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

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

10 day averaged volume of Saffron Ind is 930

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 6.36 6.36 6.36 6.36 0.614 times
06 Mon May 2024 6.06 6.36 6.36 6.06 1.809 times
03 Fri May 2024 6.06 6.06 6.06 6.06 0.022 times
02 Thu May 2024 6.06 6.20 6.20 6.00 3.967 times
30 Tue Apr 2024 6.20 6.20 6.27 6.20 1.011 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 6.2 as stoploss in an intra day buy trade for a target of 6.83. However, stock will show a bearish move below 6.2.

Share price targets for Saffron Ind (SaffronInd)

Target Type Value
Downside Target 5.88
Downside Target 6.00
Downside Target 6.20
Downside Target 6.36
Upside Target 7.14
Upside Target 7.45
Upside Target 7.50
Upside Target 8.15
Upside Target 8.19
Upside Target 8.96
Upside Target 9.23

Intraday share price targets for Saffron Ind (SaffronInd)

Target Type Value
Downside Intraday Target 6.16
Downside Intraday Target 5.96
Upside Intraday Target 6.46
Upside Intraday Target 6.56
Downside Intraday Target 6.26

Weekly technical analysis of Saffron Ind (SaffronInd)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 6.36 6.36 6.36 6.06 0.462 times
03 Fri May 2024 6.06 6.58 6.58 6.00 2.223 times
26 Fri Apr 2024 6.45 7.14 7.14 6.40 0.3 times
18 Thu Apr 2024 7.14 7.50 7.50 6.46 1.508 times
12 Fri Apr 2024 7.45 7.82 8.19 7.45 1.182 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 Saffron Ind (SaffronInd)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 6.36 6.20 6.36 6.00 0.303 times
30 Tue Apr 2024 6.20 7.55 8.19 6.20 1.889 times
27 Wed Mar 2024 7.22 8.15 8.15 6.54 0.691 times
29 Thu Feb 2024 8.15 8.76 9.23 8.15 0.299 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 Saffron Ind (SaffronInd)

Indicator Name Indicator Value Indicator Signal
ADX 28, 28, 0 Sell
MACD -1, -1Sell
Stochastics 16Sell
CCI 5Buy
RSI 58Buy
OBV -5502Sell
VWAP 6Buy
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Saffron Ind ( (SaffronInd) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Saffron Ind ( (SaffronInd) ) 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 Saffron Ind ( (SaffronInd) ) 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 Saffron Ind ( (SaffronInd) ) 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 Saffron Ind stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Saffron Ind 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.

Saffron Ind 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 Saffron Ind in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Saffron Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.2 and Saffron Ind (SaffronInd) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Saffron Ind (SaffronInd) stock. Volume based technical analysis of Saffron Ind (SaffronInd) stock is negative.

Saffron Ind 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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