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(SHARDAMOTR) Sharda Motor complete technical analysis [charts+indicators] | Buy/Sell Sharda Motor | (SHARDAMOTR) share price targets

Complete technical analysis of Sharda Motor (SHARDAMOTR) by charts plus indicators, forecast predictions and share price targets for Sharda Motor (SHARDAMOTR)

10 day averaged volume of Sharda Motor is 29288

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 1483.60 1492.00 1508.40 1478.00 0.758 times
16 Thu May 2024 1493.85 1498.00 1498.00 1481.00 0.694 times
15 Wed May 2024 1488.45 1480.00 1498.75 1475.00 0.908 times
14 Tue May 2024 1471.70 1470.40 1484.85 1461.95 0.843 times
13 Mon May 2024 1468.25 1473.20 1480.60 1436.00 1.008 times

My analysis of stock is bearish for shortterm, and stock might move down till 1469.3 or till 1438.7. Use a stoploss of 1494.73 and if the stock hits stoploss, then it can shoot up till 1520.2

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type Value
Downside Target 1165.05
Downside Target 1285.05
Downside Target 1364.25
Downside Target 1436.00
Upside Target 1508.40
Upside Target 1528.90
Upside Target 1539.00
Upside Target 1554.85
Upside Target 1571.90
Upside Target 1584.90
Upside Target 1641.85

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type Value
Downside Intraday Target 1443.6
Downside Intraday Target 1403.6
Upside Intraday Target 1516
Upside Intraday Target 1548.4
Downside Intraday Target 1476

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 1483.60 1473.20 1508.40 1436.00 0.727 times
10 Fri May 2024 1463.45 1518.40 1528.90 1451.10 0.459 times
03 Fri May 2024 1518.40 1525.00 1584.90 1488.50 1.217 times
26 Fri Apr 2024 1482.80 1539.00 1539.00 1477.00 0.485 times
19 Fri Apr 2024 1504.15 1535.55 1641.85 1495.00 0.831 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 Sharda Motor (SHARDAMOTR)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 1483.60 1549.95 1554.85 1436.00 0.213 times
30 Tue Apr 2024 1539.15 1380.00 1641.85 1364.25 2.643 times
28 Thu Mar 2024 1366.20 1379.55 1462.50 1165.05 0.63 times
29 Thu Feb 2024 1372.55 1374.15 1571.90 1308.15 0.99 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 Sharda Motor (SHARDAMOTR)

Indicator Name Indicator Value Indicator Signal
ADX 19, 18, 2 Buy
MACD 26, 34Sell
Stochastics 49None
CCI 41Sell
RSI 62Buy
OBV -633362Sell
VWAP 1480Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Sharda Motor ( (SHARDAMOTR) ) 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 Sharda Motor ( (SHARDAMOTR) ) 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 Sharda Motor ( (SHARDAMOTR) ) based on a short to mid term time period is

Price action analysis of Sharda Motor ( (SHARDAMOTR) ) 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 Sharda Motor stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Sharda Motor 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 coming down

CCI has generated a SELL signal for Sharda Motor in short term but SELL signal is weak.

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 Sharda Motor is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1480.43 and Sharda Motor (SHARDAMOTR) 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 Sharda Motor (SHARDAMOTR) stock. Volume based technical analysis of Sharda Motor (SHARDAMOTR) stock is negative.

Sharda Motor 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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