(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 2022-12-02 View latest technical analysis
10 day averaged volume of Hemang is 17047
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Dec 2022 | 55.80 | 59.00 | 59.80 | 54.45 | 1.258 times |
| 01 Thu Dec 2022 | 57.00 | 54.75 | 57.45 | 54.00 | 2.019 times |
| 30 Wed Nov 2022 | 54.75 | 57.90 | 57.90 | 53.80 | 0.903 times |
| 29 Tue Nov 2022 | 56.60 | 55.05 | 56.60 | 55.05 | 1.083 times |
| 28 Mon Nov 2022 | 53.95 | 53.55 | 53.95 | 52.45 | 0.94 times |
| 25 Fri Nov 2022 | 51.40 | 51.55 | 52.70 | 49.30 | 1.061 times |
| 24 Thu Nov 2022 | 51.85 | 54.35 | 54.35 | 51.00 | 0.611 times |
| 23 Wed Nov 2022 | 52.85 | 50.35 | 52.85 | 50.10 | 0.819 times |
| 22 Tue Nov 2022 | 50.35 | 49.30 | 50.95 | 48.65 | 0.581 times |
| 21 Mon Nov 2022 | 49.65 | 52.30 | 52.30 | 47.65 | 0.85 times |
My analysis of stock is bearish for shortterm, and stock might move down till 51.4 or till 46.1. Use a stoploss of 55.81 and if the stock hits stoploss, then it can shoot up till 60.25
Share price targets for Hemang (Hemang)
| Target Type | Value |
| Downside Target | 33.50 |
| Downside Target | 38.70 |
| Downside Target | 40.00 |
| Downside Target | 46.80 |
| Downside Target | 48.95 |
| Downside Target | 52.45 |
| Downside Target | 54.00 |
| Upside Target | 56.10 |
| Upside Target | 59.80 |
| 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 | 52.23 |
| Downside Intraday Target | 48.67 |
| Upside Intraday Target | 59.58 |
| Upside Intraday Target | 63.37 |
| Upside Intraday Target | 56.02 |
Weekly technical analysis of Hemang (Hemang)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Dec 2022 | 55.80 | 53.55 | 59.80 | 52.45 | 1.582 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Hemang (Hemang)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Fri Dec 2022 | 55.80 | 54.75 | 59.80 | 54.00 | 0.117 times |
| 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 |
Scroll below to view daily charts
Price has moved up 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, 16, 29 | Buy |
| MACD | 2, 2 | Buy |
| Stochastics | 76 | Buy |
| CCI | 100 | Buy |
| RSI | 59 | Buy |
| OBV | -52854 | Sell |
| VWAP | 54 | Buy |
| ADL | 0 | Sell |
| ROC | 12 | Buy |
| 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Hemang in short term and the buy signal is strong.
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 tired and bears 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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 54.09 and Hemang (Hemang) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Hemang (Hemang) stock. Volume based technical analysis of Hemang (Hemang) stock is negative.
Hemang Stock is giving positive 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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