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

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

10 day averaged volume of Honasa Consumer is 557579

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 400.20 417.10 417.10 398.05 4.215 times
16 Thu May 2024 410.95 416.95 417.00 403.05 1.869 times
15 Wed May 2024 416.25 417.50 420.00 408.95 0.475 times
14 Tue May 2024 417.50 425.95 425.95 413.60 0.343 times
13 Mon May 2024 425.50 429.15 429.50 422.00 0.381 times

Stock of Honasa Consumer (HONASA) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 395.1, for a target of 409.4 or 421.25

Share price targets for Honasa Consumer (HONASA)

Target Type Value
Downside Target 357.35
Downside Target 374.75
Downside Target 390.00
Downside Target 398.05
Upside Target 429.50
Upside Target 433.50
Upside Target 435.00
Upside Target 443.20
Upside Target 446.40
Upside Target 474.90
Upside Target 511.00

Intraday share price targets for Honasa Consumer (HONASA)

Target Type Value
Downside Intraday Target 389
Downside Intraday Target 377.8
Upside Intraday Target 420.45
Upside Intraday Target 440.7
Upside Intraday Target 409.25

Weekly technical analysis of Honasa Consumer (HONASA)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 400.20 429.15 429.50 398.05 2.68 times
10 Fri May 2024 429.00 421.15 433.50 413.00 1.333 times
03 Fri May 2024 420.15 438.00 443.20 412.05 0.195 times
26 Fri Apr 2024 428.70 400.00 446.40 390.00 2.403 times
19 Fri Apr 2024 387.30 391.00 398.55 374.75 3.219 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 Honasa Consumer (HONASA)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 400.20 435.00 435.00 398.05 0.541 times
30 Tue Apr 2024 431.20 411.65 446.40 374.75 0.989 times
28 Thu Mar 2024 402.40 419.80 424.00 357.35 0.632 times
29 Thu Feb 2024 414.10 463.00 474.90 405.70 0.797 times

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 Honasa Consumer (HONASA)

Indicator Name Indicator Value Indicator Signal
ADX 13, 25, 31 Sell
MACD 3, 7Sell
Stochastics 20Sell
CCI -158Sell
RSI 51Buy
OBV 1528873Sell
VWAP 412Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Honasa Consumer ( (HONASA) ) 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 Honasa Consumer ( (HONASA) ) 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 Honasa Consumer ( (HONASA) ) 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 Honasa Consumer ( (HONASA) ) 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 Honasa Consumer stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Honasa Consumer 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Honasa Consumer 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

Stock of Honasa Consumer is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 412.32 and Honasa Consumer (HONASA) 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 Honasa Consumer (HONASA) stock. Volume based technical analysis of Honasa Consumer (HONASA) stock is negative.

Honasa Consumer 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 Honasa Consumer charts

Click here for further forecast and predictions for tomorrow

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