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

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

10 day averaged volume of Sakthi Sugar is 96731

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 35.03 35.34 36.30 34.80 0.505 times
06 Mon May 2024 35.90 36.65 36.71 35.10 1.8 times
03 Fri May 2024 36.45 37.66 38.07 36.26 0.743 times
02 Thu May 2024 37.47 37.36 38.44 37.25 0.143 times
30 Tue Apr 2024 38.12 38.56 39.18 37.96 1.144 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 34.9 as stoploss in an intra day buy trade for a target of 36.42. However, stock will show a bearish move below 34.9.

Share price targets for Sakthi Sugar (SakthiSugar)

Target Type Value
Downside Target 26.82
Downside Target 29.00
Downside Target 30.74
Downside Target 32.50
Downside Target 34.70
Upside Target 36.26
Upside Target 37.16
Upside Target 38.44
Upside Target 38.51
Upside Target 39.35
Upside Target 40.59
Upside Target 46.69

Intraday share price targets for Sakthi Sugar (SakthiSugar)

Target Type Value
Downside Intraday Target 34.32
Downside Intraday Target 33.6
Upside Intraday Target 36.23
Upside Intraday Target 37.42
Upside Intraday Target 35.51

Weekly technical analysis of Sakthi Sugar (SakthiSugar)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 35.03 36.65 36.71 34.80 0.41 times
03 Fri May 2024 36.45 37.80 40.59 36.26 1.159 times
26 Fri Apr 2024 37.70 34.70 39.35 34.70 1.589 times
19 Fri Apr 2024 34.62 33.00 35.30 32.50 0.842 times
12 Fri Apr 2024 35.69 38.26 38.51 35.30 0.644 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 Sakthi Sugar (SakthiSugar)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 35.03 37.36 38.44 34.80 0.146 times
30 Tue Apr 2024 38.12 29.87 40.59 29.87 2.071 times
28 Thu Mar 2024 29.64 36.95 37.16 29.00 0.133 times
29 Thu Feb 2024 35.94 30.23 46.69 29.55 5.594 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 Sakthi Sugar (SakthiSugar)

Indicator Name Indicator Value Indicator Signal
ADX 23, 24, 4 Sell
MACD 1, 2Sell
Stochastics 22Sell
CCI -165Sell
RSI 49Sell
OBV 811119Sell
VWAP 37Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Sakthi Sugar ( (SakthiSugar) ) based on a short 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 Sakthi Sugar ( (SakthiSugar) ) based on a short 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 Sakthi Sugar ( (SakthiSugar) ) 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 Sakthi Sugar ( (SakthiSugar) ) 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 Sakthi Sugar stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Sakthi Sugar Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 Sakthi Sugar in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Sakthi Sugar is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.49 and Sakthi Sugar (SakthiSugar) 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 Sakthi Sugar (SakthiSugar) stock. Volume based technical analysis of Sakthi Sugar (SakthiSugar) stock is negative.

Sakthi Sugar 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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Click here for further forecast and predictions for tomorrow

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