(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)
Showing technical analysis as on 2021-12-27 View latest technical analysis
10 day averaged volume of Hemang is 3824
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon Dec 2021 | 2.95 | 2.95 | 2.95 | 2.95 | 0.236 times |
| 23 Thu Dec 2021 | 3.10 | 3.10 | 3.10 | 3.10 | 0.209 times |
| 22 Wed Dec 2021 | 3.10 | 3.10 | 3.10 | 3.10 | 0 times |
| 21 Tue Dec 2021 | 3.10 | 3.10 | 3.10 | 3.10 | 0.157 times |
| 20 Mon Dec 2021 | 3.10 | 3.10 | 3.10 | 3.10 | 0.824 times |
| 17 Fri Dec 2021 | 3.10 | 3.10 | 3.10 | 3.10 | 0.001 times |
| 09 Thu Dec 2021 | 3.10 | 3.10 | 3.10 | 3.10 | 0.026 times |
| 08 Wed Dec 2021 | 3.10 | 3.09 | 3.10 | 3.09 | 5.946 times |
| 07 Tue Dec 2021 | 2.96 | 2.96 | 2.96 | 2.96 | 2.173 times |
| 06 Mon Dec 2021 | 2.96 | 2.95 | 2.96 | 2.95 | 0.523 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3, but if it comes above 3, then a intra day buy could be more profitable.
If you take a sell trade below 3, then use 3 as stoploss and 2.8 as target. However if you take a buy trade in stock , then use 3 as stoploss and 3.06 as target.
Share price targets for Hemang (Hemang)
| Target Type | Value |
| Downside Target | 2.90 |
| Upside Target | 3.05 |
| Upside Target | 3.10 |
| Upside Target | 3.20 |
| Upside Target | 3.67 |
| Upside Target | 4.74 |
| Upside Target | 4.75 |
| Upside Target | 4.80 |
Intraday share price targets for Hemang (Hemang)
| Target Type | Value |
| Downside Intraday Target | 2.95 |
| Downside Intraday Target | 2.95 |
| Downside Intraday Target | 2.95 |
| Downside Intraday Target | 2.95 |
| Upside Intraday Target | 2.95 |
Weekly technical analysis of Hemang (Hemang)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon Dec 2021 | 2.95 | 2.95 | 2.95 | 2.95 | 0.198 times |
| 23 Thu Dec 2021 | 3.10 | 3.10 | 3.10 | 3.10 | 0.137 times |
| 17 Fri Dec 2021 | 3.10 | 2.95 | 3.10 | 2.95 | 61.05 times |
| 01 Wed Dec 2021 | 2.95 | 2.95 | 2.95 | 2.95 | 0.505 times |
| 26 Fri Nov 2021 | 2.95 | 2.95 | 2.95 | 2.95 | 0.537 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 |
| 27 Mon Dec 2021 | 2.95 | 2.95 | 3.10 | 2.95 | 9.336 times |
| 26 Fri Nov 2021 | 2.95 | 3.05 | 3.05 | 2.90 | 0.101 times |
| 26 Tue Oct 2021 | 3.20 | 3.43 | 3.67 | 3.20 | 1.896 times |
| 29 Wed Sep 2021 | 3.43 | 4.52 | 4.74 | 3.09 | 35.226 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Hemang (Hemang)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 83, 100, 9 | Sell |
| MACD | -0, -0 | Buy |
| Stochastics | 67 | None |
| CCI | -117 | Sell |
| RSI | 48 | Sell |
| OBV | 22097 | Sell |
| VWAP | 3 | Sell |
| ADL | 0 | Sell |
| ROC | 0 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Hemang ( (Hemang) ) based on a short term time period is
Price action analysis of Hemang ( (Hemang) ) based on a short term time period is
Price action analysis of Hemang ( (Hemang) ) based on a short to mid 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 Hemang ( (Hemang) ) 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 Hemang stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Hemang in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 3.06 and Hemang (Hemang) 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 Hemang (Hemang) stock. Volume based technical analysis of Hemang (Hemang) stock is negative.
Hemang 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 further forecast and predictions for tomorrow