(ShardaMotor) Sharda Motor complete technical analysis [charts+indicators] | Buy/Sell Sharda Motor | (ShardaMotor) share price targets
Complete technical analysis of Sharda Motor (ShardaMotor) by charts plus indicators, forecast predictions and share price targets for Sharda Motor (ShardaMotor)
10 day averaged volume of Sharda Motor is 5322
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 1483.10 | 1482.95 | 1502.65 | 1476.00 | 0.275 times |
| 07 Tue May 2024 | 1488.00 | 1520.95 | 1520.95 | 1481.00 | 0.854 times |
| 06 Mon May 2024 | 1503.90 | 1529.95 | 1529.95 | 1495.05 | 0.591 times |
| 03 Fri May 2024 | 1514.00 | 1545.70 | 1550.00 | 1508.15 | 1.083 times |
| 02 Thu May 2024 | 1523.05 | 1567.65 | 1567.65 | 1494.00 | 0.688 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 1476.5 as stoploss in an intra day buy trade for a target of 1517.56. However, stock will show a bearish move below 1476.5.
Share price targets for Sharda Motor (ShardaMotor)
| Target Type | Value |
| Downside Target | 1167.05 |
| Downside Target | 1286.00 |
| Downside Target | 1311.80 |
| Downside Target | 1364.80 |
| Downside Target | 1420.10 |
| Downside Target | 1476.00 |
| Upside Target | 1529.95 |
| Upside Target | 1567.65 |
| Upside Target | 1571.00 |
| Upside Target | 1582.00 |
| Upside Target | 1600.15 |
| Upside Target | 1644.00 |
Intraday share price targets for Sharda Motor (ShardaMotor)
| Target Type | Value |
| Downside Intraday Target | 1462.75 |
| Downside Intraday Target | 1442.4 |
| Upside Intraday Target | 1516.7 |
| Upside Intraday Target | 1550.3 |
| Upside Intraday Target | 1496.35 |
Weekly technical analysis of Sharda Motor (ShardaMotor)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 1483.10 | 1529.95 | 1529.95 | 1476.00 | 0.303 times |
| 03 Fri May 2024 | 1514.00 | 1525.00 | 1582.00 | 1494.00 | 1.303 times |
| 26 Fri Apr 2024 | 1483.60 | 1539.00 | 1539.00 | 1477.00 | 0.498 times |
| 19 Fri Apr 2024 | 1504.55 | 1530.05 | 1644.00 | 1493.00 | 0.912 times |
| 12 Fri Apr 2024 | 1538.60 | 1449.15 | 1600.15 | 1420.10 | 3.79 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 Sharda Motor (ShardaMotor)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 1483.10 | 1567.65 | 1567.65 | 1476.00 | 0.12 times |
| 30 Tue Apr 2024 | 1535.85 | 1392.75 | 1644.00 | 1364.80 | 1.94 times |
| 28 Thu Mar 2024 | 1364.80 | 1382.55 | 1438.00 | 1167.05 | 0.592 times |
| 29 Thu Feb 2024 | 1373.55 | 1369.80 | 1571.00 | 1311.80 | 0.813 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 Sharda Motor (ShardaMotor)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 21, 19, 6 | Buy |
| MACD | 51, 64 | Sell |
| Stochastics | 14 | Sell |
| CCI | -79 | Sell |
| RSI | 72 | Buy |
| OBV | -1894 | Sell |
| VWAP | 1522 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Sharda Motor ( (ShardaMotor) ) 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 Sharda Motor ( (ShardaMotor) ) 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 Sharda Motor ( (ShardaMotor) ) based on a short to mid term time period is
Price action analysis of Sharda Motor ( (ShardaMotor) ) 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 Sharda Motor stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sharda Motor in short term but the sell signal is initial and weak.
Sharda Motor 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 Sharda Motor in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 Sharda Motor is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1521.55 and Sharda Motor (ShardaMotor) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Sharda Motor (ShardaMotor) stock. Volume based technical analysis of Sharda Motor (ShardaMotor) stock is negative.
Sharda Motor 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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