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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)

10 day averaged volume of Hemang is 10172

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Jun 2023	41.19	42.10	43.39	39.71	2.704 times
31 Wed May 2023	41.61	41.16	42.48	40.28	1.101 times
30 Tue May 2023	42.39	43.00	43.90	42.39	2.197 times
29 Mon May 2023	44.62	42.51	44.62	42.51	1.98 times
26 Fri May 2023	42.50	43.78	44.70	42.00	0.805 times
25 Thu May 2023	43.60	42.56	43.80	42.55	0.191 times
24 Wed May 2023	43.49	44.39	44.39	42.55	0.311 times
23 Tue May 2023	43.29	43.95	43.95	41.60	0.581 times
22 Mon May 2023	42.99	45.89	45.89	42.46	1.449 times
19 Fri May 2023	44.69	45.09	45.48	44.35	0.897 times

Stock of Hemang (Hemang) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 40.9, for a target of 42.1 or 43.12

Share price targets for Hemang (Hemang)

Target Type	Value
Downside Target	39.08
Upside Target	43.39
Upside Target	44.62
Upside Target	45.50
Upside Target	45.89
Upside Target	45.99
Upside Target	48.00
Upside Target	49.30
Upside Target	58.11
Upside Target	95.10

Intraday share price targets for Hemang (Hemang)

Target Type	Value
Downside Intraday Target	39.06
Downside Intraday Target	36.93
Upside Intraday Target	43.97
Upside Intraday Target	46.75
Upside Intraday Target	41.84

Weekly technical analysis of Hemang (Hemang)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Jun 2023	41.19	42.51	44.62	39.71	2.393 times
26 Fri May 2023	42.50	45.89	45.89	41.60	0.759 times
19 Fri May 2023	44.69	42.50	45.99	41.38	0.836 times
12 Fri May 2023	42.48	45.50	45.50	40.51	0.727 times
05 Fri May 2023	43.85	43.84	43.87	41.06	1.452 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Hemang (Hemang)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Thu Jun 2023	41.19	42.10	43.39	39.71	0.106 times
31 Wed May 2023	41.61	43.84	45.99	40.28	1.72 times
28 Fri Apr 2023	42.98	46.55	48.00	41.00	0.283 times
31 Fri Mar 2023	46.04	58.11	58.11	39.08	1.187 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)

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Hemang ( (Hemang) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 losing momentum.

MACD generated a SELL signal for Hemang in short term and the sell signal is strong.

Hemang Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and the buying is gaining 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 42.75 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.