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(USHAMART) Usha Martin complete technical analysis [charts+indicators] | Buy/Sell Usha Martin | (USHAMART) share price targets

Complete technical analysis of Usha Martin (USHAMART) by charts plus indicators, forecast predictions and share price targets for Usha Martin (USHAMART)

10 day averaged volume of Usha Martin is 837316

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 352.60 335.45 355.60 333.55 1.394 times
16 Thu May 2024 333.80 339.90 340.80 331.10 0.54 times
15 Wed May 2024 336.05 346.90 348.70 333.55 0.715 times
14 Tue May 2024 344.00 336.45 349.00 336.45 0.633 times
13 Mon May 2024 336.40 341.75 342.55 330.20 0.793 times

My analysis of stock is bearish for shortterm, and stock might move down till 342.4 or till 326.1. Use a stoploss of 355.96 and if the stock hits stoploss, then it can shoot up till 369.51

Share price targets for Usha Martin (USHAMART)

Target Type Value
Downside Target 273.05
Downside Target 288.50
Downside Target 299.90
Downside Target 319.00
Downside Target 325.45
Downside Target 343.15
Upside Target 355.60
Upside Target 369.90
Upside Target 374.00
Upside Target 375.90
Upside Target 378.45
Upside Target 379.90
Upside Target 394.50

Intraday share price targets for Usha Martin (USHAMART)

Target Type Value
Downside Intraday Target 336.67
Downside Intraday Target 320.73
Upside Intraday Target 362.07
Upside Intraday Target 371.53
Downside Intraday Target 346.13

Weekly technical analysis of Usha Martin (USHAMART)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 352.60 341.75 355.60 330.20 0.688 times
10 Fri May 2024 341.75 370.45 371.25 332.15 0.329 times
03 Fri May 2024 371.25 356.50 394.50 343.15 4.504 times
26 Fri Apr 2024 368.50 367.15 374.00 357.55 0.612 times
19 Fri Apr 2024 361.90 338.65 369.90 325.45 1.156 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 Usha Martin (USHAMART)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 352.60 374.85 378.45 330.20 0.356 times
30 Tue Apr 2024 377.05 319.00 394.50 319.00 1.693 times
28 Thu Mar 2024 318.25 325.40 329.90 273.05 0.747 times
29 Thu Feb 2024 329.05 375.00 379.90 299.90 0.774 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 Usha Martin (USHAMART)

Indicator Name Indicator Value Indicator Signal
ADX 23, 21, 4 Buy
MACD 3, 7Sell
Stochastics 25Sell
CCI 13Buy
RSI 59Buy
OBV 5137883Sell
VWAP 348Buy
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Usha Martin ( (USHAMART) ) 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 Usha Martin ( (USHAMART) ) 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 Usha Martin ( (USHAMART) ) 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 Usha Martin ( (USHAMART) ) 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 Usha Martin stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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

Usha Martin 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 Usha Martin in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Usha Martin is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 348.01 and Usha Martin (USHAMART) 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 Usha Martin (USHAMART) stock. Volume based technical analysis of Usha Martin (USHAMART) stock is negative.

Usha Martin 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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