MenonBearings MENONBE full analysis,charts,indicators,moving averages,SMA,DMA,EMA,ADX,MACD,RSI

Menon Bearings MENONBE WideScreen charts, DMA,SMA,EMA technical analysis, forecast prediction, by indicators ADX,MACD,RSI,CCI NSE stock exchange

operates under Auto Parts & Equipment sector

Daily price and charts and targets MenonBearings

Strong Daily Stock price targets for MenonBearings MENONBE are 130.33 and 132.33

Daily Target 1	128.88
Daily Target 2	129.77
Daily Target 3	130.88333333333
Daily Target 4	131.77
Daily Target 5	132.88

Daily price and volume Menon Bearings

Date	Closing	Open	Range	Volume
Wed 24 April 2024	130.65 (-0.08%)	130.00	130.00 - 132.00	0.5171 times
Tue 23 April 2024	130.75 (-1.51%)	134.95	128.85 - 135.00	0.8509 times
Mon 22 April 2024	132.75 (6.33%)	125.05	124.85 - 134.85	3.2747 times
Fri 19 April 2024	124.85 (-0.32%)	125.00	122.50 - 125.90	0.6532 times
Thu 18 April 2024	125.25 (0.12%)	125.60	124.80 - 128.30	0.8295 times
Tue 16 April 2024	125.10 (0.52%)	123.30	123.30 - 127.75	0.4748 times
Mon 15 April 2024	124.45 (-3.26%)	128.35	122.50 - 128.35	0.9163 times
Fri 12 April 2024	128.65 (-1.94%)	130.00	128.05 - 131.75	0.7854 times
Wed 10 April 2024	131.20 (-0.49%)	131.90	130.65 - 132.45	0.3865 times
Tue 09 April 2024	131.85 (0.96%)	131.00	129.40 - 134.00	1.3116 times
Mon 08 April 2024	130.60 (0.66%)	130.40	128.60 - 131.95	1.2982 times

Daily chart MenonBearings

Weekly price and charts MenonBearings

Strong weekly Stock price targets for MenonBearings MENONBE are 127.75 and 137.9

Weekly Target 1	120.02
Weekly Target 2	125.33
Weekly Target 3	130.16666666667
Weekly Target 4	135.48
Weekly Target 5	140.32

Weekly price and volumes for Menon Bearings

Date	Closing	Open	Range	Volume
Wed 24 April 2024	130.65 (4.65%)	125.05	124.85 - 135.00	0.8466 times
Fri 19 April 2024	124.85 (-2.95%)	128.35	122.50 - 128.35	0.524 times
Fri 12 April 2024	128.65 (-0.85%)	130.40	128.05 - 134.00	0.6896 times
Fri 05 April 2024	129.75 (15.69%)	113.60	113.50 - 130.95	1.2802 times
Thu 28 March 2024	112.15 (-4.06%)	118.35	110.35 - 118.35	0.8464 times
Fri 22 March 2024	116.90 (0.69%)	116.10	112.25 - 118.50	0.9314 times
Fri 15 March 2024	116.10 (-7.78%)	124.30	108.10 - 125.90	2.1937 times
Thu 07 March 2024	125.90 (-7.08%)	134.10	124.80 - 135.30	0.8308 times
Sat 02 March 2024	135.50 (0.48%)	135.95	129.35 - 138.00	0.7658 times
Fri 23 February 2024	134.85 (-3.47%)	141.80	133.00 - 143.70	1.0914 times
Fri 16 February 2024	139.70 (4.68%)	135.45	127.55 - 142.00	2.1978 times

weekly chart MenonBearings

Monthly price and charts MenonBearings

Strong monthly Stock price targets for MenonBearings MENONBE are 122.08 and 143.58

Monthly Target 1	104.88
Monthly Target 2	117.77
Monthly Target 3	126.38333333333
Monthly Target 4	139.27
Monthly Target 5	147.88

