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(GiniSilk) Gini Silk complete technical analysis [charts+indicators] | Buy/Sell Gini Silk | (GiniSilk) share price targets

Complete technical analysis of Gini Silk (GiniSilk) by charts plus indicators, forecast predictions and share price targets for Gini Silk (GiniSilk)

10 day averaged volume of Gini Silk is 3953

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 81.51 85.90 85.90 80.00 0.277 times
17 Fri May 2024 83.49 86.50 86.50 81.01 1.026 times
16 Thu May 2024 84.99 85.50 86.85 80.50 0.068 times
15 Wed May 2024 86.39 87.20 87.20 84.40 0.079 times
14 Tue May 2024 86.20 86.98 87.98 84.00 1.813 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 80.7 as stoploss in an intra day buy trade for a target of 84.83. However, stock will show a bearish move below 80.7.

Share price targets for Gini Silk (GiniSilk)

Target Type Value
Downside Target 69.40
Downside Target 72.00
Downside Target 80.00
Upside Target 85.79
Upside Target 85.99
Upside Target 86.60
Upside Target 87.98
Upside Target 88.10
Upside Target 94.00
Upside Target 94.99
Upside Target 95.50

Intraday share price targets for Gini Silk (GiniSilk)

Target Type Value
Downside Intraday Target 79.04
Downside Intraday Target 76.57
Upside Intraday Target 84.94
Upside Intraday Target 88.37
Upside Intraday Target 82.47

Weekly technical analysis of Gini Silk (GiniSilk)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 81.51 85.90 85.90 80.00 0.083 times
17 Fri May 2024 83.49 86.57 87.98 80.50 0.355 times
10 Fri May 2024 86.57 91.90 95.50 85.99 0.148 times
03 Fri May 2024 87.67 89.00 94.99 81.00 19.982 times
26 Fri Apr 2024 85.07 80.99 85.79 74.50 8.179 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 Gini Silk (GiniSilk)

Date Monthly Closing Price Open High Low Volume
20 Mon May 2024 81.51 87.00 95.50 80.00 1.165 times
30 Tue Apr 2024 86.65 76.00 94.00 73.56 28.406 times
28 Thu Mar 2024 76.83 83.20 85.95 69.40 0.131 times
29 Thu Feb 2024 82.95 81.99 88.10 72.25 0.825 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 Gini Silk (GiniSilk)

Indicator Name Indicator Value Indicator Signal
ADX 14, 14, 3 Buy
MACD 2, 3Sell
Stochastics 20Sell
CCI -136Sell
RSI 55Buy
OBV 62269Sell
VWAP 86Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Gini Silk ( (GiniSilk) ) 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 Gini Silk ( (GiniSilk) ) 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 Gini Silk ( (GiniSilk) ) based on a short to mid 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 Gini Silk ( (GiniSilk) ) 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 Gini Silk stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Gini Silk 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 coming down

CCI has generated a SELL signal for Gini Silk 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 negative zone. This is the SELL zone

Stock of Gini Silk is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 86.44 and Gini Silk (GiniSilk) 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 Gini Silk (GiniSilk) stock. Volume based technical analysis of Gini Silk (GiniSilk) stock is negative.

Gini Silk 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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