(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)
10 day averaged volume of Shree Mfg is 1771
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Dec 2022 | 7.22 | 7.22 | 7.22 | 7.22 | 0.002 times |
| 01 Thu Dec 2022 | 6.88 | 6.88 | 6.88 | 6.88 | 0.023 times |
| 30 Wed Nov 2022 | 6.56 | 6.00 | 6.56 | 6.00 | 0.184 times |
| 29 Tue Nov 2022 | 6.25 | 6.28 | 6.28 | 6.10 | 0.028 times |
| 28 Mon Nov 2022 | 6.28 | 6.35 | 6.66 | 6.05 | 1.306 times |
| 25 Fri Nov 2022 | 6.35 | 6.68 | 6.68 | 6.35 | 0.124 times |
| 24 Thu Nov 2022 | 6.68 | 7.03 | 7.03 | 6.68 | 1.704 times |
| 23 Wed Nov 2022 | 7.03 | 7.04 | 7.39 | 7.03 | 1.841 times |
| 22 Tue Nov 2022 | 7.39 | 7.75 | 7.75 | 7.39 | 1.752 times |
| 21 Mon Nov 2022 | 7.77 | 8.35 | 8.35 | 7.77 | 1.715 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.6 as stoploss in an intra day buy trade for a target of 8.41. However, stock will show a bearish move below 6.6.
Share price targets for Shree Mfg (ShreeMfg)
| Target Type | Value |
| Downside Target | 4.87 |
| Downside Target | 6.00 |
| Downside Target | 6.35 |
| Downside Target | 6.88 |
| Downside Target | 7.22 |
| Upside Target | 8.17 |
| Upside Target | 8.35 |
| Upside Target | 9.76 |
| Upside Target | 10.24 |
| Upside Target | 10.54 |
| Upside Target | 11.09 |
| Upside Target | 13.05 |
Intraday share price targets for Shree Mfg (ShreeMfg)
| Target Type | Value |
| Downside Intraday Target | 6.41 |
| Downside Intraday Target | 5.59 |
| Upside Intraday Target | 7.63 |
| Upside Intraday Target | 8.03 |
| Downside Intraday Target | 6.81 |
Weekly technical analysis of Shree Mfg (ShreeMfg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Dec 2022 | 7.22 | 6.35 | 7.22 | 6.00 | 0.216 times |
| 25 Fri Nov 2022 | 6.35 | 8.35 | 8.35 | 6.35 | 1.734 times |
| 18 Fri Nov 2022 | 8.17 | 10.54 | 10.54 | 8.17 | 145.78 times |
| 10 Thu Nov 2022 | 10.54 | 10.54 | 10.54 | 10.54 | 0.042 times |
| 20 Thu Oct 2022 | 11.09 | 10.35 | 11.09 | 10.35 | 0.597 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 |
| 02 Fri Dec 2022 | 7.22 | 6.88 | 7.22 | 6.88 | 0.002 times |
| 30 Wed Nov 2022 | 6.56 | 10.54 | 10.54 | 6.00 | 3777.5 times |
| 20 Thu Oct 2022 | 11.09 | 11.09 | 11.09 | 11.09 | 0 times |
| 20 Tue Sep 2022 | 11.09 | 10.24 | 13.05 | 10.24 | 0.591 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 32, 48, 20 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 36 | None |
| CCI | 48 | Buy |
| RSI | 56 | Buy |
| OBV | -22791 | Sell |
| VWAP | 7 | Buy |
| ADL | 0 | Sell |
| ROC | -12 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Shree Mfg ( (ShreeMfg) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shree Mfg ( (ShreeMfg) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Shree Mfg ( (ShreeMfg) ) 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 Shree Mfg ( (ShreeMfg) ) 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 Shree Mfg stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shree Mfg in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shree Mfg Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Shree Mfg is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.04 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 falling down
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 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.
Click here for Shree Mfg charts
Click here for further forecast and predictions for tomorrow