.53 | 7.55 | 7.70 | 7.50 | 0.331 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Madison Covered (MCN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 7.21 | 7.50 | 7.59 | 7.11 | 0.445 times |
| 29 Fri Dec 2023 | 7.53 | 7.20 | 7.70 | 7.02 | 1.66 times |
| 30 Thu Nov 2023 | 7.22 | 6.88 | 7.25 | 6.81 | 0.705 times |
| 31 Tue Oct 2023 | 6.84 | 7.05 | 7.11 | 6.69 | 1.059 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Madison Covered 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 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 7.24 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Madison Covered 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 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 7.24 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.