(ShreeRama) Shree Rama complete technical analysis [charts+indicators] | Buy/Sell Shree Rama | (ShreeRama) share price targets
Complete technical analysis of Shree Rama (ShreeRama) by charts plus indicators, forecast predictions and share price targets for Shree Rama (ShreeRama)
Showing technical analysis as on 2022-05-17 View latest technical analysis
10 day averaged volume of Shree Rama is 12061
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||13.50||13.15||13.50||13.05||0.275 times|
|16 Mon May 2022||12.90||12.55||12.90||12.55||0.824 times|
|13 Fri May 2022||12.30||12.10||12.80||12.00||1.625 times|
|12 Thu May 2022||12.35||12.60||12.70||12.35||0.579 times|
|11 Wed May 2022||13.00||13.50||13.95||12.85||0.772 times|
|10 Tue May 2022||13.50||14.00||14.00||13.45||1.013 times|
|09 Mon May 2022||14.00||14.25||14.50||14.00||0.717 times|
|06 Fri May 2022||14.45||14.00||14.70||13.60||0.587 times|
|05 Thu May 2022||14.15||14.40||14.75||14.05||0.629 times|
|04 Wed May 2022||14.05||15.05||15.20||14.05||1.433 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 12.9 as stoploss in an intra day buy trade for a target of 14.41. However, stock will show a bearish move below 12.9.
Share price targets for Shree Rama (ShreeRama)
Intraday share price targets for Shree Rama (ShreeRama)
|Downside Intraday Target||12.87|
|Downside Intraday Target||12.23|
|Upside Intraday Target||13.82|
|Upside Intraday Target||14.13|
|Downside Intraday Target||13.18|
Weekly technical analysis of Shree Rama (ShreeRama)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||13.50||12.55||13.50||12.55||0.234 times|
|13 Fri May 2022||12.30||14.25||14.50||12.00||1.053 times|
|06 Fri May 2022||14.45||15.00||15.35||13.60||0.209 times|
|29 Fri Apr 2022||15.51||14.55||18.07||14.55||2.901 times|
|22 Fri Apr 2022||14.94||13.92||14.94||13.28||2.448 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 Shree Rama (ShreeRama)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||13.50||15.00||15.35||12.00||0.267 times|
|29 Fri Apr 2022||15.51||13.60||18.07||13.10||1.748 times|
|31 Thu Mar 2022||13.15||12.61||15.45||11.95||0.877 times|
|28 Mon Feb 2022||13.00||15.25||16.80||12.45||0.11 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 Shree Rama (ShreeRama)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||22, 37, 25||Sell|
Price action analysis of Shree Rama ( (ShreeRama) ) based on a short 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 Shree Rama ( (ShreeRama) ) based on a short 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 Shree Rama ( (ShreeRama) ) 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 Shree Rama ( (ShreeRama) ) based on a mid to longer term time period is
ADX buy sell signal for Shree Rama stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Shree Rama in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shree Rama Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shree Rama in short term but BUY 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Shree Rama is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.34 and Shree Rama (ShreeRama) 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 Shree Rama (ShreeRama) stock. Volume based technical analysis of Shree Rama (ShreeRama) stock is negative.
Shree Rama 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.