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(ShalimarWir) Shalimar Wir complete technical analysis [charts+indicators] | Buy/Sell Shalimar Wir | (ShalimarWir) share price targets

Complete technical analysis of Shalimar Wir (ShalimarWir) by charts plus indicators, forecast predictions and share price targets for Shalimar Wir (ShalimarWir)

10 day averaged volume of Shalimar Wir is 8778

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 23.50 22.95 23.50 22.51 0.604 times
07 Tue May 2024 22.96 23.35 24.47 22.64 2.052 times
06 Mon May 2024 23.83 23.40 24.20 23.05 0.502 times
03 Fri May 2024 23.58 23.40 24.30 23.26 0.605 times
02 Thu May 2024 23.73 24.49 24.84 23.41 0.646 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 23.2 as stoploss in an intra day buy trade for a target of 23.92. However, stock will show a bearish move below 23.2.

Share price targets for Shalimar Wir (ShalimarWir)

Target Type Value
Downside Target 19.70
Downside Target 21.32
Downside Target 21.80
Downside Target 22.51
Downside Target 23.00
Upside Target 24.47
Upside Target 24.98
Upside Target 25.33
Upside Target 25.45
Upside Target 25.94
Upside Target 26.95
Upside Target 27.70
Upside Target 29.89

Intraday share price targets for Shalimar Wir (ShalimarWir)

Target Type Value
Downside Intraday Target 22.52
Downside Intraday Target 21.53
Upside Intraday Target 24.48
Upside Intraday Target 25.45
Downside Intraday Target 23.49

Weekly technical analysis of Shalimar Wir (ShalimarWir)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 23.50 23.40 24.47 22.51 0.852 times
03 Fri May 2024 23.58 24.98 24.98 23.26 0.76 times
26 Fri Apr 2024 23.97 22.47 25.33 21.90 1.743 times
19 Fri Apr 2024 22.47 24.77 24.93 21.80 1.6 times
12 Fri Apr 2024 24.76 24.61 25.94 23.60 0.235 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 Shalimar Wir (ShalimarWir)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 23.50 24.49 24.84 22.51 0.228 times
30 Tue Apr 2024 24.12 21.32 26.95 21.32 0.92 times
28 Thu Mar 2024 20.90 25.00 25.45 19.70 0.394 times
29 Thu Feb 2024 23.57 27.48 29.89 23.00 1.54 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 Shalimar Wir (ShalimarWir)

Indicator Name Indicator Value Indicator Signal
ADX 10, 18, 30 Sell
MACD -0, 0Sell
Stochastics 36None
CCI -132Sell
RSI 55Buy
OBV -54641Sell
VWAP 24Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Shalimar Wir ( (ShalimarWir) ) 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 Shalimar Wir ( (ShalimarWir) ) 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 Shalimar Wir ( (ShalimarWir) ) 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 Shalimar Wir ( (ShalimarWir) ) 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 Shalimar Wir stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shalimar Wir in short term and the sell signal is strong.

Shalimar Wir 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 moving up

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 23.92 and Shalimar Wir (ShalimarWir) 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 Shalimar Wir (ShalimarWir) stock. Volume based technical analysis of Shalimar Wir (ShalimarWir) stock is negative.

Shalimar Wir 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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