(ChoksiImag) Choksi Imag complete technical analysis [charts+indicators] | Buy/Sell Choksi Imag | (ChoksiImag) share price targets
Complete technical analysis of Choksi Imag (ChoksiImag) by charts plus indicators, forecast predictions and share price targets for Choksi Imag (ChoksiImag)
Showing technical analysis as on 2022-11-04 View latest technical analysis
10 day averaged volume of Choksi Imag is 62092
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 49.50 | 53.50 | 53.50 | 49.00 | 0.052 times |
| 03 Thu Nov 2022 | 51.50 | 52.75 | 52.75 | 50.00 | 0.064 times |
| 02 Wed Nov 2022 | 50.95 | 53.60 | 55.95 | 50.95 | 0.107 times |
| 01 Tue Nov 2022 | 53.60 | 56.00 | 56.00 | 53.60 | 0.077 times |
| 31 Mon Oct 2022 | 54.70 | 56.00 | 56.00 | 52.20 | 0.024 times |
| 28 Fri Oct 2022 | 54.90 | 55.90 | 55.90 | 53.25 | 0.085 times |
| 27 Thu Oct 2022 | 53.90 | 52.30 | 55.70 | 52.00 | 0.019 times |
| 25 Tue Oct 2022 | 53.45 | 54.95 | 54.95 | 51.30 | 0.06 times |
| 24 Mon Oct 2022 | 53.35 | 54.50 | 55.00 | 52.25 | 0.392 times |
| 21 Fri Oct 2022 | 54.50 | 51.95 | 56.20 | 50.95 | 9 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 48 as stoploss in an intra day buy trade for a target of 51.02. However, stock will show a bearish move below 48.
Share price targets for Choksi Imag (ChoksiImag)
| Target Type | Value |
| Downside Target | 28.00 |
| Downside Target | 32.40 |
| Downside Target | 39.00 |
| Downside Target | 40.90 |
| Downside Target | 44.50 |
| Downside Target | 46.35 |
| Downside Target | 49.00 |
| Upside Target | 50.00 |
| Upside Target | 54.90 |
| Upside Target | 55.90 |
| Upside Target | 56.00 |
| Upside Target | 56.55 |
Intraday share price targets for Choksi Imag (ChoksiImag)
| Target Type | Value |
| Downside Intraday Target | 47 |
| Downside Intraday Target | 44.5 |
| Upside Intraday Target | 54 |
| Upside Intraday Target | 58.5 |
| Upside Intraday Target | 51.5 |
Weekly technical analysis of Choksi Imag (ChoksiImag)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 49.50 | 56.00 | 56.00 | 49.00 | 0.584 times |
| 28 Fri Oct 2022 | 54.90 | 54.50 | 55.90 | 51.30 | 0.057 times |
| 21 Fri Oct 2022 | 54.50 | 51.35 | 56.55 | 50.95 | 23.277 times |
| 14 Fri Oct 2022 | 46.65 | 49.45 | 51.05 | 44.50 | 3.201 times |
| 07 Fri Oct 2022 | 47.20 | 50.00 | 50.00 | 46.35 | 0.171 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 Choksi Imag (ChoksiImag)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 49.50 | 56.00 | 56.00 | 49.00 | 0.028 times |
| 31 Mon Oct 2022 | 54.70 | 50.00 | 56.55 | 44.50 | 1.902 times |
| 30 Fri Sep 2022 | 49.00 | 33.30 | 54.90 | 32.40 | 10.912 times |
| 30 Tue Aug 2022 | 33.65 | 34.50 | 39.00 | 28.00 | 2.054 times |
Scroll below to view daily charts
Price has moved down 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 Choksi Imag (ChoksiImag)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 13, 18, 18 | Sell |
| MACD | 4, 4 | Sell |
| Stochastics | 10 | Sell |
| CCI | -169 | Sell |
| RSI | 55 | Buy |
| OBV | 546469 | Sell |
| VWAP | 54 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Choksi Imag ( (ChoksiImag) ) based on a short 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 Choksi Imag ( (ChoksiImag) ) based on a short 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 Choksi Imag ( (ChoksiImag) ) based on a short to mid term time period is
Price action analysis of Choksi Imag ( (ChoksiImag) ) 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 Choksi Imag stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Choksi Imag in short term but the sell signal is initial and weak.
Choksi Imag Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Choksi Imag in short term and SELL 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 Choksi Imag is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 54.36 and Choksi Imag (ChoksiImag) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Choksi Imag (ChoksiImag) stock. Volume based technical analysis of Choksi Imag (ChoksiImag) stock is negative.
Choksi Imag 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.
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