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(UTTAMSUGAR) Uttam Sugar complete technical analysis [charts+indicators] | Buy/Sell Uttam Sugar | (UTTAMSUGAR) share price targets

Complete technical analysis of Uttam Sugar (UTTAMSUGAR) by charts plus indicators, forecast predictions and share price targets for Uttam Sugar (UTTAMSUGAR)

10 day averaged volume of Uttam Sugar is 57313

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 331.50 326.80 334.50 324.15 0.988 times
16 Thu May 2024 323.65 329.70 330.85 322.90 0.63 times
15 Wed May 2024 327.70 327.50 331.70 326.70 0.471 times
14 Tue May 2024 327.45 331.50 332.40 325.00 0.826 times
13 Mon May 2024 329.05 324.05 332.00 320.00 0.912 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 326 as stoploss in an intra day buy trade for a target of 338.26. However, stock will show a bearish move below 326.

Share price targets for Uttam Sugar (UTTAMSUGAR)

Target Type Value
Downside Target 310.05
Downside Target 320.00
Upside Target 347.00
Upside Target 353.85
Upside Target 358.70
Upside Target 363.95
Upside Target 374.80
Upside Target 383.75
Upside Target 407.70
Upside Target 417.00

Intraday share price targets for Uttam Sugar (UTTAMSUGAR)

Target Type Value
Downside Intraday Target 322.83
Downside Intraday Target 314.17
Upside Intraday Target 337.33
Upside Intraday Target 343.17
Downside Intraday Target 328.67

Weekly technical analysis of Uttam Sugar (UTTAMSUGAR)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 331.50 324.05 334.50 320.00 0.62 times
10 Fri May 2024 324.10 357.50 358.70 320.80 0.329 times
03 Fri May 2024 353.70 348.90 374.80 347.00 1.241 times
26 Fri Apr 2024 345.20 336.05 353.85 330.00 3.203 times
19 Fri Apr 2024 331.70 340.00 344.85 326.95 0.684 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 Uttam Sugar (UTTAMSUGAR)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 331.50 359.95 363.95 320.00 0.233 times
30 Tue Apr 2024 360.25 315.00 374.80 312.35 0.97 times
28 Thu Mar 2024 312.05 347.15 383.75 310.05 0.669 times
29 Thu Feb 2024 343.20 380.90 407.70 339.00 1.044 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 Uttam Sugar (UTTAMSUGAR)

Indicator Name Indicator Value Indicator Signal
ADX 17, 23, 14 Sell
MACD -9, -8Sell
Stochastics 19Sell
CCI -15Buy
RSI 59Buy
OBV 717455Sell
VWAP 332Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Uttam Sugar ( (UTTAMSUGAR) ) 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 Uttam Sugar ( (UTTAMSUGAR) ) 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 Uttam Sugar ( (UTTAMSUGAR) ) 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 Uttam Sugar ( (UTTAMSUGAR) ) 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 Uttam Sugar stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Uttam Sugar 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.

Uttam Sugar 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 Uttam Sugar in short term but BUY signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Stock of Uttam Sugar is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 331.52 and Uttam Sugar (UTTAMSUGAR) 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 Uttam Sugar (UTTAMSUGAR) stock. Volume based technical analysis of Uttam Sugar (UTTAMSUGAR) stock is negative.

Uttam Sugar 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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