(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 2022-11-30 View latest technical analysis
10 day averaged volume of Hemang is 17167
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Wed Nov 2022 | 54.75 | 57.90 | 57.90 | 53.80 | 0.897 times |
| 29 Tue Nov 2022 | 56.60 | 55.05 | 56.60 | 55.05 | 1.075 times |
| 28 Mon Nov 2022 | 53.95 | 53.55 | 53.95 | 52.45 | 0.934 times |
| 25 Fri Nov 2022 | 51.40 | 51.55 | 52.70 | 49.30 | 1.053 times |
| 24 Thu Nov 2022 | 51.85 | 54.35 | 54.35 | 51.00 | 0.606 times |
| 23 Wed Nov 2022 | 52.85 | 50.35 | 52.85 | 50.10 | 0.813 times |
| 22 Tue Nov 2022 | 50.35 | 49.30 | 50.95 | 48.65 | 0.577 times |
| 21 Mon Nov 2022 | 49.65 | 52.30 | 52.30 | 47.65 | 0.844 times |
| 18 Fri Nov 2022 | 49.95 | 49.85 | 52.50 | 49.85 | 1.125 times |
| 17 Thu Nov 2022 | 52.45 | 55.50 | 57.90 | 52.45 | 1.273 times |
My analysis of stock is bearish for shortterm, and stock might move down till 51.5 or till 46. Use a stoploss of 56.16 and if the stock hits stoploss, then it can shoot up till 60.79
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 | 54.35 |
| Upside Target | 56.10 |
| Upside Target | 57.90 |
| 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 | 52.17 |
| Downside Intraday Target | 49.58 |
| Upside Intraday Target | 57.62 |
| Upside Intraday Target | 60.48 |
| Upside Intraday Target | 55.03 |
Weekly technical analysis of Hemang (Hemang)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Wed Nov 2022 | 54.75 | 53.55 | 57.90 | 52.45 | 0.746 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 |
| 30 Wed Nov 2022 | 54.75 | 68.95 | 75.80 | 47.65 | 1.064 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 | 29, 20, 19 | Buy |
| MACD | 1, 2 | Sell |
| Stochastics | 73 | Buy |
| CCI | 108 | Sell |
| RSI | 59 | Buy |
| OBV | -182467 | Sell |
| VWAP | 52 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL 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
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 52.49 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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