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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 16224

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 5074.90 5224.95 5224.95 5025.00 1.013 times
20 Mon May 2024 5267.00 5334.95 5399.95 5200.00 0.214 times
17 Fri May 2024 5309.70 5555.00 5645.00 5190.75 0.702 times
16 Thu May 2024 5463.90 5720.00 5799.00 5311.60 0.973 times
15 Wed May 2024 5545.25 5429.00 5545.25 5400.00 0.899 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5168.6, but if it comes above 5168.6, then a intra day buy could be more profitable.
If you take a sell trade below 5168.6, then use 5168.6 as stoploss and 4599.2 as target. However if you take a buy trade in stock , then use 5168.6 as stoploss and 5642.99 as target.

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 4430.00
Downside Target 4831.55
Downside Target 4928.60
Upside Target 5399.95
Upside Target 5527.70
Upside Target 5799.00
Upside Target 6123.00
Upside Target 6138.45
Upside Target 6701.00
Upside Target 6769.50

Intraday share price targets for Shilchar Tec (ShilcharTec)

Target Type Value
Downside Intraday Target 4933.28
Downside Intraday Target 4791.67
Upside Intraday Target 5308.23
Upside Intraday Target 5541.57
Upside Intraday Target 5166.62

Weekly technical analysis of Shilchar Tec (ShilcharTec)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 5074.90 5334.95 5399.95 5025.00 0.278 times
17 Fri May 2024 5309.70 5010.00 5799.00 4831.55 0.458 times
10 Fri May 2024 5085.80 5540.00 6123.00 4928.60 3.142 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

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 Shilchar Tec (ShilcharTec)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 5074.90 6138.45 6138.45 4831.55 0.456 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 21, 29, 17 Sell
MACD 219, 347Sell
Stochastics 36None
CCI -90Sell
RSI 58Buy
OBV -81246Sell
VWAP 5283Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 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 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 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 Weak 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 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 getting stronger in this stock.

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 Shilchar Tec 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shilchar Tec is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5282.61 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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