(TECHM) Tech Mahindra complete technical analysis [charts+indicators] | Buy/Sell Tech Mahindra | (TECHM) share price targets
Complete technical analysis of Tech Mahindra (TECHM) by charts plus indicators, forecast predictions and share price targets for Tech Mahindra (TECHM)
10 day averaged volume of Tech Mahindra is 2573925
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 1371.45 | 1395.00 | 1395.75 | 1364.10 | 0.673 times |
| 13 Thu Jun 2024 | 1388.95 | 1380.00 | 1396.85 | 1375.35 | 0.759 times |
| 12 Wed Jun 2024 | 1370.60 | 1364.80 | 1381.00 | 1357.15 | 1.082 times |
| 11 Tue Jun 2024 | 1349.45 | 1348.90 | 1359.85 | 1341.15 | 0.569 times |
| 10 Mon Jun 2024 | 1340.35 | 1377.60 | 1378.00 | 1335.15 | 0.984 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1362, but if it comes below 1362, then a intra day sell could be more profitable.
If you take a sell trade below 1362, then use 1362 as stoploss and 1314.36 as target. However if you take a buy trade in stock , then use 1362 as stoploss and 1419.1 as target.
Share price targets for Tech Mahindra (TECHM)
| Target Type | Value |
| Downside Target | 1162.95 |
| Downside Target | 1193.65 |
| Downside Target | 1224.05 |
| Downside Target | 1298.60 |
| Downside Target | 1342.80 |
| Downside Target | 1345.00 |
| Downside Target | 1347.00 |
| Downside Target | 1362.40 |
| Upside Target | 1381.00 |
| Upside Target | 1396.85 |
Intraday share price targets for Tech Mahindra (TECHM)
| Target Type | Value |
| Downside Intraday Target | 1338.78 |
| Downside Intraday Target | 1306.12 |
| Upside Intraday Target | 1400.48 |
| Upside Intraday Target | 1429.52 |
| Downside Intraday Target | 1367.82 |
Weekly technical analysis of Tech Mahindra (TECHM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 1371.45 | 1377.60 | 1396.85 | 1335.15 | 0.686 times |
| 07 Fri Jun 2024 | 1377.60 | 1255.00 | 1381.00 | 1193.65 | 1.357 times |
| 31 Fri May 2024 | 1228.45 | 1323.00 | 1342.80 | 1224.05 | 1.982 times |
| 24 Fri May 2024 | 1321.75 | 1305.40 | 1345.00 | 1298.60 | 0.58 times |
| 17 Fri May 2024 | 1305.40 | 1264.40 | 1320.00 | 1250.05 | 1.113 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 Tech Mahindra (TECHM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 1371.45 | 1255.00 | 1396.85 | 1193.65 | 0.644 times |
| 31 Fri May 2024 | 1228.45 | 1263.20 | 1345.00 | 1224.05 | 0.669 times |
| 30 Tue Apr 2024 | 1263.50 | 1252.10 | 1347.00 | 1162.95 | 1.784 times |
| 28 Thu Mar 2024 | 1248.10 | 1287.00 | 1307.65 | 1236.10 | 0.88 times |
Price has moved up 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 Tech Mahindra (TECHM)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 34, 19, 30 | Buy |
| MACD | 42, 29 | Buy |
| Stochastics | 93 | Buy |
| CCI | 70 | Sell |
| RSI | 56 | Buy |
| OBV | 4145630 | Sell |
| VWAP | 1334 | Buy |
| ADL | 0 | Sell |
| ROC | 12 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Tech Mahindra ( (TECHM) ) 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 Tech Mahindra ( (TECHM) ) 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 Tech Mahindra ( (TECHM) ) based on a short to mid 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 Tech Mahindra ( (TECHM) ) 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 Tech Mahindra stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Tech Mahindra 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.
Tech Mahindra Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 Tech Mahindra in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 Tech Mahindra is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1333.99 and Tech Mahindra (TECHM) 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 Tech Mahindra (TECHM) stock. Volume based technical analysis of Tech Mahindra (TECHM) stock is negative.
Tech Mahindra Stock is giving positive 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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