(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 2024-01-26 View latest technical analysis
10 day averaged volume of Madison Covered is 51080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Jan 2024 | 7.16 | 7.20 | 7.23 | 7.15 | 0.809 times |
| 25 Thu Jan 2024 | 7.15 | 7.22 | 7.30 | 7.13 | 2.277 times |
| 24 Wed Jan 2024 | 7.21 | 7.25 | 7.25 | 7.12 | 1.466 times |
| 23 Tue Jan 2024 | 7.20 | 7.29 | 7.31 | 7.17 | 1.924 times |
| 22 Mon Jan 2024 | 7.25 | 7.26 | 7.33 | 7.20 | 0.48 times |
| 19 Fri Jan 2024 | 7.21 | 7.19 | 7.28 | 7.13 | 0.797 times |
| 18 Thu Jan 2024 | 7.12 | 7.20 | 7.23 | 7.11 | 0.703 times |
| 17 Wed Jan 2024 | 7.21 | 7.17 | 7.23 | 7.16 | 0.534 times |
| 16 Tue Jan 2024 | 7.22 | 7.20 | 7.25 | 7.19 | 0.711 times |
| 12 Fri Jan 2024 | 7.24 | 7.30 | 7.37 | 7.21 | 0.554 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.2, but if it comes above 7.2, then a intra day buy could be more profitable.
If you take a sell trade below 7.2, then use 7.2 as stoploss and 7 as target. However if you take a buy trade in stock , then use 7.2 as stoploss and 7.25 as target.
Share price targets for Madison Covered (MCN)
| Target Type | Value |
| Downside Target | 6.69 |
| Upside Target | 7.25 |
| Upside Target | 7.28 |
| Upside Target | 7.33 |
| Upside Target | 7.37 |
| Upside Target | 7.40 |
| Upside Target | 7.44 |
| Upside Target | 7.59 |
| Upside Target | 7.70 |
Intraday share price targets for Madison Covered (MCN)
| Target Type | Value |
| Downside Intraday Target | 7.08 |
| Downside Intraday Target | 6.99 |
| Upside Intraday Target | 7.29 |
| Upside Intraday Target | 7.41 |
| Upside Intraday Target | 7.2 |
Weekly technical analysis of Madison Covered (MCN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Jan 2024 | 7.16 | 7.26 | 7.33 | 7.12 | 2.534 times |
| 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 |
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 |
| 26 Fri Jan 2024 | 7.16 | 7.50 | 7.59 | 7.11 | 0.683 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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
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 7.19 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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
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 7.19 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.