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

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

Showing technical analysis as on 2024-05-28 View latest technical analysis

10 day averaged volume of Norris Medi is 399

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	12.74	13.00	13.00	12.74	0.08 times
27 Mon May 2024	13.00	13.23	13.23	13.00	0.867 times
24 Fri May 2024	13.23	13.23	13.23	13.23	0.704 times
23 Thu May 2024	12.60	12.60	12.60	12.60	1.045 times
22 Wed May 2024	12.00	11.67	12.00	11.44	1.469 times
21 Tue May 2024	11.44	11.40	11.44	11.40	1.1 times
18 Sat May 2024	10.90	10.90	10.90	10.90	0.226 times
17 Fri May 2024	10.90	11.40	11.40	10.90	0.441 times
16 Thu May 2024	10.90	10.80	10.96	10.80	2.105 times
15 Wed May 2024	11.00	11.24	11.24	10.70	0.91 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.6, but if it comes below 12.6, then a intra day sell could be more profitable.
If you take a sell trade below 12.6, then use 12.6 as stoploss and 11.92 as target. However if you take a buy trade in stock , then use 12.6 as stoploss and 13.4 as target.

Share price targets for Norris Medi (NorrisMedi)

Target Type	Value
Downside Target	10.70
Downside Target	11.40
Downside Target	11.72
Downside Target	11.97
Downside Target	12.67
Upside Target	13.00
Upside Target	13.23
Upside Target	14.60
Upside Target	18.83
Upside Target	19.21
Upside Target	24.48
Upside Target	27.51

Intraday share price targets for Norris Medi (NorrisMedi)

Target Type	Value
Downside Intraday Target	12.58
Downside Intraday Target	12.41
Upside Intraday Target	13.07
Upside Intraday Target	13.39
Upside Intraday Target	12.9

Weekly technical analysis of Norris Medi (NorrisMedi)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	12.74	13.23	13.23	12.74	0.219 times
24 Fri May 2024	13.23	11.40	13.23	11.40	0.844 times
18 Sat May 2024	10.90	11.72	11.72	10.70	0.85 times
09 Thu May 2024	11.72	12.19	12.19	11.72	2.133 times
03 Fri May 2024	12.19	12.67	12.67	12.19	0.549 times

Price has moved down 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 Norris Medi (NorrisMedi)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue May 2024	12.74	12.19	13.23	10.70	0.882 times
30 Tue Apr 2024	12.19	13.87	14.60	12.19	0.354 times
28 Thu Mar 2024	13.60	18.83	18.83	11.97	1.142 times
29 Thu Feb 2024	19.21	25.59	27.51	19.21	0.133 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 Norris Medi (NorrisMedi)

Price action analysis of Norris Medi ( (NorrisMedi) ) 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 Norris Medi ( (NorrisMedi) ) 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 Norris Medi ( (NorrisMedi) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Norris Medi ( (NorrisMedi) ) based on a mid to longer 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.

ADX buy sell signal for Norris Medi stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Norris Medi 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.

Norris Medi 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Norris Medi 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 negative zone. This is the SELL zone

Stock of Norris Medi is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.76 and Norris Medi (NorrisMedi) 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 Norris Medi (NorrisMedi) stock. Volume based technical analysis of Norris Medi (NorrisMedi) stock is negative.

Norris Medi Stock is giving positive 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.