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

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

Showing technical analysis as on 2023-12-07 View latest technical analysis

10 day averaged volume of Shree Mfg is 2973

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Dec 2023	15.47	15.47	15.47	15.47	0.432 times
06 Wed Dec 2023	14.74	14.74	14.74	14.74	0.63 times
05 Tue Dec 2023	14.04	14.04	14.04	14.04	1.51 times
04 Mon Dec 2023	13.38	13.38	13.38	13.38	1.675 times
01 Fri Dec 2023	12.75	12.78	12.78	12.18	1.368 times
30 Thu Nov 2023	12.18	12.15	12.18	12.14	1.994 times
29 Wed Nov 2023	11.60	11.27	11.60	11.00	0.568 times
28 Tue Nov 2023	11.05	11.05	11.05	11.05	0.338 times
24 Fri Nov 2023	10.53	10.53	10.53	10.53	0.829 times
23 Thu Nov 2023	10.03	10.03	10.03	9.56	0.586 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 15.7, for a target of 13 or 10.67

Share price targets for Shree Mfg (ShreeMfg)

Target Type	Value
Downside Target	7.23
Downside Target	7.54
Downside Target	7.91
Downside Target	8.10
Downside Target	8.97
Downside Target	9.45
Downside Target	9.67
Downside Target	10.16
Downside Target	10.38
Downside Target	11.00
Downside Target	11.76
Downside Target	12.18
Downside Target	12.78
Downside Target	13.38
Downside Target	15.47

Intraday share price targets for Shree Mfg (ShreeMfg)

Target Type	Value
Downside Intraday Target	14.08
Downside Intraday Target	12.68
Upside Intraday Target	16.17
Upside Intraday Target	16.86
Downside Intraday Target	14.77

Weekly technical analysis of Shree Mfg (ShreeMfg)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Dec 2023	15.47	13.38	15.47	13.38	0.995 times
01 Fri Dec 2023	12.75	11.05	12.78	11.00	1.318 times
24 Fri Nov 2023	10.53	9.38	10.53	8.97	2.434 times
17 Fri Nov 2023	8.97	8.32	9.45	8.10	1.25 times
10 Fri Nov 2023	7.93	9.05	9.67	7.91	0.802 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 Shree Mfg (ShreeMfg)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Dec 2023	15.47	12.78	15.47	12.18	0.585 times
30 Thu Nov 2023	12.18	8.35	12.18	7.91	2.523 times
31 Tue Oct 2023	7.98	10.98	11.76	7.23	3.414 times
29 Fri Sep 2023	11.20	10.38	12.22	10.16	0.208 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 Shree Mfg (ShreeMfg)

Price action analysis of Shree Mfg ( (ShreeMfg) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a BUY signal for Shree Mfg 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.

Shree Mfg 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 moving up

CCI has generated a buy signal for Shree Mfg in short term and BUY signal is strong.

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 Shree Mfg is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.71 and Shree Mfg (ShreeMfg) 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 Shree Mfg (ShreeMfg) stock. Volume based technical analysis of Shree Mfg (ShreeMfg) stock is negative.

Shree Mfg 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.