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

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

10 day averaged volume of Honasa is 22233

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 431.80 421.75 433.20 421.75 1.14 times
07 Tue May 2024 427.60 430.45 430.45 417.90 0.534 times
06 Mon May 2024 426.65 411.50 428.80 411.50 0.53 times
03 Fri May 2024 419.85 423.65 424.30 412.00 1.133 times
02 Thu May 2024 424.60 436.05 436.05 420.00 1.09 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 430.4, but if it comes below 430.4, then a intra day sell could be more profitable.
If you take a sell trade below 430.4, then use 430.4 as stoploss and 412.04 as target. However if you take a buy trade in stock , then use 430.4 as stoploss and 452.4 as target.

Share price targets for Honasa (Honasa)

Target Type Value
Downside Target 357.85
Downside Target 375.00
Downside Target 389.45
Downside Target 428.00
Upside Target 433.20
Upside Target 436.05
Upside Target 444.25
Upside Target 446.20
Upside Target 474.35
Upside Target 510.75

Intraday share price targets for Honasa (Honasa)

Target Type Value
Downside Intraday Target 417.8
Downside Intraday Target 403.8
Upside Intraday Target 439.5
Upside Intraday Target 447.2
Downside Intraday Target 425.5

Weekly technical analysis of Honasa (Honasa)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 431.80 411.50 433.20 411.50 0.458 times
03 Fri May 2024 419.85 437.55 444.25 412.00 0.545 times
26 Fri Apr 2024 429.05 398.05 446.20 394.00 0.13 times
19 Fri Apr 2024 385.75 380.05 398.05 375.00 25.474 times
12 Fri Apr 2024 396.70 403.90 410.45 389.45 0.839 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 Honasa (Honasa)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 431.80 436.05 436.05 411.50 0.052 times
30 Tue Apr 2024 431.45 410.40 446.20 375.00 5.478 times
28 Thu Mar 2024 402.00 419.20 428.00 357.85 0.453 times
29 Thu Feb 2024 413.80 467.85 474.35 405.70 0.579 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 Honasa (Honasa)

Indicator Name Indicator Value Indicator Signal
ADX 26, 13, 35 Buy
MACD 11, 9Buy
Stochastics 57None
CCI 52Buy
RSI 54Buy
OBV -1454673Sell
VWAP 426Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Honasa ( (Honasa) ) 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 Honasa ( (Honasa) ) 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 Honasa ( (Honasa) ) 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 Honasa ( (Honasa) ) 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 Honasa stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Honasa in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Honasa 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. Bulls are getting tired and bears 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 Honasa in short term and BUY 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 426.46 and Honasa (Honasa) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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

Honasa 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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