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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)

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)

Target Type Value
Downside Target 5.88
Downside Target 9.52
Downside Target 9.99
Downside Target 26.35
Downside Target 27.65
Downside Target 33.65
Downside Target 39.00
Downside Target 41.25
Downside Target 42.95
Downside Target 47.30
Downside Target 49.65
Downside Target 53.20
Downside Target 59.95
Upside Target 65.75
Upside Target 69.70
Upside Target 72.45

Intraday share price targets for Hemang (Hemang)

Target Type Value
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
MACD 9, 6Buy
Stochastics 77Buy
CCI 34Sell
RSI 54Buy
OBV 239038Sell
VWAP 59Buy
ADL 0Sell
ROC 33Buy
Force Index 0Sell

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.

Click here for Hemang charts

Click here for further forecast and predictions for tomorrow

Daily charts

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