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(ChoksiImag) Choksi Imag complete technical analysis [charts+indicators] | Buy/Sell Choksi Imag | (ChoksiImag) share price targets

Complete technical analysis of Choksi Imag (ChoksiImag) by charts plus indicators, forecast predictions and share price targets for Choksi Imag (ChoksiImag)

10 day averaged volume of Choksi Imag is 254

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 72.00 72.42 72.42 72.00 0.791 times
17 Fri May 2024 70.81 73.70 73.70 68.11 3.024 times
16 Thu May 2024 68.70 68.70 68.70 68.70 0.472 times
15 Wed May 2024 68.60 66.63 71.95 66.63 3.85 times
14 Tue May 2024 66.63 68.50 69.19 66.25 0.748 times

My analysis of stock is bullish for shortterm, and stock might move up till 73.4 or till 76.7. Use a stoploss of 70.62 and if this stock hits its stoploss, then it can fall down till 67.87

Share price targets for Choksi Imag (ChoksiImag)

Target Type Value
Downside Target 54.55
Downside Target 56.05
Downside Target 63.85
Downside Target 69.00
Downside Target 70.59
Upside Target 73.70
Upside Target 75.66
Upside Target 76.65
Upside Target 81.25
Upside Target 83.99
Upside Target 92.00

Intraday share price targets for Choksi Imag (ChoksiImag)

Target Type Value
Downside Intraday Target 71.86
Downside Intraday Target 71.72
Upside Intraday Target 72.28
Upside Intraday Target 72.56
Upside Intraday Target 72.14

Weekly technical analysis of Choksi Imag (ChoksiImag)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 72.00 72.42 72.42 72.00 0.097 times
17 Fri May 2024 70.81 65.01 73.70 65.01 2.334 times
10 Fri May 2024 68.80 71.60 71.60 65.41 0.044 times
03 Fri May 2024 71.60 83.99 83.99 69.00 0.916 times
26 Fri Apr 2024 76.36 66.00 76.65 63.85 9.317 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 Choksi Imag (ChoksiImag)

Date Monthly Closing Price Open High Low Volume
20 Mon May 2024 72.00 73.30 75.66 65.01 0.121 times
30 Tue Apr 2024 73.30 62.43 83.99 57.10 2.592 times
28 Thu Mar 2024 59.50 67.87 70.59 54.55 0.539 times
29 Thu Feb 2024 67.86 81.25 81.25 65.35 0.125 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 Choksi Imag (ChoksiImag)

Indicator Name Indicator Value Indicator Signal
ADX 32, 18, 27 Buy
MACD 2, 2Sell
Stochastics 67None
CCI 159Buy
RSI 53Buy
OBV 25420Sell
VWAP 69Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Choksi Imag ( (ChoksiImag) ) 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 Choksi Imag ( (ChoksiImag) ) 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 Choksi Imag ( (ChoksiImag) ) 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 Choksi Imag ( (ChoksiImag) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Choksi Imag stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Choksi Imag 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.

Choksi Imag Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 moving up

CCI has generated a buy signal for Choksi Imag 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Choksi Imag is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 69.31 and Choksi Imag (ChoksiImag) 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 Choksi Imag (ChoksiImag) stock. Volume based technical analysis of Choksi Imag (ChoksiImag) stock is negative.

Choksi Imag 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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