(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 2022-12-07 View latest technical analysis
10 day averaged volume of Hemang is 17654
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Dec 2022 | 52.90 | 56.50 | 56.50 | 52.35 | 0.349 times |
| 06 Tue Dec 2022 | 54.70 | 58.90 | 58.90 | 54.00 | 0.813 times |
| 05 Mon Dec 2022 | 56.40 | 56.95 | 58.55 | 55.50 | 0.793 times |
| 02 Fri Dec 2022 | 55.80 | 59.00 | 59.80 | 54.45 | 1.215 times |
| 01 Thu Dec 2022 | 57.00 | 54.75 | 57.45 | 54.00 | 1.95 times |
| 30 Wed Nov 2022 | 54.75 | 57.90 | 57.90 | 53.80 | 0.872 times |
| 29 Tue Nov 2022 | 56.60 | 55.05 | 56.60 | 55.05 | 1.046 times |
| 28 Mon Nov 2022 | 53.95 | 53.55 | 53.95 | 52.45 | 0.908 times |
| 25 Fri Nov 2022 | 51.40 | 51.55 | 52.70 | 49.30 | 1.024 times |
| 24 Thu Nov 2022 | 51.85 | 54.35 | 54.35 | 51.00 | 0.59 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 51.3 as stoploss in an intra day buy trade for a target of 54.56. However, stock will show a bearish move below 51.3.
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 | 52.35 |
| Upside Target | 54.35 |
| 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 | 50.53 |
| Downside Intraday Target | 48.17 |
| Upside Intraday Target | 57.08 |
| Upside Intraday Target | 61.27 |
| Upside Intraday Target | 54.72 |
Weekly technical analysis of Hemang (Hemang)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Dec 2022 | 52.90 | 56.95 | 58.90 | 52.35 | 0.326 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 |
| 07 Wed Dec 2022 | 52.90 | 54.75 | 59.80 | 52.35 | 0.19 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 | 21, 19, 5 | Buy |
| MACD | 1, 2 | Sell |
| Stochastics | 52 | None |
| CCI | -35 | Sell |
| RSI | 57 | Buy |
| OBV | -34538 | Sell |
| VWAP | 55 | Sell |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Hemang ( (Hemang) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Hemang ( (Hemang) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Hemang ( (Hemang) ) based on a short to mid 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 mid to longer term time period is
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 and SELL 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 55 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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