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

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

10 day averaged volume of Hemang is 9066

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Nov 2023	36.96	39.25	39.25	36.00	1.711 times
28 Tue Nov 2023	38.48	38.60	40.00	38.02	0.715 times
24 Fri Nov 2023	39.74	38.60	40.50	38.60	0.8 times
23 Thu Nov 2023	39.25	39.05	40.00	38.50	0.781 times
22 Wed Nov 2023	39.11	38.27	40.00	38.27	1.37 times
21 Tue Nov 2023	39.60	38.00	39.95	38.00	1.855 times
20 Mon Nov 2023	38.46	38.16	38.50	36.80	0.623 times
17 Fri Nov 2023	37.41	38.50	38.94	37.10	0.891 times
16 Thu Nov 2023	38.33	38.05	38.50	37.31	0.797 times
15 Wed Nov 2023	37.30	37.69	38.50	36.74	0.538 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 37.5, but if it comes above 37.5, then a intra day buy could be more profitable.
If you take a sell trade below 37.5, then use 37.5 as stoploss and 36.1 as target. However if you take a buy trade in stock , then use 37.5 as stoploss and 38.58 as target.

Share price targets for Hemang (Hemang)

Target Type	Value
Downside Target	30.99
Downside Target	35.08
Downside Target	36.00
Upside Target	39.43
Upside Target	40.30
Upside Target	40.50
Upside Target	40.99
Upside Target	41.85
Upside Target	41.95
Upside Target	42.50
Upside Target	43.28

Intraday share price targets for Hemang (Hemang)

Target Type	Value
Downside Intraday Target	35.31
Downside Intraday Target	33.65
Upside Intraday Target	39.31
Upside Intraday Target	41.65
Upside Intraday Target	37.65

Weekly technical analysis of Hemang (Hemang)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Nov 2023	36.96	38.60	40.00	36.00	0.447 times
24 Fri Nov 2023	39.74	38.16	40.50	36.80	1.165 times
17 Fri Nov 2023	37.41	37.30	40.30	35.08	0.958 times
10 Fri Nov 2023	37.21	40.00	41.95	36.25	0.425 times
03 Fri Nov 2023	39.99	36.80	43.28	36.80	5.495 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 Hemang (Hemang)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed Nov 2023	36.96	41.58	42.50	35.08	1.143 times
31 Tue Oct 2023	40.76	37.39	43.28	30.99	1.453 times
29 Fri Sep 2023	35.62	36.75	39.43	35.24	1.06 times
31 Thu Aug 2023	37.50	39.35	40.99	36.00	0.941 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 Hemang (Hemang)

Price action analysis of Hemang ( (Hemang) ) 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 Hemang ( (Hemang) ) 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 Hemang ( (Hemang) ) based on a short to mid 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 Hemang ( (Hemang) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Hemang stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Hemang in short term but the sell signal is initial and weak.

Hemang 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. Bulls are getting tired and bears are picking up momentum.

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 Hemang 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Hemang is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 38.5 and Hemang (Hemang) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Hemang (Hemang) stock. Volume based technical analysis of Hemang (Hemang) stock is negative.

Hemang 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.