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(DhanlxmiFab) Dhanlxmi Fab complete technical analysis [charts+indicators] | Buy/Sell Dhanlxmi Fab | (DhanlxmiFab) share price targets

Complete technical analysis of Dhanlxmi Fab (DhanlxmiFab) by charts plus indicators, forecast predictions and share price targets for Dhanlxmi Fab (DhanlxmiFab)

10 day averaged volume of Dhanlxmi Fab is 4097

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 65.77 66.02 67.97 63.02 1.046 times
29 Mon Apr 2024 64.74 64.55 66.98 64.55 0.594 times
26 Fri Apr 2024 67.82 68.39 70.00 65.51 0.734 times
25 Thu Apr 2024 67.13 67.80 67.83 64.00 1.762 times
24 Wed Apr 2024 64.60 61.80 64.60 61.53 0.784 times

My analysis of stock is bullish for shortterm, and stock might move up till 69.1 or till 75.9. Use a stoploss of 63.31 and if this stock hits its stoploss, then it can fall down till 57.57

Share price targets for Dhanlxmi Fab (DhanlxmiFab)

Target Type Value
Downside Target 44.87
Downside Target 50.10
Downside Target 53.29
Downside Target 55.90
Downside Target 57.45
Downside Target 60.64
Downside Target 63.02
Upside Target 66.00
Upside Target 67.97
Upside Target 70.00
Upside Target 70.89
Upside Target 76.00

Intraday share price targets for Dhanlxmi Fab (DhanlxmiFab)

Target Type Value
Downside Intraday Target 63.2
Downside Intraday Target 60.64
Upside Intraday Target 68.15
Upside Intraday Target 70.54
Downside Intraday Target 65.59

Weekly technical analysis of Dhanlxmi Fab (DhanlxmiFab)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 65.77 64.55 67.97 63.02 0.387 times
26 Fri Apr 2024 67.82 55.94 70.00 55.94 0.992 times
19 Fri Apr 2024 55.94 60.64 60.64 55.90 0.944 times
12 Fri Apr 2024 63.83 74.43 76.00 63.83 0.843 times
05 Fri Apr 2024 70.89 52.50 70.89 51.16 7.47 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 Dhanlxmi Fab (DhanlxmiFab)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 65.77 52.50 76.00 51.16 3.691 times
28 Thu Mar 2024 51.16 59.60 63.20 50.65 0.365 times
29 Thu Feb 2024 57.74 59.00 63.94 53.29 0.586 times
31 Wed Jan 2024 59.16 53.60 66.00 50.10 1.274 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Dhanlxmi Fab (DhanlxmiFab)

Indicator Name Indicator Value Indicator Signal
ADX 37, 26, 17 Buy
MACD 3, 3Buy
Stochastics 72Buy
CCI 64Buy
RSI 56Buy
OBV 8705Sell
VWAP 62Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

Price action analysis of Dhanlxmi Fab ( (DhanlxmiFab) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Dhanlxmi Fab ( (DhanlxmiFab) ) 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 Dhanlxmi Fab ( (DhanlxmiFab) ) 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 Dhanlxmi Fab ( (DhanlxmiFab) ) 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 Dhanlxmi Fab stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Dhanlxmi Fab 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.

Dhanlxmi Fab 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 moving up

CCI has generated a buy signal for Dhanlxmi Fab in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 Dhanlxmi Fab is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 62.41 and Dhanlxmi Fab (DhanlxmiFab) 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 Dhanlxmi Fab (DhanlxmiFab) stock. Volume based technical analysis of Dhanlxmi Fab (DhanlxmiFab) stock is negative.

Dhanlxmi Fab 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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