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

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

10 day averaged volume of Shilchar Tec is 23212

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 5461.00 5013.00 5528.05 5013.00 1.579 times
07 Tue May 2024 5264.85 5345.25 5424.30 5264.85 1.186 times
06 Mon May 2024 5541.90 5540.00 6123.00 5540.00 2.493 times
03 Fri May 2024 5831.55 5831.55 5831.55 5831.55 0.347 times
02 Thu May 2024 6138.45 6138.45 6138.45 6138.45 0.274 times

My analysis of stock is bearish for shortterm, and stock might move down till 4935 or till 4148.6. Use a stoploss of 5590.26 and if the stock hits stoploss, then it can shoot up till 6245.54

Share price targets for Shilchar Tec (ShilcharTec)

Target Type Value
Downside Target 2525.25
Downside Target 3383.85
Downside Target 3454.30
Downside Target 3597.00
Downside Target 3800.00
Downside Target 4186.60
Downside Target 4430.00
Downside Target 4635.80
Downside Target 4875.15
Downside Target 5013.00
Upside Target 5527.70
Upside Target 5831.55
Upside Target 6123.00
Upside Target 6701.00
Upside Target 6769.50

Intraday share price targets for Shilchar Tec (ShilcharTec)

Target Type Value
Downside Intraday Target 4941.67
Downside Intraday Target 4422.33
Upside Intraday Target 6051.67
Upside Intraday Target 6642.33
Upside Intraday Target 5532.33

Weekly technical analysis of Shilchar Tec (ShilcharTec)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 5461.00 5540.00 6123.00 5013.00 2.455 times
03 Fri May 2024 5831.55 6414.95 6701.00 5831.55 0.476 times
26 Fri Apr 2024 6109.50 6140.15 6769.50 5527.70 0.605 times
19 Fri Apr 2024 5847.80 4849.00 5847.80 4635.80 1.382 times
12 Fri Apr 2024 4871.50 4415.00 4875.15 4186.60 0.905 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shilchar Tec (ShilcharTec)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 5461.00 6138.45 6138.45 5013.00 0.237 times
30 Tue Apr 2024 6461.50 3879.00 6769.50 3800.00 1.853 times
28 Thu Mar 2024 3847.55 4148.00 4514.00 3454.30 0.891 times
29 Thu Feb 2024 3974.95 3400.00 4430.00 3383.85 0.97 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 Shilchar Tec (ShilcharTec)

Indicator Name Indicator Value Indicator Signal
ADX 23, 39, 25 Sell
MACD 683, 855Sell
Stochastics 9Sell
CCI -123Buy
RSI 51Buy
OBV 247169Sell
VWAP 5800Sell
ADL 0Sell
ROC -15Sell
Force Index 0Sell

Price action analysis of Shilchar Tec ( (ShilcharTec) ) 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 Shilchar Tec ( (ShilcharTec) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shilchar Tec ( (ShilcharTec) ) based on a short to mid 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 Shilchar Tec ( (ShilcharTec) ) 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 Shilchar Tec stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shilchar Tec in short term but the sell signal is initial and weak.

Shilchar Tec 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 buy signal for Shilchar Tec in short term but BUY signal is weak.

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 Shilchar Tec is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5799.62 and Shilchar Tec (ShilcharTec) 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 Shilchar Tec (ShilcharTec) stock. Volume based technical analysis of Shilchar Tec (ShilcharTec) stock is negative.

Shilchar Tec Stock has given negative 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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