(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 2022-11-24 View latest technical analysis
10 day averaged volume of Hemang is 16478
Date | Daily Closing Price | Open | High | Low | Volume |
24 Thu Nov 2022 | 51.85 | 54.35 | 54.35 | 51.00 | 0.632 times |
23 Wed Nov 2022 | 52.85 | 50.35 | 52.85 | 50.10 | 0.847 times |
22 Tue Nov 2022 | 50.35 | 49.30 | 50.95 | 48.65 | 0.601 times |
21 Mon Nov 2022 | 49.65 | 52.30 | 52.30 | 47.65 | 0.88 times |
18 Fri Nov 2022 | 49.95 | 49.85 | 52.50 | 49.85 | 1.172 times |
17 Thu Nov 2022 | 52.45 | 55.50 | 57.90 | 52.45 | 1.326 times |
16 Wed Nov 2022 | 55.20 | 52.05 | 57.45 | 52.05 | 1.771 times |
15 Tue Nov 2022 | 54.75 | 57.60 | 57.60 | 54.75 | 0.652 times |
14 Mon Nov 2022 | 57.60 | 59.10 | 60.00 | 57.60 | 0.902 times |
11 Fri Nov 2022 | 60.60 | 64.40 | 64.40 | 60.00 | 1.241 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 52.3, but if it comes above 52.3, then a intra day buy could be more profitable.
If you take a sell trade below 52.3, then use 52.3 as stoploss and 44.7 as target. However if you take a buy trade in stock , then use 52.3 as stoploss and 58.62 as target.
Share price targets for Hemang (Hemang)
Target Type | Value |
Downside Target | 33.50 |
Downside Target | 36.10 |
Downside Target | 38.70 |
Downside Target | 40.00 |
Downside Target | 43.20 |
Downside Target | 46.80 |
Downside Target | 48.95 |
Downside Target | 51.60 |
Upside Target | 54.35 |
Upside Target | 56.10 |
Upside Target | 60.00 |
Upside Target | 67.65 |
Upside Target | 73.55 |
Upside Target | 75.80 |
Upside Target | 80.90 |
Intraday share price targets for Hemang (Hemang)
Target Type | Value |
Downside Intraday Target | 48.22 |
Downside Intraday Target | 44.58 |
Upside Intraday Target | 54.92 |
Upside Intraday Target | 57.98 |
Downside Intraday Target | 51.28 |
Weekly technical analysis of Hemang (Hemang)
Date | Weekly Closing Price | Open | High | Low | Volume |
24 Thu Nov 2022 | 51.85 | 52.30 | 54.35 | 47.65 | 0.508 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 |
24 Thu Nov 2022 | 51.85 | 68.95 | 75.80 | 47.65 | 0.912 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 | 24, 24, 2 | Buy |
MACD | 1, 3 | Sell |
Stochastics | 24 | Sell |
CCI | -35 | Buy |
RSI | 57 | Buy |
OBV | -217960 | Sell |
VWAP | 54 | Sell |
ADL | 0 | Sell |
ROC | -17 | Sell |
Force Index | 0 | Sell |
Price action analysis of Hemang ( (Hemang) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. 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 coming down
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 53.89 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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