(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 2022-12-05 View latest technical analysis
10 day averaged volume of Hemang is 17260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Dec 2022 | 56.40 | 56.95 | 58.55 | 55.50 | 0.811 times |
| 02 Fri Dec 2022 | 55.80 | 59.00 | 59.80 | 54.45 | 1.242 times |
| 01 Thu Dec 2022 | 57.00 | 54.75 | 57.45 | 54.00 | 1.994 times |
| 30 Wed Nov 2022 | 54.75 | 57.90 | 57.90 | 53.80 | 0.892 times |
| 29 Tue Nov 2022 | 56.60 | 55.05 | 56.60 | 55.05 | 1.069 times |
| 28 Mon Nov 2022 | 53.95 | 53.55 | 53.95 | 52.45 | 0.929 times |
| 25 Fri Nov 2022 | 51.40 | 51.55 | 52.70 | 49.30 | 1.047 times |
| 24 Thu Nov 2022 | 51.85 | 54.35 | 54.35 | 51.00 | 0.603 times |
| 23 Wed Nov 2022 | 52.85 | 50.35 | 52.85 | 50.10 | 0.809 times |
| 22 Tue Nov 2022 | 50.35 | 49.30 | 50.95 | 48.65 | 0.574 times |
My analysis of stock is bullish for shortterm, and stock might move up till 59.4 or till 64.2. Use a stoploss of 55.41 and if this stock hits its stoploss, then it can fall down till 51.44
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 |
| Downside Target | 55.50 |
| Upside Target | 58.55 |
| 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 | 55.08 |
| Downside Intraday Target | 53.77 |
| Upside Intraday Target | 58.13 |
| Upside Intraday Target | 59.87 |
| Upside Intraday Target | 56.82 |
Weekly technical analysis of Hemang (Hemang)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Dec 2022 | 56.40 | 56.95 | 58.55 | 55.50 | 0.132 times |
| 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 |
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 |
| 05 Mon Dec 2022 | 56.40 | 54.75 | 59.80 | 54.00 | 0.147 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 | 27, 15, 28 | Buy |
| MACD | 2, 2 | Buy |
| Stochastics | 76 | Buy |
| CCI | 84 | Buy |
| RSI | 58 | Buy |
| OBV | -59714 | Sell |
| VWAP | 55 | Buy |
| ADL | 0 | Sell |
| ROC | 14 | 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 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 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 losing 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 stronger in this stock.
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 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 54.65 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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