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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)

Showing technical analysis as on 2023-02-01 View latest technical analysis

10 day averaged volume of Sharika is 32076

Date Daily Closing Price Open High Low Volume
01 Wed Feb 2023 6.16 6.30 6.45 6.02 1.258 times
31 Tue Jan 2023 6.23 6.00 6.24 5.51 1.13 times
30 Mon Jan 2023 5.91 5.68 6.45 5.68 1.13 times
27 Fri Jan 2023 6.04 6.11 6.26 5.94 1.176 times
25 Wed Jan 2023 6.18 6.41 6.52 6.10 1.241 times
24 Tue Jan 2023 6.41 6.59 6.60 6.37 0.678 times
23 Mon Jan 2023 6.52 6.70 6.70 6.26 0.896 times
20 Fri Jan 2023 6.63 6.61 6.87 6.40 0.805 times
19 Thu Jan 2023 6.67 6.94 6.94 6.61 0.299 times
18 Wed Jan 2023 6.62 6.65 6.96 6.50 2.244 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.3, but if it comes above 6.3, then a intra day buy could be more profitable.
If you take a sell trade below 6.3, then use 6.3 as stoploss and 5.9 as target. However if you take a buy trade in stock , then use 6.3 as stoploss and 6.61 as target.

Share price targets for Sharika (Sharika)

Target Type Value
Downside Target 5.51
Downside Target 5.94
Upside Target 6.21
Upside Target 6.40
Upside Target 7.00
Upside Target 7.16
Upside Target 7.28
Upside Target 7.49
Upside Target 7.80
Upside Target 8.15
Upside Target 8.40

Intraday share price targets for Sharika (Sharika)

Target Type Value
Downside Intraday Target 5.63
Downside Intraday Target 5.1
Upside Intraday Target 6.57
Upside Intraday Target 6.98
Downside Intraday Target 6.04

Weekly technical analysis of Sharika (Sharika)

Date Weekly Closing Price Open High Low Volume
01 Wed Feb 2023 6.16 5.68 6.45 5.51 0.881 times
27 Fri Jan 2023 6.04 6.70 6.70 5.94 0.969 times
20 Fri Jan 2023 6.63 7.08 7.10 6.40 1.11 times
13 Fri Jan 2023 6.85 7.17 7.28 6.57 0.596 times
06 Fri Jan 2023 6.90 7.25 7.49 6.51 0.934 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
01 Wed Feb 2023 6.16 6.30 6.45 6.02 0.062 times
31 Tue Jan 2023 6.23 7.25 7.49 5.51 0.623 times
30 Fri Dec 2022 7.25 7.38 7.80 6.21 0.784 times
30 Wed Nov 2022 7.38 7.72 8.15 7.00 1.308 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 16, 29, 30 Sell
MACD -1, -0Sell
Stochastics 35None
CCI -40Buy
RSI 57Buy
OBV -398761Sell
VWAP 6Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Sharika ( (Sharika) ) 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 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 losing momentum.

MACD generated a SELL signal for Sharika 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.

Sharika Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sharika is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.32 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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