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(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 2022-05-23 View latest technical analysis

10 day averaged volume of Adanigas is 22854

Date Daily Closing Price Open High Low Volume
23 Mon May 2022 2330.90 2385.00 2436.00 2315.00 0.525 times
20 Fri May 2022 2382.90 2439.80 2459.00 2359.95 0.429 times
19 Thu May 2022 2375.15 2400.25 2449.00 2357.15 0.988 times
18 Wed May 2022 2489.60 2550.60 2560.00 2458.85 1.669 times
17 Tue May 2022 2499.40 2431.90 2515.10 2390.00 0.519 times
16 Mon May 2022 2384.50 2351.00 2424.00 2313.10 1.052 times
13 Fri May 2022 2376.05 2310.00 2485.00 2310.00 1.61 times
12 Thu May 2022 2294.30 2376.00 2389.90 2169.00 1.233 times
11 Wed May 2022 2339.10 2360.00 2455.20 2241.00 1.151 times
10 Tue May 2022 2346.95 2385.00 2439.55 2298.00 0.769 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2350, but if it comes above 2350, then a intra day buy could be more profitable.
If you take a sell trade below 2350, then use 2350 as stoploss and 2259.8 as target. However if you take a buy trade in stock , then use 2350 as stoploss and 2425.2 as target.

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 2313.10
Upside Target 2369.40
Upside Target 2436.00
Upside Target 2485.00
Upside Target 2518.40
Upside Target 2560.00
Upside Target 2626.65
Upside Target 2739.95

Intraday share price targets for Adanigas (Adanigas)

Target Type Value
Downside Intraday Target 2285.27
Downside Intraday Target 2239.63
Upside Intraday Target 2406.27
Upside Intraday Target 2481.63
Upside Intraday Target 2360.63

Weekly technical analysis of Adanigas (Adanigas)

Date Weekly Closing Price Open High Low Volume
23 Mon May 2022 2330.90 2385.00 2436.00 2315.00 0.113 times
20 Fri May 2022 2382.90 2351.00 2560.00 2313.10 0.871 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

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 Adanigas (Adanigas)

Date Monthly Closing Price Open High Low Volume
23 Mon May 2022 2330.90 2474.20 2560.00 2169.00 0.977 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, 21, 12 Sell
MACD 80, 107Sell
Stochastics 50None
CCI -43Sell
RSI 56Buy
OBV -335972Sell
VWAP 2384Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Adanigas ( (Adanigas) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Adanigas ( (Adanigas) ) based on a short 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.

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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2383.59 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 negative.

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

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Daily chart

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