(SHRITECH_SM) Shri Techtex complete technical analysis [charts+indicators] | Buy/Sell Shri Techtex | (SHRITECH_SM) share price targets
Complete technical analysis of Shri Techtex (SHRITECH_SM) by charts plus indicators, forecast predictions and share price targets for Shri Techtex (SHRITECH_SM)
10 day averaged volume of Shri Techtex is 18600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 67.00 | 69.00 | 69.00 | 67.00 | 0.645 times |
| 17 Fri May 2024 | 69.95 | 68.40 | 69.95 | 68.40 | 0.215 times |
| 16 Thu May 2024 | 67.60 | 68.90 | 68.95 | 67.50 | 1.72 times |
| 15 Wed May 2024 | 70.00 | 68.70 | 70.00 | 68.70 | 0.215 times |
| 14 Tue May 2024 | 69.35 | 70.00 | 70.00 | 69.00 | 0.86 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.5, but if it comes above 67.5, then a intra day buy could be more profitable.
If you take a sell trade below 67.5, then use 67.5 as stoploss and 65.5 as target. However if you take a buy trade in stock , then use 67.5 as stoploss and 69.23 as target.
Share price targets for Shri Techtex (SHRITECH_SM)
| Target Type | Value |
| Downside Target | 51.50 |
| Downside Target | 61.10 |
| Downside Target | 64.50 |
| Downside Target | 67.00 |
| Upside Target | 69.00 |
| Upside Target | 71.95 |
| Upside Target | 72.00 |
| Upside Target | 73.90 |
| Upside Target | 77.65 |
| Upside Target | 88.00 |
| Upside Target | 101.00 |
Intraday share price targets for Shri Techtex (SHRITECH_SM)
| Target Type | Value |
| Downside Intraday Target | 66.33 |
| Downside Intraday Target | 65.67 |
| Upside Intraday Target | 68.33 |
| Upside Intraday Target | 69.67 |
| Upside Intraday Target | 67.67 |
Weekly technical analysis of Shri Techtex (SHRITECH_SM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 67.00 | 69.00 | 69.00 | 67.00 | 0.2 times |
| 17 Fri May 2024 | 69.95 | 70.00 | 70.00 | 67.50 | 0.526 times |
| 10 Fri May 2024 | 71.00 | 70.70 | 73.90 | 67.55 | 0.731 times |
| 03 Fri May 2024 | 71.70 | 69.00 | 71.95 | 64.50 | 2.229 times |
| 26 Fri Apr 2024 | 69.65 | 68.60 | 71.25 | 65.50 | 0.875 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 Shri Techtex (SHRITECH_SM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 67.00 | 64.50 | 73.90 | 64.50 | 0.724 times |
| 30 Tue Apr 2024 | 67.50 | 62.50 | 71.25 | 61.10 | 0.303 times |
| 28 Thu Mar 2024 | 60.70 | 76.80 | 77.65 | 51.50 | 2.381 times |
| 29 Thu Feb 2024 | 77.50 | 83.80 | 88.00 | 72.00 | 0.258 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 Shri Techtex (SHRITECH_SM)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 19, 29, 20 | Sell |
| MACD | -0, 0 | Sell |
| Stochastics | 24 | Sell |
| CCI | -149 | Sell |
| RSI | 49 | Sell |
| OBV | 40000 | Sell |
| VWAP | 70 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Shri Techtex ( (SHRITECH_SM) ) 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 Shri Techtex ( (SHRITECH_SM) ) 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 Shri Techtex ( (SHRITECH_SM) ) based on a short to mid term time period is
Price action analysis of Shri Techtex ( (SHRITECH_SM) ) 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 Shri Techtex stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shri Techtex in short term and the sell signal is strong.
Shri Techtex 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 Shri Techtex in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Shri Techtex is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 70.23 and Shri Techtex (SHRITECH_SM) 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 Shri Techtex (SHRITECH_SM) stock. Volume based technical analysis of Shri Techtex (SHRITECH_SM) stock is negative.
Shri Techtex 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.
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