(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 2022-05-16 View latest technical analysis
10 day averaged volume of Adanigas is 49250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 2384.50 | 2351.00 | 2424.00 | 2313.10 | 0.488 times |
| 13 Fri May 2022 | 2376.05 | 2310.00 | 2485.00 | 2310.00 | 0.747 times |
| 12 Thu May 2022 | 2294.30 | 2376.00 | 2389.90 | 2169.00 | 0.572 times |
| 11 Wed May 2022 | 2339.10 | 2360.00 | 2455.20 | 2241.00 | 0.534 times |
| 10 Tue May 2022 | 2346.95 | 2385.00 | 2439.55 | 2298.00 | 0.357 times |
| 09 Mon May 2022 | 2362.45 | 2375.00 | 2420.55 | 2303.00 | 0.269 times |
| 06 Fri May 2022 | 2436.10 | 2370.10 | 2475.30 | 2369.40 | 0.348 times |
| 05 Thu May 2022 | 2454.40 | 2390.00 | 2493.00 | 2370.10 | 0.26 times |
| 04 Wed May 2022 | 2444.40 | 2489.00 | 2505.00 | 2428.70 | 6.219 times |
| 02 Mon May 2022 | 2486.75 | 2474.20 | 2518.40 | 2445.00 | 0.192 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 2360.5 as stoploss in an intra day buy trade for a target of 2431.5. However, stock will show a bearish move below 2360.5.
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 | 2302.55 |
| Downside Target | 2369.40 |
| Upside Target | 2424.00 |
| Upside Target | 2485.00 |
| Upside Target | 2518.40 |
| Upside Target | 2552.55 |
| Upside Target | 2626.65 |
| Upside Target | 2739.95 |
Intraday share price targets for Adanigas (Adanigas)
| Target Type | Value |
| Downside Intraday Target | 2323.73 |
| Downside Intraday Target | 2262.97 |
| Upside Intraday Target | 2434.63 |
| Upside Intraday Target | 2484.77 |
| Downside Intraday Target | 2373.87 |
Weekly technical analysis of Adanigas (Adanigas)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 2384.50 | 2351.00 | 2424.00 | 2313.10 | 0.197 times |
| 13 Fri May 2022 | 2376.05 | 2375.00 | 2485.00 | 2169.00 | 0.353 times |
| 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 |
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 Adanigas (Adanigas)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 2384.50 | 2474.20 | 2518.40 | 2169.00 | 0.82 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 | 15, 18, 12 | Sell |
| MACD | 100, 139 | Sell |
| Stochastics | 45 | None |
| CCI | -26 | Sell |
| RSI | 58 | Buy |
| OBV | -346846 | Sell |
| VWAP | 2417 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Adanigas ( (Adanigas) ) 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 Adanigas ( (Adanigas) ) 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 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 losing momentum.
MACD generated a SELL signal for Adanigas in short term but the sell signal is initial and weak.
Adanigas 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 in or above the red cloud Prices appear to be moving up
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 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 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 2417.22 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.
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