Login or Join
 Learn then Earn

(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 2743

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 32.49 33.98 33.98 31.97 1.462 times
15 Wed May 2024 33.20 33.69 33.69 32.90 0.323 times
14 Tue May 2024 33.34 34.00 34.00 32.41 0.366 times
13 Mon May 2024 32.39 34.15 34.15 32.22 0.76 times
10 Fri May 2024 32.48 32.63 33.59 32.30 0.662 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32.7, but if it comes above 32.7, then a intra day buy could be more profitable.
If you take a sell trade below 32.7, then use 32.7 as stoploss and 31.8 as target. However if you take a buy trade in stock , then use 32.7 as stoploss and 33.47 as target.

Share price targets for Hemang (Hemang)

Target Type Value
Downside Target 29.65
Downside Target 31.97
Upside Target 34.15
Upside Target 35.00
Upside Target 35.50
Upside Target 37.00
Upside Target 38.00
Upside Target 40.80
Upside Target 41.98
Upside Target 49.44

Intraday share price targets for Hemang (Hemang)

Target Type Value
Downside Intraday Target 31.59
Downside Intraday Target 30.69
Upside Intraday Target 33.77
Upside Intraday Target 35.05
Upside Intraday Target 32.87

Weekly technical analysis of Hemang (Hemang)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 32.49 34.15 34.15 31.97 0.519 times
10 Fri May 2024 32.48 33.30 34.50 32.12 0.719 times
03 Fri May 2024 33.30 33.19 34.79 32.51 0.538 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

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
16 Thu May 2024 32.49 34.30 34.50 31.97 0.273 times
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

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 Hemang (Hemang)

Indicator Name Indicator Value Indicator Signal
ADX 8, 15, 28 Sell
MACD -1, -1Buy
Stochastics 39None
CCI -106Sell
RSI 57Buy
OBV -36907Sell
VWAP 33Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Hemang ( (Hemang) ) 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 Hemang ( (Hemang) ) 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 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 gaining momentum.

MACD generated a BUY signal for Hemang in short term but the buy signal is initial and weak.

Hemang 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. 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 coming down

CCI has generated a SELL signal for Hemang in short term and SELL 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

Stock of Hemang is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.83 and Hemang (Hemang) 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 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

 Learn then Earn
Back to top | Use Dark Theme