(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 2022-12-06 View latest technical analysis
10 day averaged volume of Hemang is 17210
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Dec 2022 | 54.70 | 58.90 | 58.90 | 54.00 | 0.834 times |
| 05 Mon Dec 2022 | 56.40 | 56.95 | 58.55 | 55.50 | 0.813 times |
| 02 Fri Dec 2022 | 55.80 | 59.00 | 59.80 | 54.45 | 1.246 times |
| 01 Thu Dec 2022 | 57.00 | 54.75 | 57.45 | 54.00 | 2 times |
| 30 Wed Nov 2022 | 54.75 | 57.90 | 57.90 | 53.80 | 0.895 times |
| 29 Tue Nov 2022 | 56.60 | 55.05 | 56.60 | 55.05 | 1.073 times |
| 28 Mon Nov 2022 | 53.95 | 53.55 | 53.95 | 52.45 | 0.932 times |
| 25 Fri Nov 2022 | 51.40 | 51.55 | 52.70 | 49.30 | 1.05 times |
| 24 Thu Nov 2022 | 51.85 | 54.35 | 54.35 | 51.00 | 0.605 times |
| 23 Wed Nov 2022 | 52.85 | 50.35 | 52.85 | 50.10 | 0.811 times |
My analysis of stock is bearish for shortterm, and stock might move down till 51.4 or till 46.9. Use a stoploss of 55.05 and if the stock hits stoploss, then it can shoot up till 58.74
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 | 58.90 |
| 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 | 52.83 |
| Downside Intraday Target | 50.97 |
| Upside Intraday Target | 57.73 |
| Upside Intraday Target | 60.77 |
| Upside Intraday Target | 55.87 |
Weekly technical analysis of Hemang (Hemang)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Dec 2022 | 54.70 | 56.95 | 58.90 | 54.00 | 0.268 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 down 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 |
| 06 Tue Dec 2022 | 54.70 | 54.75 | 59.80 | 54.00 | 0.177 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 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 | 23, 17, 17 | Buy |
| MACD | 2, 2 | Sell |
| Stochastics | 63 | None |
| CCI | 45 | Sell |
| RSI | 58 | Buy |
| OBV | -85121 | Sell |
| VWAP | 55 | Sell |
| ADL | 0 | Sell |
| ROC | 9 | 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a SELL signal for Hemang in short term but the sell signal is initial and weak.
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. 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 SELL signal for Hemang in short term but SELL signal is weak.
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 54.9 and Hemang (Hemang) stock is trading below this level. This means that stock is falling with high volumes. 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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