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

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

10 day averaged volume of Gujarat Mineral is 2683548

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 428.50 411.00 434.00 409.15 2.009 times
16 Thu May 2024 409.05 413.25 416.35 407.00 0.347 times
15 Wed May 2024 411.30 411.65 417.90 408.20 0.55 times
14 Tue May 2024 409.60 392.00 411.95 391.20 0.861 times
13 Mon May 2024 390.55 392.20 395.95 379.50 0.568 times

Stock of Gujarat Mineral (GMDCLTD) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 428.9 as stoploss in an intra day sell trade for a target of 411.81. However, stock will show a bullish move above 428.9.

Share price targets for Gujarat Mineral (GMDCLTD)

Target Type Value
Downside Target 316.80
Downside Target 348.50
Downside Target 362.55
Downside Target 373.60
Downside Target 387.95
Downside Target 401.55
Upside Target 434.00
Upside Target 445.40
Upside Target 452.70
Upside Target 452.95
Upside Target 502.90
Upside Target 506.00

Intraday share price targets for Gujarat Mineral (GMDCLTD)

Target Type Value
Downside Intraday Target 394
Downside Intraday Target 359.5
Upside Intraday Target 448.5
Upside Intraday Target 468.5
Downside Intraday Target 414

Weekly technical analysis of Gujarat Mineral (GMDCLTD)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 428.50 392.20 434.00 379.50 0.765 times
10 Fri May 2024 392.25 451.50 452.70 376.35 0.883 times
03 Fri May 2024 448.65 438.30 452.95 417.00 0.778 times
26 Fri Apr 2024 434.80 392.00 445.40 387.95 2.681 times
19 Fri Apr 2024 387.95 393.55 401.55 373.60 0.442 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 Gujarat Mineral (GMDCLTD)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 428.50 422.50 452.95 376.35 0.607 times
30 Tue Apr 2024 420.10 348.70 445.40 348.50 1.829 times
28 Thu Mar 2024 343.95 392.20 409.00 316.80 0.492 times
29 Thu Feb 2024 389.90 455.95 506.00 362.55 0.598 times

Price has moved up 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 Gujarat Mineral (GMDCLTD)

Indicator Name Indicator Value Indicator Signal
ADX 30, 17, 27 Buy
MACD 8, 7Buy
Stochastics 52None
CCI 93Buy
RSI 57Buy
OBV 26640336Sell
VWAP 411Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Gujarat Mineral ( (GMDCLTD) ) 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 Gujarat Mineral ( (GMDCLTD) ) 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 Gujarat Mineral ( (GMDCLTD) ) 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 Gujarat Mineral ( (GMDCLTD) ) 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 Gujarat Mineral stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Gujarat Mineral in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Gujarat Mineral 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. Bulls 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 moving up

CCI has generated a buy signal for Gujarat Mineral in short term and BUY 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 Gujarat Mineral is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 411.3 and Gujarat Mineral (GMDCLTD) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Gujarat Mineral (GMDCLTD) stock. Volume based technical analysis of Gujarat Mineral (GMDCLTD) stock is negative.

Gujarat Mineral 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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