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(SYRMA) Syrma Sgs complete technical analysis [charts+indicators] | Buy/Sell Syrma Sgs | (SYRMA) share price targets

Complete technical analysis of Syrma Sgs (SYRMA) by charts plus indicators, forecast predictions and share price targets for Syrma Sgs (SYRMA)

10 day averaged volume of Syrma Sgs is 1468979

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 417.95 411.95 421.95 402.60 1.282 times
20 Mon May 2024 412.60 397.75 414.30 397.00 0.311 times
17 Fri May 2024 395.40 399.75 403.00 390.00 0.494 times
16 Thu May 2024 398.30 404.45 405.00 397.10 0.372 times
15 Wed May 2024 399.15 405.80 410.00 398.10 0.718 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 414.3 as stoploss in an intra day buy trade for a target of 451.78. However, stock will show a bearish move below 414.3.

Share price targets for Syrma Sgs (SYRMA)

Target Type Value
Downside Target 386.10
Downside Target 397.00
Upside Target 421.95
Upside Target 450.00
Upside Target 459.80
Upside Target 489.65
Upside Target 503.25
Upside Target 506.00
Upside Target 569.95
Upside Target 588.50
Upside Target 601.95
Upside Target 672.80

Intraday share price targets for Syrma Sgs (SYRMA)

Target Type Value
Downside Intraday Target 402.65
Downside Intraday Target 387.35
Upside Intraday Target 427.6
Upside Intraday Target 437.25
Downside Intraday Target 412.3

Weekly technical analysis of Syrma Sgs (SYRMA)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 417.95 397.75 421.95 397.00 0.201 times
17 Fri May 2024 395.40 474.00 475.00 386.10 9.876 times
10 Fri May 2024 472.95 492.00 493.00 459.80 0.605 times
03 Fri May 2024 487.90 477.90 506.00 475.30 1.095 times
26 Fri Apr 2024 475.25 471.05 489.65 466.10 2.041 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 Syrma Sgs (SYRMA)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 417.95 485.00 506.00 386.10 2.302 times
30 Tue Apr 2024 487.80 474.35 503.25 464.05 0.472 times
28 Thu Mar 2024 465.40 536.00 569.95 450.00 0.915 times
29 Thu Feb 2024 524.35 601.65 601.95 491.00 1.664 times

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Syrma Sgs (SYRMA)

Indicator Name Indicator Value Indicator Signal
ADX 14, 31, 36 Sell
MACD -41, -35Sell
Stochastics 22Sell
CCI -28Buy
RSI 35Sell
OBV 2295763Sell
VWAP 403Buy
ADL 0Sell
ROC -12Sell
Force Index 0Sell

Price action analysis of Syrma Sgs ( (SYRMA) ) 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 Syrma Sgs ( (SYRMA) ) 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 Syrma Sgs ( (SYRMA) ) 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 Syrma Sgs ( (SYRMA) ) 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 Syrma Sgs stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Syrma Sgs in short term and the sell signal is strong.

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

Syrma Sgs Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Syrma Sgs 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 Syrma Sgs is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 402.79 and Syrma Sgs (SYRMA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Syrma Sgs (SYRMA) stock. Volume based technical analysis of Syrma Sgs (SYRMA) stock is negative.

Syrma Sgs 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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