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(SRM) Srm Contractors complete technical analysis [charts+indicators] | Buy/Sell Srm Contractors | (SRM) share price targets

Complete technical analysis of Srm Contractors (SRM) by charts plus indicators, forecast predictions and share price targets for Srm Contractors (SRM)

10 day averaged volume of Srm Contractors is 92415

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 180.30 182.90 183.85 177.90 0.859 times
20 Mon May 2024 182.90 184.80 187.00 182.00 0.241 times
17 Fri May 2024 183.10 176.80 186.90 176.80 1.311 times
16 Thu May 2024 176.80 181.50 181.90 176.10 0.561 times
15 Wed May 2024 178.65 180.90 181.50 178.00 1.105 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 179.8 as stoploss in an intra day buy trade for a target of 189.19. However, stock will show a bearish move below 179.8.

Share price targets for Srm Contractors (SRM)

Target Type Value
Downside Target 170.65
Downside Target 177.90
Upside Target 186.90
Upside Target 194.55
Upside Target 198.80
Upside Target 202.00
Upside Target 203.80
Upside Target 208.25
Upside Target 211.60

Intraday share price targets for Srm Contractors (SRM)

Target Type Value
Downside Intraday Target 176.47
Downside Intraday Target 172.63
Upside Intraday Target 185.57
Upside Intraday Target 190.83
Upside Intraday Target 181.73

Weekly technical analysis of Srm Contractors (SRM)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 180.30 184.80 187.00 177.90 0.163 times
17 Fri May 2024 183.10 180.00 186.90 170.65 1.28 times
10 Fri May 2024 179.80 198.50 198.80 178.00 1.087 times
03 Fri May 2024 197.35 200.65 208.25 195.75 1.053 times
26 Fri Apr 2024 198.70 203.80 203.80 196.45 0 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 Srm Contractors (SRM)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 180.30 200.20 202.00 170.65 1.308 times
30 Tue Apr 2024 200.10 199.40 211.60 194.55 0 times
01 Thu Jan 1970 0 times
01 Thu Jan 1970 0 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 Srm Contractors (SRM)

Indicator Name Indicator Value Indicator Signal
ADX 12, 28, 41 Sell
MACD 78, 11Buy
Stochastics 47None
CCI -12Sell
RSI 41Sell
OBV -440941Sell
VWAP 180Buy
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Srm Contractors ( (SRM) ) 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 Srm Contractors ( (SRM) ) 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 Srm Contractors ( (SRM) ) 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 Srm Contractors ( (SRM) ) based on a mid to longer term time period is

ADX buy sell signal for Srm Contractors stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Srm Contractors 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.

Srm Contractors 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 Srm Contractors 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 negative zone. This is the SELL zone

Stock of Srm Contractors is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 179.66 and Srm Contractors (SRM) 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 Srm Contractors (SRM) stock. Volume based technical analysis of Srm Contractors (SRM) stock is negative.

Srm Contractors 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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