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

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

10 day averaged volume of Hindustan Petroleum is 7285656

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 506.95 500.10 511.60 496.65 0.679 times
16 Thu May 2024 498.90 512.00 513.00 490.30 0.847 times
15 Wed May 2024 506.70 497.00 509.80 496.45 0.524 times
14 Tue May 2024 493.30 500.00 505.00 490.05 0.548 times
13 Mon May 2024 500.15 506.90 508.00 475.35 1.557 times

My analysis of stock is bullish for shortterm, and stock might move up till 517.4 or till 535.2. Use a stoploss of 502.58 and if this stock hits its stoploss, then it can fall down till 487.74

Share price targets for Hindustan Petroleum (HINDPETRO)

Target Type Value
Downside Target 393.10
Downside Target 443.05
Downside Target 475.35
Downside Target 501.00
Upside Target 513.00
Upside Target 515.55
Upside Target 531.45
Upside Target 538.10
Upside Target 540.90
Upside Target 594.80

Intraday share price targets for Hindustan Petroleum (HINDPETRO)

Target Type Value
Downside Intraday Target 483.87
Downside Intraday Target 460.78
Upside Intraday Target 521.52
Upside Intraday Target 536.08
Downside Intraday Target 498.43

Weekly technical analysis of Hindustan Petroleum (HINDPETRO)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 506.95 506.90 513.00 475.35 0.711 times
10 Fri May 2024 501.55 538.10 538.10 490.10 0.998 times
03 Fri May 2024 534.10 494.40 540.90 490.75 1.567 times
26 Fri Apr 2024 491.10 487.00 501.00 479.25 0.665 times
19 Fri Apr 2024 478.40 472.00 494.00 457.75 1.316 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 Hindustan Petroleum (HINDPETRO)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 506.95 507.00 540.90 475.35 0.694 times
30 Tue Apr 2024 495.40 476.05 515.55 449.25 1.021 times
28 Thu Mar 2024 475.65 516.00 531.45 443.05 0.59 times
29 Thu Feb 2024 509.40 467.95 594.80 456.00 1.236 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 Hindustan Petroleum (HINDPETRO)

Indicator Name Indicator Value Indicator Signal
ADX 13, 21, 24 Sell
MACD 9, 11Sell
Stochastics 45None
CCI -19Buy
RSI 49Sell
OBV 61766266Sell
VWAP 506Buy
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Hindustan Petroleum ( (HINDPETRO) ) 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 Hindustan Petroleum ( (HINDPETRO) ) 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 Hindustan Petroleum ( (HINDPETRO) ) based on a short to mid 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 Hindustan Petroleum ( (HINDPETRO) ) 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 Hindustan Petroleum stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

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

Hindustan Petroleum 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 buy signal for Hindustan Petroleum in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Hindustan Petroleum is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 506.14 and Hindustan Petroleum (HINDPETRO) 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 Hindustan Petroleum (HINDPETRO) stock. Volume based technical analysis of Hindustan Petroleum (HINDPETRO) stock is negative.

Hindustan Petroleum 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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