(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 2022-11-28 View latest technical analysis
10 day averaged volume of Hemang is 16279
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 53.95 | 53.55 | 53.95 | 52.45 | 0.985 times |
| 25 Fri Nov 2022 | 51.40 | 51.55 | 52.70 | 49.30 | 1.111 times |
| 24 Thu Nov 2022 | 51.85 | 54.35 | 54.35 | 51.00 | 0.639 times |
| 23 Wed Nov 2022 | 52.85 | 50.35 | 52.85 | 50.10 | 0.857 times |
| 22 Tue Nov 2022 | 50.35 | 49.30 | 50.95 | 48.65 | 0.608 times |
| 21 Mon Nov 2022 | 49.65 | 52.30 | 52.30 | 47.65 | 0.89 times |
| 18 Fri Nov 2022 | 49.95 | 49.85 | 52.50 | 49.85 | 1.186 times |
| 17 Thu Nov 2022 | 52.45 | 55.50 | 57.90 | 52.45 | 1.342 times |
| 16 Wed Nov 2022 | 55.20 | 52.05 | 57.45 | 52.05 | 1.793 times |
| 15 Tue Nov 2022 | 54.75 | 57.60 | 57.60 | 54.75 | 0.66 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 51.6 as stoploss in an intra day buy trade for a target of 57.15. However, stock will show a bearish move below 51.6.
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 | 46.80 |
| Downside Target | 48.95 |
| Downside Target | 51.60 |
| Downside Target | 53.95 |
| Upside Target | 56.10 |
| Upside Target | 60.00 |
| Upside Target | 67.65 |
| Upside Target | 75.80 |
| Upside Target | 80.90 |
Intraday share price targets for Hemang (Hemang)
| Target Type | Value |
| Downside Intraday Target | 52.95 |
| Downside Intraday Target | 51.95 |
| Upside Intraday Target | 54.45 |
| Upside Intraday Target | 54.95 |
| Downside Intraday Target | 53.45 |
Weekly technical analysis of Hemang (Hemang)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 53.95 | 53.55 | 53.95 | 52.45 | 0.24 times |
| 25 Fri Nov 2022 | 51.40 | 52.30 | 54.35 | 47.65 | 0.697 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 |
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 |
| 28 Mon Nov 2022 | 53.95 | 68.95 | 75.80 | 47.65 | 0.988 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, 0 | Sell |
| MACD | 1, 2 | Sell |
| Stochastics | 39 | None |
| CCI | 39 | Buy |
| RSI | 59 | Buy |
| OBV | -302954 | Sell |
| VWAP | 52 | Buy |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Hemang Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.
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
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 52.45 and Hemang (Hemang) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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