Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2022-05-06 View latest technical analysis

10 day averaged volume of Adanigas is 56010

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 2436.10 2370.10 2475.30 2369.40 0.306 times
05 Thu May 2022 2454.40 2390.00 2493.00 2370.10 0.228 times
04 Wed May 2022 2444.40 2489.00 2505.00 2428.70 5.468 times
02 Mon May 2022 2486.75 2474.20 2518.40 2445.00 0.169 times
29 Fri Apr 2022 2442.50 2596.00 2610.00 2371.25 0.441 times
28 Thu Apr 2022 2559.75 2565.00 2626.65 2532.00 0.939 times
27 Wed Apr 2022 2509.95 2570.00 2575.00 2452.05 0.885 times
26 Tue Apr 2022 2569.30 2460.05 2595.65 2448.05 0.555 times
25 Mon Apr 2022 2419.55 2402.60 2470.00 2394.00 0.741 times
22 Fri Apr 2022 2416.10 2434.00 2474.15 2394.95 0.182 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2406.1 as stoploss in an intra day buy trade for a target of 2475.66. However, stock will show a bearish move below 2406.1.

Share price targets for Adanigas (Adanigas)

Target Type Value
Downside Target 1513.00
Downside Target 1581.10
Downside Target 1676.00
Downside Target 1890.00
Downside Target 2164.00
Downside Target 2241.40
Downside Target 2369.40
Upside Target 2457.00
Upside Target 2518.40
Upside Target 2552.55
Upside Target 2600.00
Upside Target 2626.65
Upside Target 2739.95

Intraday share price targets for Adanigas (Adanigas)

Target Type Value
Downside Intraday Target 2364.2
Downside Intraday Target 2292.3
Upside Intraday Target 2513.2
Upside Intraday Target 2590.3
Upside Intraday Target 2441.3

Weekly technical analysis of Adanigas (Adanigas)

Date Weekly Closing Price Open High Low Volume
06 Fri May 2022 2436.10 2474.20 2518.40 2369.40 1.732 times
29 Fri Apr 2022 2442.50 2402.60 2626.65 2371.25 2.279 times
22 Fri Apr 2022 2416.10 2495.00 2552.55 2302.55 0.645 times
13 Wed Apr 2022 2498.05 2489.80 2739.95 2457.00 0.829 times
08 Fri Apr 2022 2424.25 2270.25 2600.00 2270.25 1.416 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Adanigas (Adanigas)

Date Monthly Closing Price Open High Low Volume
06 Fri May 2022 2436.10 2474.20 2518.40 2369.40 0.576 times
29 Fri Apr 2022 2442.50 2197.00 2739.95 2164.00 1.311 times
31 Thu Mar 2022 2148.75 1587.00 2241.40 1581.10 4.201 times
28 Mon Feb 2022 1587.35 1843.00 1899.00 1513.00 1.199 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 Adanigas (Adanigas)

Indicator Name Indicator Value Indicator Signal
ADX 17, 19, 7 Sell
MACD 198, 234Sell
Stochastics 29Sell
CCI -82Sell
RSI 56Buy
OBV -291155Sell
VWAP 2466Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Adanigas ( (Adanigas) ) 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 Adanigas ( (Adanigas) ) 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 Adanigas ( (Adanigas) ) 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 Adanigas ( (Adanigas) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Adanigas stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Adanigas in short term but the sell signal is initial and weak.

Adanigas 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 Adanigas 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Adanigas is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2466.41 and Adanigas (Adanigas) 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 Adanigas (Adanigas) stock. Volume based technical analysis of Adanigas (Adanigas) stock is negative.

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

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

Click here for Adanigas charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme