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(PorwalAuto) Porwal Auto complete technical analysis [charts+indicators] | Buy/Sell Porwal Auto | (PorwalAuto) share price targets

Complete technical analysis of Porwal Auto (PorwalAuto) by charts plus indicators, forecast predictions and share price targets for Porwal Auto (PorwalAuto)

Showing technical analysis as on 2024-05-23 View latest technical analysis

10 day averaged volume of Porwal Auto is 10251

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	54.88	55.00	56.20	53.37	2.481 times
22 Wed May 2024	55.74	57.21	57.21	54.99	0.784 times
21 Tue May 2024	56.09	53.35	59.98	53.35	1.394 times
18 Sat May 2024	57.82	59.00	59.00	57.82	0.047 times
17 Fri May 2024	57.82	57.82	59.25	57.82	0.218 times
16 Thu May 2024	57.82	56.80	59.41	56.80	0.887 times
15 Wed May 2024	56.47	56.10	57.10	55.50	1.398 times
14 Tue May 2024	56.23	55.25	57.98	55.25	0.713 times
13 Mon May 2024	55.00	61.45	62.00	52.61	2.521 times
10 Fri May 2024	57.09	58.00	60.68	56.01	0.594 times

Stock of Porwal Auto (PorwalAuto) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.6, but if it comes above 55.6, then a intra day buy could be more profitable.
If you take a sell trade below 55.6, then use 55.6 as stoploss and 51.9 as target. However if you take a buy trade in stock , then use 55.6 as stoploss and 58.66 as target.

Share price targets for Porwal Auto (PorwalAuto)

Target Type	Value
Downside Target	41.70
Downside Target	47.00
Downside Target	51.00
Downside Target	52.61
Upside Target	55.20
Upside Target	59.98
Upside Target	62.00
Upside Target	64.89
Upside Target	68.45
Upside Target	69.50
Upside Target	70.00
Upside Target	70.68

Intraday share price targets for Porwal Auto (PorwalAuto)

Target Type	Value
Downside Intraday Target	52.16
Downside Intraday Target	49.44
Upside Intraday Target	58.79
Upside Intraday Target	62.7
Upside Intraday Target	56.07

Weekly technical analysis of Porwal Auto (PorwalAuto)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	54.88	53.35	59.98	53.35	0.806 times
18 Sat May 2024	57.82	61.45	62.00	52.61	0.913 times
10 Fri May 2024	57.09	68.98	70.68	56.01	0.154 times
03 Fri May 2024	65.68	61.90	68.45	55.20	3.776 times
26 Fri Apr 2024	57.05	55.55	61.00	53.15	1.475 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 Porwal Auto (PorwalAuto)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Thu May 2024	54.88	64.80	70.68	52.61	0.575 times
30 Tue Apr 2024	62.93	53.44	64.89	51.00	1.32 times
28 Thu Mar 2024	50.90	65.98	70.00	47.14	0.269 times
29 Thu Feb 2024	65.04	55.60	69.50	47.00	2.54 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 Porwal Auto (PorwalAuto)

Price action analysis of Porwal Auto ( (PorwalAuto) ) 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 Porwal Auto ( (PorwalAuto) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Porwal Auto ( (PorwalAuto) ) 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 Porwal Auto ( (PorwalAuto) ) based on a mid to longer 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.

ADX buy sell signal for Porwal Auto stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Porwal Auto in short term and the sell signal is strong.

Porwal Auto Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Porwal Auto in short term and SELL signal is strong!

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 Porwal Auto is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.84 and Porwal Auto (PorwalAuto) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Porwal Auto (PorwalAuto) stock. Volume based technical analysis of Porwal Auto (PorwalAuto) stock is negative.

Porwal Auto Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.