(Colorchips) Colorchips complete technical analysis [charts+indicators] | Buy/Sell Colorchips | (Colorchips) share price targets
Complete technical analysis of Colorchips (Colorchips) by charts plus indicators, forecast predictions and share price targets for Colorchips (Colorchips)
10 day averaged volume of Colorchips is 114493
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed Mar 2023 | 7.79 | 7.81 | 8.28 | 7.71 | 1.262 times |
| 21 Tue Mar 2023 | 8.10 | 8.37 | 8.43 | 7.98 | 0.791 times |
| 20 Mon Mar 2023 | 8.34 | 8.89 | 8.89 | 8.22 | 0.777 times |
| 17 Fri Mar 2023 | 8.65 | 8.50 | 8.75 | 8.50 | 0.431 times |
| 16 Thu Mar 2023 | 8.55 | 8.90 | 8.90 | 8.36 | 0.441 times |
| 15 Wed Mar 2023 | 8.70 | 8.46 | 8.90 | 8.20 | 0.67 times |
| 14 Tue Mar 2023 | 8.48 | 8.73 | 8.80 | 8.29 | 1.25 times |
| 13 Mon Mar 2023 | 8.72 | 8.55 | 9.24 | 8.55 | 1.184 times |
| 10 Fri Mar 2023 | 8.99 | 8.98 | 9.36 | 8.70 | 1.049 times |
| 09 Thu Mar 2023 | 9.01 | 9.55 | 9.55 | 8.93 | 1.662 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.3, but if it comes above 8.3, then a intra day buy could be more profitable.
If you take a sell trade below 8.3, then use 8.3 as stoploss and 7.2 as target. However if you take a buy trade in stock , then use 8.3 as stoploss and 9.22 as target.
Share price targets for Colorchips (Colorchips)
| Target Type | Value |
| Downside Target | 7.71 |
| Upside Target | 8.00 |
| Upside Target | 8.65 |
| Upside Target | 9.24 |
| Upside Target | 9.70 |
| Upside Target | 10.29 |
| Upside Target | 10.53 |
| Upside Target | 10.70 |
| Upside Target | 11.30 |
| Upside Target | 12.63 |
| Upside Target | 12.94 |
| Upside Target | 13.98 |
| Upside Target | 18.83 |
Intraday share price targets for Colorchips (Colorchips)
| Target Type | Value |
| Downside Intraday Target | 7.37 |
| Downside Intraday Target | 6.95 |
| Upside Intraday Target | 8.55 |
| Upside Intraday Target | 9.31 |
| Upside Intraday Target | 8.13 |
Weekly technical analysis of Colorchips (Colorchips)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed Mar 2023 | 7.79 | 8.89 | 8.89 | 7.71 | 0.712 times |
| 17 Fri Mar 2023 | 8.65 | 8.55 | 9.24 | 8.20 | 0.623 times |
| 10 Fri Mar 2023 | 8.99 | 8.65 | 9.70 | 8.65 | 0.459 times |
| 03 Fri Mar 2023 | 8.81 | 9.78 | 10.70 | 8.81 | 14.171 times |
| 24 Fri Feb 2023 | 10.29 | 12.63 | 12.63 | 10.29 | 0.023 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 Colorchips (Colorchips)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Wed Mar 2023 | 7.79 | 10.26 | 10.70 | 7.71 | 0.336 times |
| 28 Tue Feb 2023 | 10.26 | 9.60 | 13.98 | 8.15 | 2.039 times |
| 31 Tue Jan 2023 | 9.62 | 9.70 | 10.53 | 8.00 | 0.696 times |
| 30 Fri Dec 2022 | 9.65 | 12.60 | 12.94 | 8.99 | 0.295 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 Colorchips (Colorchips)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 15, 34, 40 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 7 | Sell |
| CCI | -174 | Sell |
| RSI | 59 | Buy |
| OBV | -1082059 | Sell |
| VWAP | 9 | Sell |
| ADL | 0 | Sell |
| ROC | -17 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Colorchips ( (Colorchips) ) based on a short term time period is
Price action analysis of Colorchips ( (Colorchips) ) 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 Colorchips ( (Colorchips) ) 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 Colorchips ( (Colorchips) ) based on a mid to longer term time period is
ADX buy sell signal for Colorchips stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Colorchips in short term and the sell signal is strong.
Colorchips 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 Colorchips 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Colorchips is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 8.55 and Colorchips (Colorchips) 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 Colorchips (Colorchips) stock. Volume based technical analysis of Colorchips (Colorchips) stock is negative.
Colorchips 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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