(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 2022-11-23 View latest technical analysis
10 day averaged volume of Hemang is 17792
|Date||Daily Closing Price||Open||High||Low||Volume|
|23 Wed Nov 2022||52.85||50.35||52.85||50.10||0.785 times|
|22 Tue Nov 2022||50.35||49.30||50.95||48.65||0.557 times|
|21 Mon Nov 2022||49.65||52.30||52.30||47.65||0.815 times|
|18 Fri Nov 2022||49.95||49.85||52.50||49.85||1.085 times|
|17 Thu Nov 2022||52.45||55.50||57.90||52.45||1.228 times|
|16 Wed Nov 2022||55.20||52.05||57.45||52.05||1.64 times|
|15 Tue Nov 2022||54.75||57.60||57.60||54.75||0.604 times|
|14 Mon Nov 2022||57.60||59.10||60.00||57.60||0.835 times|
|11 Fri Nov 2022||60.60||64.40||64.40||60.00||1.15 times|
|10 Thu Nov 2022||62.40||64.95||64.95||61.45||0.564 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 52.2 as stoploss in an intra day buy trade for a target of 58.59. However, stock will show a bearish move below 52.2.
Share price targets for Hemang (Hemang)
Intraday share price targets for Hemang (Hemang)
|Downside Intraday Target||49.38|
|Downside Intraday Target||45.92|
|Upside Intraday Target||54.58|
|Upside Intraday Target||56.32|
|Downside Intraday Target||51.12|
Weekly technical analysis of Hemang (Hemang)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|23 Wed Nov 2022||52.85||52.30||52.85||47.65||0.4 times|
|18 Fri Nov 2022||49.95||59.10||60.00||49.85||0.839 times|
|11 Fri Nov 2022||60.60||67.65||67.65||60.00||0.332 times|
|04 Fri Nov 2022||64.45||77.85||80.90||56.10||2.038 times|
|28 Fri Oct 2022||73.55||44.00||73.55||43.20||4.907 times|
Price has moved up 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|
|23 Wed Nov 2022||52.85||68.95||75.80||47.65||0.889 times|
|31 Mon Oct 2022||68.95||46.05||80.90||40.00||1.98 times|
|30 Fri Sep 2022||44.70||39.70||46.80||38.70||0.556 times|
|30 Tue Aug 2022||40.85||36.50||48.95||33.50||1.399 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||23, 25, 6||Sell|
Price action analysis of Hemang ( (Hemang) ) based on a short 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 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 to mid 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 mid to longer term time period is
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 below 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 54.54 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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