(ShardaMotor) Sharda Motor complete technical analysis [charts+indicators] | Buy/Sell Sharda Motor | (ShardaMotor) share price targets
Complete technical analysis of Sharda Motor (ShardaMotor) by charts plus indicators, forecast predictions and share price targets for Sharda Motor (ShardaMotor)
10 day averaged volume of Sharda Motor is 1886
Date | Daily Closing Price | Open | High | Low | Volume |
24 Fri Mar 2023 | 580.60 | 591.35 | 593.00 | 577.30 | 0.53 times |
23 Thu Mar 2023 | 593.20 | 589.55 | 598.10 | 584.30 | 0.236 times |
22 Wed Mar 2023 | 588.45 | 587.40 | 593.30 | 583.60 | 0.609 times |
21 Tue Mar 2023 | 584.55 | 573.15 | 592.00 | 573.15 | 0.679 times |
20 Mon Mar 2023 | 576.05 | 591.50 | 611.00 | 569.50 | 1.122 times |
17 Fri Mar 2023 | 604.80 | 613.10 | 613.10 | 601.65 | 1.055 times |
16 Thu Mar 2023 | 601.15 | 610.25 | 613.95 | 590.55 | 0.749 times |
15 Wed Mar 2023 | 604.15 | 615.75 | 621.90 | 600.00 | 0.815 times |
14 Tue Mar 2023 | 605.85 | 616.00 | 622.10 | 603.00 | 0.408 times |
13 Mon Mar 2023 | 610.80 | 630.75 | 648.90 | 608.10 | 3.328 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 588.2, but if it comes above 588.2, then a intra day buy could be more profitable.
If you take a sell trade below 588.2, then use 588.2 as stoploss and 573.9 as target. However if you take a buy trade in stock , then use 588.2 as stoploss and 600.07 as target.
Share price targets for Sharda Motor (ShardaMotor)
Target Type | Value |
Downside Target | 569.50 |
Upside Target | 587.20 |
Upside Target | 611.00 |
Upside Target | 648.90 |
Upside Target | 663.40 |
Upside Target | 686.10 |
Upside Target | 703.80 |
Upside Target | 734.25 |
Upside Target | 744.05 |
Upside Target | 778.85 |
Upside Target | 830.35 |
Upside Target | 859.35 |
Intraday share price targets for Sharda Motor (ShardaMotor)
Target Type | Value |
Downside Intraday Target | 563.07 |
Downside Intraday Target | 545.53 |
Upside Intraday Target | 604.57 |
Upside Intraday Target | 628.53 |
Upside Intraday Target | 587.03 |
Weekly technical analysis of Sharda Motor (ShardaMotor)
Date | Weekly Closing Price | Open | High | Low | Volume |
24 Fri Mar 2023 | 580.60 | 591.50 | 611.00 | 569.50 | 0.5 times |
17 Fri Mar 2023 | 604.80 | 630.75 | 648.90 | 590.55 | 2.141 times |
10 Fri Mar 2023 | 626.20 | 614.00 | 631.80 | 593.00 | 0.245 times |
03 Fri Mar 2023 | 601.75 | 618.05 | 619.95 | 587.20 | 6.722 times |
24 Fri Feb 2023 | 619.85 | 663.40 | 663.40 | 617.50 | 0.825 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 Sharda Motor (ShardaMotor)
Date | Monthly Closing Price | Open | High | Low | Volume |
24 Fri Mar 2023 | 580.60 | 610.00 | 648.90 | 569.50 | 2.078 times |
28 Tue Feb 2023 | 604.15 | 724.35 | 734.25 | 594.00 | 1.046 times |
31 Tue Jan 2023 | 723.75 | 737.00 | 778.85 | 703.80 | 0.448 times |
30 Fri Dec 2022 | 737.20 | 815.35 | 830.35 | 686.10 | 1.363 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Sharda Motor (ShardaMotor)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 12, 26, 37 | Sell |
MACD | -42, -43 | Buy |
Stochastics | 23 | Sell |
CCI | -83 | Sell |
RSI | 45 | Sell |
OBV | -24434 | Sell |
VWAP | 599 | Sell |
ADL | 0 | Sell |
ROC | -7 | Sell |
Force Index | 0 | Sell |
Price action analysis of Sharda Motor ( (ShardaMotor) ) based on a short 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 Sharda Motor ( (ShardaMotor) ) 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 Sharda Motor ( (ShardaMotor) ) 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 Sharda Motor ( (ShardaMotor) ) 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 Sharda Motor stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Sharda Motor in short term but the buy signal is initial and weak.
Sharda Motor 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sharda Motor in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Sharda Motor is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 599.09 and Sharda Motor (ShardaMotor) 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 Sharda Motor (ShardaMotor) stock. Volume based technical analysis of Sharda Motor (ShardaMotor) stock is negative.
Sharda Motor 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.
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