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

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

10 day averaged volume of Hemang is 6485

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 33.86 33.30 34.32 33.30 0.651 times
29 Mon Apr 2024 33.51 33.19 34.79 33.19 1.312 times
26 Fri Apr 2024 33.19 34.17 34.99 32.99 4.309 times
25 Thu Apr 2024 34.19 34.12 35.50 34.00 0.589 times
24 Wed Apr 2024 34.16 35.22 35.49 34.04 0.434 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 33.8 as stoploss in an intra day buy trade for a target of 34.87. However, stock will show a bearish move below 33.8.

Share price targets for Hemang (Hemang)

Target Type Value
Downside Target 29.65
Downside Target 31.99
Downside Target 32.99
Upside Target 34.79
Upside Target 36.51
Upside Target 37.32
Upside Target 38.00
Upside Target 40.80
Upside Target 41.98
Upside Target 45.00
Upside Target 49.44

Intraday share price targets for Hemang (Hemang)

Target Type Value
Downside Intraday Target 33.1
Downside Intraday Target 32.35
Upside Intraday Target 34.7
Upside Intraday Target 35.55
Upside Intraday Target 33.95

Weekly technical analysis of Hemang (Hemang)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 33.86 33.19 34.79 33.19 0.32 times
26 Fri Apr 2024 33.19 34.20 35.50 32.99 2.676 times
19 Fri Apr 2024 34.05 35.00 35.50 33.05 0.73 times
12 Fri Apr 2024 36.01 37.00 37.32 35.10 0.685 times
05 Fri Apr 2024 37.20 31.99 38.00 31.99 1.172 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 Hemang (Hemang)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 33.86 31.99 38.00 31.99 0.817 times
28 Thu Mar 2024 31.88 38.30 40.80 29.65 0.194 times
29 Thu Feb 2024 38.84 39.15 49.44 35.00 3.37 times
31 Wed Jan 2024 39.80 39.06 41.98 37.00 1.116 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 Hemang (Hemang)

Indicator Name Indicator Value Indicator Signal
ADX 7, 18, 43 Sell
MACD -1, -1Sell
Stochastics 20Sell
CCI -99Sell
RSI 50Sell
OBV -16202Sell
VWAP 34Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Hemang ( (Hemang) ) 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 Hemang ( (Hemang) ) 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 Hemang ( (Hemang) ) 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 Hemang ( (Hemang) ) 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 Hemang stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Hemang 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.

Hemang 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 SELL signal for Hemang in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Hemang is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.75 and Hemang (Hemang) 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 Hemang (Hemang) stock. Volume based technical analysis of Hemang (Hemang) stock is negative.

Hemang 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.

Click here for Hemang charts

Click here for further forecast and predictions for tomorrow

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