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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)

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, 2Sell
Stochastics 39None
CCI 39Buy
RSI 59Buy
OBV -302954Sell
VWAP 52Buy
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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.

Click here for Hemang charts

Click here for further forecast and predictions for tomorrow

Daily charts

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