(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 2022-06-24 View latest technical analysis
10 day averaged volume of Hemang is 19313
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri Jun 2022 | 53.85 | 53.85 | 53.85 | 53.85 | 0.559 times |
| 23 Thu Jun 2022 | 51.30 | 46.50 | 51.30 | 46.50 | 3.373 times |
| 22 Wed Jun 2022 | 48.90 | 48.90 | 48.90 | 48.90 | 0.076 times |
| 21 Tue Jun 2022 | 51.45 | 51.45 | 51.45 | 51.45 | 0.075 times |
| 20 Mon Jun 2022 | 54.15 | 54.15 | 54.15 | 54.15 | 0.06 times |
| 17 Fri Jun 2022 | 57.00 | 57.00 | 57.00 | 57.00 | 0.142 times |
| 16 Thu Jun 2022 | 59.95 | 59.95 | 59.95 | 59.95 | 0.108 times |
| 15 Wed Jun 2022 | 63.10 | 69.70 | 69.70 | 63.10 | 1.666 times |
| 14 Tue Jun 2022 | 66.40 | 66.40 | 66.40 | 66.30 | 0.873 times |
| 13 Mon Jun 2022 | 63.25 | 63.25 | 63.25 | 62.50 | 1.762 times |
My analysis of stock is bullish for shortterm, and stock might move up till 60.4 or till 69.3. Use a stoploss of 52.94 and if this stock hits its stoploss, then it can fall down till 45.52
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 | 46.50 |
| Downside Target | 49.65 |
| Upside Target | 54.15 |
| Upside Target | 57.00 |
| Upside Target | 60.25 |
| Upside Target | 65.75 |
| Upside Target | 69.70 |
| Upside Target | 76.05 |
Intraday share price targets for Hemang (Hemang)
| Target Type | Value |
| Downside Intraday Target | 48.85 |
| Downside Intraday Target | 43.85 |
| Upside Intraday Target | 56.5 |
| Upside Intraday Target | 59.15 |
| Downside Intraday Target | 51.5 |
Weekly technical analysis of Hemang (Hemang)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri Jun 2022 | 53.85 | 54.15 | 54.15 | 46.50 | 0.91 times |
| 17 Fri Jun 2022 | 57.00 | 63.25 | 69.70 | 57.00 | 0.522 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 |
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 |
| 24 Fri Jun 2022 | 53.85 | 42.95 | 69.70 | 42.95 | 3.67 times |
| 31 Tue May 2022 | 40.95 | 69.00 | 76.05 | 33.65 | 0.387 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 | 37, 38, 2 | Sell |
| MACD | 4, 5 | Sell |
| Stochastics | 17 | Sell |
| CCI | -39 | Buy |
| RSI | 51 | Buy |
| OBV | 312152 | Sell |
| VWAP | 58 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Hemang in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 57.86 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.
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