Monthly price and volumes Menon Bearings

Date	Closing	Open	Range	Volume
Wed 24 April 2024	130.65 (16.5%)	113.60	113.50 - 135.00	0.318 times
Thu 28 March 2024	112.15 (-14.36%)	130.95	108.10 - 138.00	0.4739 times
Thu 29 February 2024	130.95 (-8.97%)	145.20	127.55 - 153.15	0.8826 times
Wed 31 January 2024	143.85 (4.77%)	138.95	132.10 - 147.00	0.8971 times
Fri 29 December 2023	137.30 (0.51%)	136.60	129.60 - 148.65	0.9712 times
Thu 30 November 2023	136.60 (-6.5%)	146.15	128.35 - 147.50	0.5901 times
Tue 31 October 2023	146.10 (2.38%)	143.00	135.80 - 158.50	1.1828 times
Fri 29 September 2023	142.70 (-9.22%)	158.20	140.70 - 159.00	0.7293 times
Thu 31 August 2023	157.20 (16.62%)	133.70	130.10 - 166.40	1.9493 times
Mon 31 July 2023	134.80 (-1.21%)	137.95	129.05 - 147.80	2.0057 times
Fri 30 June 2023	136.45 (-3.06%)	142.00	130.55 - 148.00	1.6947 times

monthly chart MenonBearings

Indicator Analysis of MenonBearings

Tomorrow's movement Prediction of Menon Bearings MENONBE appears to be in uptrend. But this trend seems to be weakening.

Price is above an important level of 127.73 on charts, and as long as price remains above this level, the uptrend of stock might continue.

Tomorrow's movement Prediction of Menon Bearings MENONBE made a big move recently. This generally happens when there is a positive sentiment change, or a block deal went through. There is a good chance that this trend might continue in coming days.

Tomorrow's movement Prediction of Menon Bearings MENONBE is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 126.6

Munafa value: 75 as on Wed 24 April 2024

This Munafa value indicates that the stock is moving upwards and might continue to move up.

SMA20 is at 125 and price is deviating by 7 points

Upper Bollinger band is at 138 and lower is at 112, while middle bands are at 119 and 132

Price is coming down

Price is above 20day SMA

Price is in lower range of bands

Price action analysis of MenonBearings (MENONBE) based on a short 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 MenonBearings stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for MenonBearings in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

MenonBearings 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 coming down

CCI has generated a SELL signal for MenonBearings in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 MenonBearings is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 129.71 and MenonBearings MENONBE stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the MenonBearings MENONBE stock. Volume based technical analysis of MenonBearings MENONBE stock is negative.

MenonBearings 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.

DMA SMA EMA moving averages of Menon Bearings MENONBE

DMA (daily moving average) of Menon Bearings MENONBE

DMA period	DMA value
5 day DMA	128.85
12 day DMA	128.82
20 day DMA	124.85
35 day DMA	123.1
50 day DMA	126.69
100 day DMA	132.79
150 day DMA	136.37
200 day DMA	137.24

EMA (exponential moving average) of Menon Bearings MENONBE

EMA period	EMA current	EMA prev	EMA prev2
5 day EMA	129.55	129	128.12
12 day EMA	127.73	127.2	126.56
20 day EMA	126.49	126.05	125.55
35 day EMA	127.51	127.33	127.13
50 day EMA	128.32	128.23	128.13

SMA (simple moving average) of Menon Bearings MENONBE

SMA period	SMA current	SMA prev	SMA prev2
5 day SMA	128.85	127.74	126.48
12 day SMA	128.82	128.57	128.33
20 day SMA	124.85	124.14	123.27
35 day SMA	123.1	123.11	123.12
50 day SMA	126.69	126.85	127.19
100 day SMA	132.79	132.84	132.9
150 day SMA	136.37	136.49	136.59
200 day SMA	137.24	137.29	137.33

Fundamentals, profit and EPS of Menon Bearings MENONBE

EPS is 5.07 and PE is: 25.77

Last quarter profit: (February 2024 quarter) 5.59 crores (-27.87%)

Debt: 24.32 in crores

Market capitalization: 782.88

EPS is 5.45 and PE is: 23.97

Last quarter profit: (September 2023 quarter) 6.30 crores (-8.70%)

Debt: 24.32 in crores

Market capitalization: 816.92