Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 17255

Date Daily Closing Price Open High Low Volume
09 Fri Dec 2022 52.40 56.00 56.00 51.00 0.416 times
08 Thu Dec 2022 54.40 50.65 55.50 50.65 0.824 times
07 Wed Dec 2022 52.90 56.50 56.50 52.35 0.357 times
06 Tue Dec 2022 54.70 58.90 58.90 54.00 0.832 times
05 Mon Dec 2022 56.40 56.95 58.55 55.50 0.811 times
02 Fri Dec 2022 55.80 59.00 59.80 54.45 1.243 times
01 Thu Dec 2022 57.00 54.75 57.45 54.00 1.995 times
30 Wed Nov 2022 54.75 57.90 57.90 53.80 0.892 times
29 Tue Nov 2022 56.60 55.05 56.60 55.05 1.07 times
28 Mon Nov 2022 53.95 53.55 53.95 52.45 0.929 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 51.4 as stoploss in an intra day buy trade for a target of 53.75. However, stock will show a bearish move below 51.4.

Share price targets for Hemang (Hemang)

Target Type Value
Downside Target 33.50
Downside Target 38.70
Downside Target 40.00
Downside Target 46.80
Downside Target 48.95
Upside Target 52.45
Upside Target 54.35
Upside Target 58.90
Upside Target 59.80
Upside Target 60.00
Upside Target 67.65
Upside Target 75.80
Upside Target 80.90

Intraday share price targets for Hemang (Hemang)

Target Type Value
Downside Intraday Target 49.07
Downside Intraday Target 45.73
Upside Intraday Target 57.32
Upside Intraday Target 62.23
Upside Intraday Target 53.98

Weekly technical analysis of Hemang (Hemang)

Date Weekly Closing Price Open High Low Volume
09 Fri Dec 2022 52.40 56.95 58.90 50.65 0.529 times
02 Fri Dec 2022 55.80 53.55 59.80 52.45 1.582 times
25 Fri Nov 2022 51.40 52.30 54.35 47.65 0.697 times
18 Fri Nov 2022 49.95 59.10 60.00 49.85 0.839 times
11 Fri Nov 2022 60.60 67.65 67.65 60.00 0.332 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
09 Fri Dec 2022 52.40 54.75 59.80 50.65 0.235 times
30 Wed Nov 2022 54.75 68.95 75.80 47.65 1.064 times
31 Mon Oct 2022 68.95 46.05 80.90 40.00 1.98 times
30 Fri Sep 2022 44.70 39.70 46.80 38.70 0.556 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)

Indicator Name Indicator Value Indicator Signal
ADX 17, 18, 3 Sell
MACD 1, 2Sell
Stochastics 34None
CCI -103Sell
RSI 56Buy
OBV -44571Sell
VWAP 55Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Hemang ( (Hemang) ) 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 Hemang ( (Hemang) ) 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 Hemang ( (Hemang) ) 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 Hemang ( (Hemang) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Hemang stock for short term is SELL. Signal strength is Weak and stock is losing 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.43 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Hemang charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme