(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 2022-06-16 View latest technical analysis
10 day averaged volume of Hemang is 25829
|Date||Daily Closing Price||Open||High||Low||Volume|
|16 Thu Jun 2022||59.95||59.95||59.95||59.95||0.081 times|
|15 Wed Jun 2022||63.10||69.70||69.70||63.10||1.245 times|
|14 Tue Jun 2022||66.40||66.40||66.40||66.30||0.652 times|
|13 Mon Jun 2022||63.25||63.25||63.25||62.50||1.317 times|
|10 Fri Jun 2022||60.25||54.55||60.25||54.55||1.394 times|
|09 Thu Jun 2022||57.40||57.35||57.40||52.00||4.324 times|
|08 Wed Jun 2022||54.70||54.70||54.70||54.70||0.13 times|
|07 Tue Jun 2022||52.10||52.10||52.10||52.10||0.453 times|
|06 Mon Jun 2022||49.65||49.65||49.65||49.65||0.219 times|
|03 Fri Jun 2022||47.30||47.30||47.30||47.30||0.106 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.6, but if it comes below 58.6, then a intra day sell could be more profitable.
If you take a sell trade below 58.6, then use 58.6 as stoploss and 48.79 as target. However if you take a buy trade in stock , then use 58.6 as stoploss and 70.4 as target.
Share price targets for Hemang (Hemang)
Intraday share price targets for Hemang (Hemang)
|Downside Intraday Target||56.7|
|Downside Intraday Target||53.45|
|Upside Intraday Target||66.45|
|Upside Intraday Target||72.95|
|Upside Intraday Target||63.2|
Weekly technical analysis of Hemang (Hemang)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|16 Thu Jun 2022||59.95||63.25||69.70||59.95||0.505 times|
|10 Fri Jun 2022||60.25||49.65||60.25||49.65||18.243 times|
|03 Fri Jun 2022||47.30||39.00||47.30||39.00||0.178 times|
|27 Fri May 2022||37.15||41.25||41.25||33.65||13.925 times|
|20 Fri May 2022||43.40||53.20||53.20||43.40||0.622 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|
|16 Thu Jun 2022||59.95||42.95||69.70||42.95||3.006 times|
|31 Tue May 2022||40.95||69.00||72.45||33.65||0.359 times|
|29 Fri Apr 2022||65.75||27.65||65.75||27.65||1.922 times|
|31 Thu Mar 2022||26.35||9.99||26.35||9.99||5.952 times|
Scroll below to view daily charts
Price has moved up 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||52, 26, 33||Buy|
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 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 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 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 Hemang stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Hemang in short term and the buy signal is strong.
Hemang Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Hemang in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 59.35 and Hemang (Hemang) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.