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

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

Showing technical analysis as on 2024-08-29 View latest technical analysis

10 day averaged volume of Resonance is 12719

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	106.30	110.00	110.00	106.00	0.495 times
28 Wed Aug 2024	108.30	109.85	110.00	106.00	1.336 times
27 Tue Aug 2024	108.15	105.50	109.95	105.50	1.447 times
26 Mon Aug 2024	105.50	108.15	108.15	105.20	1.177 times
23 Fri Aug 2024	106.00	104.90	108.90	100.80	3.562 times
22 Thu Aug 2024	101.50	100.55	102.25	100.00	0.296 times
21 Wed Aug 2024	101.55	102.00	102.00	98.00	0.355 times
20 Tue Aug 2024	98.70	101.85	101.85	97.85	0.473 times
19 Mon Aug 2024	99.80	98.00	102.25	97.00	0.735 times
16 Fri Aug 2024	99.15	98.05	100.80	97.00	0.286 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 105.7, but if it comes below 105.7, then a intra day sell could be more profitable.
If you take a sell trade below 105.7, then use 105.7 as stoploss and 102.32 as target. However if you take a buy trade in stock , then use 105.7 as stoploss and 109.7 as target.

Share price targets for Resonance (Resonance)

Target Type	Value
Downside Target	92.00
Downside Target	95.00
Downside Target	100.25
Downside Target	104.85
Downside Target	106.00
Upside Target	108.90
Upside Target	110.00
Upside Target	110.90
Upside Target	116.00
Upside Target	128.00
Upside Target	132.00

Intraday share price targets for Resonance (Resonance)

Target Type	Value
Downside Intraday Target	104.33
Downside Intraday Target	102.37
Upside Intraday Target	109.13
Upside Intraday Target	111.97
Upside Intraday Target	107.17

Weekly technical analysis of Resonance (Resonance)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	106.30	108.15	110.00	105.20	0.822 times
23 Fri Aug 2024	106.00	98.00	108.90	97.00	3.847 times
16 Fri Aug 2024	99.15	99.90	101.90	96.20	0.362 times
09 Fri Aug 2024	99.90	101.20	104.85	98.00	0.556 times
02 Fri Aug 2024	107.90	102.60	110.90	100.25	2.448 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 Resonance (Resonance)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	106.30	101.35	110.90	96.20	1.384 times
31 Wed Jul 2024	101.35	100.05	106.00	96.50	0.908 times
28 Fri Jun 2024	101.77	104.60	116.00	92.10	0.456 times
31 Fri May 2024	98.80	116.25	128.00	95.00	0.644 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 Resonance (Resonance)

Price action analysis of Resonance ( (Resonance) ) 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.

Price action analysis of Resonance ( (Resonance) ) based on a short to mid 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.

Price action analysis of Resonance ( (Resonance) ) 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 Resonance stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Resonance 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.

Resonance Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Resonance is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 105.3 and Resonance (Resonance) 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 Resonance (Resonance) stock. Volume based technical analysis of Resonance (Resonance) stock is negative.

Resonance 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.