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

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

10 day averaged volume of Manorama is 10248

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 573.05 594.90 600.00 571.00 0.554 times
07 Tue May 2024 595.20 620.55 622.00 585.20 0.772 times
06 Mon May 2024 614.25 621.00 645.50 605.00 0.82 times
03 Fri May 2024 635.55 670.00 670.00 629.00 0.977 times
02 Thu May 2024 647.00 630.00 660.65 625.00 0.596 times

My analysis of stock is bullish for shortterm, and stock might move up till 641.4 or till 731.7. Use a stoploss of 566.16 and if this stock hits its stoploss, then it can fall down till 490.9

Share price targets for Manorama (Manorama)

Target Type Value
Downside Target 289.40
Downside Target 410.15
Downside Target 431.35
Downside Target 483.50
Downside Target 571.00
Upside Target 625.00
Upside Target 645.50
Upside Target 659.90
Upside Target 696.15
Upside Target 1750.30
Upside Target 1861.00
Upside Target 2088.30
Upside Target 2138.00
Upside Target 2251.50

Intraday share price targets for Manorama (Manorama)

Target Type Value
Downside Intraday Target 547.53
Downside Intraday Target 522.02
Upside Intraday Target 622.03
Upside Intraday Target 671.02
Upside Intraday Target 596.52

Weekly technical analysis of Manorama (Manorama)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 573.05 621.00 645.50 571.00 0.505 times
03 Fri May 2024 635.55 671.80 696.15 625.00 0.402 times
26 Fri Apr 2024 643.35 585.55 659.90 574.00 1.036 times
19 Fri Apr 2024 571.40 443.00 578.60 431.35 1.626 times
12 Fri Apr 2024 467.30 455.00 483.50 435.15 0.331 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 Manorama (Manorama)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 573.05 630.00 670.00 571.00 0.077 times
30 Tue Apr 2024 637.80 417.00 696.15 410.15 2.87 times
28 Thu Mar 2024 399.15 1999.00 2138.00 289.40 4.196 times
29 Thu Feb 2024 1975.20 1870.70 2088.30 1750.30 0.869 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 Manorama (Manorama)

Indicator Name Indicator Value Indicator Signal
ADX 29, 24, 8 Buy
MACD -134, -165Buy
Stochastics 17Sell
CCI -123Sell
RSI 37Sell
OBV 60005Sell
VWAP 630Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Manorama ( (Manorama) ) 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 Manorama ( (Manorama) ) based on a short term time period is

Price action analysis of Manorama ( (Manorama) ) based on a short to mid 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.

Price action analysis of Manorama ( (Manorama) ) 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 Manorama stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Manorama 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.

Manorama 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 Manorama in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Manorama is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 630.05 and Manorama (Manorama) 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 Manorama (Manorama) stock. Volume based technical analysis of Manorama (Manorama) stock is negative.

Manorama 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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