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

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

10 day averaged volume of Srk Indus is 64867

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 21.91 22.05 22.05 21.60 0.58 times
07 Tue May 2024 21.86 22.39 22.39 21.67 0.918 times
06 Mon May 2024 21.85 22.50 22.50 21.70 1.304 times
03 Fri May 2024 22.54 22.25 22.88 22.25 0.632 times
02 Thu May 2024 22.47 22.95 23.24 22.15 1.548 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 21.7 as stoploss in an intra day buy trade for a target of 22.89. However, stock will show a bearish move below 21.7.

Share price targets for Srk Indus (SrkIndus)

Target Type Value
Downside Target 20.80
Downside Target 21.60
Upside Target 22.15
Upside Target 23.24
Upside Target 24.00
Upside Target 26.28
Upside Target 26.75
Upside Target 28.16
Upside Target 28.44
Upside Target 30.34
Upside Target 33.05
Upside Target 33.70

Intraday share price targets for Srk Indus (SrkIndus)

Target Type Value
Downside Intraday Target 21.51
Downside Intraday Target 21.1
Upside Intraday Target 22.41
Upside Intraday Target 22.9
Upside Intraday Target 22

Weekly technical analysis of Srk Indus (SrkIndus)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 21.91 22.50 22.50 21.60 0.607 times
03 Fri May 2024 22.54 22.61 23.46 22.15 0.424 times
26 Fri Apr 2024 23.06 22.70 24.34 20.80 0.869 times
19 Fri Apr 2024 21.84 23.15 24.00 21.00 1.488 times
12 Fri Apr 2024 23.78 26.30 26.75 23.50 1.136 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 Srk Indus (SrkIndus)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 21.91 22.95 23.24 21.60 0.12 times
30 Tue Apr 2024 22.62 26.79 30.34 20.80 2.679 times
28 Thu Mar 2024 25.85 27.00 28.44 22.65 0.733 times
29 Thu Feb 2024 26.80 30.88 33.05 26.28 0.966 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 Srk Indus (SrkIndus)

Indicator Name Indicator Value Indicator Signal
ADX 12, 21, 26 Sell
MACD -2, -2Buy
Stochastics 16Sell
CCI -126Sell
RSI 49Sell
OBV -1949709Sell
VWAP 23Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Srk Indus ( (SrkIndus) ) 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 Srk Indus ( (SrkIndus) ) 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 Srk Indus ( (SrkIndus) ) 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 Srk Indus ( (SrkIndus) ) 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 Srk Indus stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Srk Indus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a SELL signal for Srk Indus 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 Srk Indus is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.53 and Srk Indus (SrkIndus) 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 Srk Indus (SrkIndus) stock. Volume based technical analysis of Srk Indus (SrkIndus) stock is negative.

Srk Indus 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.

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