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(ShyamTelec) Shyam Telec complete technical analysis [charts+indicators] | Buy/Sell Shyam Telec | (ShyamTelec) share price targets

Complete technical analysis of Shyam Telec (ShyamTelec) by charts plus indicators, forecast predictions and share price targets for Shyam Telec (ShyamTelec)

10 day averaged volume of Shyam Telec is 10429

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 19.50 19.50 19.55 19.50 0.035 times
06 Mon May 2024 19.89 19.11 19.89 19.11 0.725 times
03 Fri May 2024 19.50 19.35 19.50 19.35 1.132 times
02 Thu May 2024 19.74 19.74 19.74 19.08 2.615 times
30 Tue Apr 2024 18.80 18.80 18.80 18.80 0.768 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 18.3, but if it comes below 18.3, then a intra day sell could be more profitable.
If you take a sell trade below 18.3, then use 18.3 as stoploss and 14.81 as target. However if you take a buy trade in stock , then use 18.3 as stoploss and 22.4 as target.

Share price targets for Shyam Telec (ShyamTelec)

Target Type Value
Downside Target 8.46
Downside Target 8.88
Downside Target 9.75
Downside Target 10.01
Downside Target 11.20
Downside Target 11.55
Downside Target 13.00
Downside Target 13.59
Downside Target 17.06
Downside Target 17.88
Downside Target 18.80
Downside Target 19.11
Upside Target 19.74
Upside Target 19.89

Intraday share price targets for Shyam Telec (ShyamTelec)

Target Type Value
Downside Intraday Target 19.11
Downside Intraday Target 18.72
Upside Intraday Target 19.89
Upside Intraday Target 20.28
Downside Intraday Target 19.5

Weekly technical analysis of Shyam Telec (ShyamTelec)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 19.50 19.11 19.89 19.11 0.15 times
03 Fri May 2024 19.50 17.88 19.74 17.88 0.965 times
26 Fri Apr 2024 17.06 13.99 17.06 13.98 1.128 times
19 Fri Apr 2024 13.41 11.65 13.59 11.55 2.921 times
12 Fri Apr 2024 11.20 10.76 11.20 10.01 9.152 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 Shyam Telec (ShyamTelec)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 19.50 19.74 19.89 19.08 0.346 times
30 Tue Apr 2024 18.80 8.88 18.80 8.88 5.523 times
28 Thu Mar 2024 8.46 12.70 13.00 8.46 0.616 times
29 Thu Feb 2024 12.75 10.80 13.75 9.75 0.805 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 Shyam Telec (ShyamTelec)

Indicator Name Indicator Value Indicator Signal
ADX 71, 7, 81 Buy
MACD 4, 3Buy
Stochastics 97Buy
CCI 71Sell
RSI 60Buy
OBV 152754Sell
VWAP 18Buy
ADL 0Sell
ROC 38Buy
Force Index 0Sell

Price action analysis of Shyam Telec ( (ShyamTelec) ) 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 Shyam Telec ( (ShyamTelec) ) 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 Shyam Telec ( (ShyamTelec) ) 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 Shyam Telec ( (ShyamTelec) ) 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 Shyam Telec stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shyam Telec 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.

Shyam Telec Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Shyam Telec in short term but SELL signal is weak.

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

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

Stock of Shyam Telec is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.96 and Shyam Telec (ShyamTelec) 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 Shyam Telec (ShyamTelec) stock. Volume based technical analysis of Shyam Telec (ShyamTelec) stock is negative.

Shyam Telec 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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