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

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

10 day averaged volume of Sharika is 100717

Date Daily Closing Price Open High Low Volume
17 Tue May 2022 12.40 12.20 12.40 12.15 0.579 times
16 Mon May 2022 11.85 11.95 12.60 11.65 1.609 times
13 Fri May 2022 12.25 12.95 13.15 12.15 1.877 times
12 Thu May 2022 12.55 13.60 13.65 12.55 0.789 times
11 Wed May 2022 13.20 14.40 14.40 13.15 0.851 times
10 Tue May 2022 13.80 14.15 14.70 13.50 0.821 times
09 Mon May 2022 14.10 14.75 14.75 14.05 0.56 times
06 Fri May 2022 14.70 14.80 14.80 14.10 0.864 times
05 Thu May 2022 14.80 15.40 15.50 14.45 0.67 times
04 Wed May 2022 15.00 15.45 15.90 14.80 0.914 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.1, but if it comes above 13.1, then a intra day buy could be more profitable.
If you take a sell trade below 13.1, then use 13.1 as stoploss and 11.1 as target. However if you take a buy trade in stock , then use 13.1 as stoploss and 14.77 as target.

Share price targets for Sharika (Sharika)

Target Type Value
Downside Target 11.11
Downside Target 11.65
Downside Target 12.15
Upside Target 12.60
Upside Target 14.10
Upside Target 14.50
Upside Target 15.39
Upside Target 16.30
Upside Target 16.67
Upside Target 18.83
Upside Target 22.35
Upside Target 23.00
Upside Target 27.94
Upside Target 37.05

Intraday share price targets for Sharika (Sharika)

Target Type Value
Downside Intraday Target 11.83
Downside Intraday Target 11.27
Upside Intraday Target 12.78
Upside Intraday Target 13.17
Downside Intraday Target 12.22

Weekly technical analysis of Sharika (Sharika)

Date Weekly Closing Price Open High Low Volume
17 Tue May 2022 12.40 11.95 12.60 11.65 0.447 times
13 Fri May 2022 12.25 14.75 14.75 12.15 1.403 times
06 Fri May 2022 14.70 15.35 16.30 14.10 0.217 times
29 Fri Apr 2022 15.55 17.09 18.83 15.39 3.814 times
22 Fri Apr 2022 16.28 16.10 16.67 14.50 1.118 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 Sharika (Sharika)

Date Monthly Closing Price Open High Low Volume
17 Tue May 2022 12.40 15.35 16.30 11.65 0.274 times
29 Fri Apr 2022 15.55 14.50 18.83 14.21 0.535 times
31 Thu Mar 2022 14.95 21.25 23.00 14.90 0.528 times
28 Mon Feb 2022 22.35 29.30 37.05 22.35 1.231 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 Sharika (Sharika)

Indicator Name Indicator Value Indicator Signal
ADX 9, 37, 61 Sell
MACD -3, -2Sell
Stochastics 8Sell
CCI -91Buy
RSI 58Buy
OBV -2309881Sell
VWAP 13Sell
ADL 0Sell
ROC -19Sell
Force Index 0Sell

Price action analysis of Sharika ( (Sharika) ) 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 Sharika ( (Sharika) ) 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 Sharika ( (Sharika) ) 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 Sharika ( (Sharika) ) 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 Sharika stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Sharika 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 Sharika in short term but BUY signal is weak.

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 Sharika is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.21 and Sharika (Sharika) 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 Sharika (Sharika) stock. Volume based technical analysis of Sharika (Sharika) stock is negative.

Sharika 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.

Click here for Sharika charts

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Daily charts

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Daily chart

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