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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 16026

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 412.70 416.15 417.25 403.00 1.422 times
15 Wed May 2024 416.45 423.05 423.05 408.65 0.576 times
14 Tue May 2024 416.25 426.00 426.05 413.90 0.817 times
13 Mon May 2024 425.70 420.15 429.40 420.15 0.557 times
10 Fri May 2024 428.70 423.95 430.30 416.05 0.668 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 406.1 as stoploss in an intra day buy trade for a target of 420.26. However, stock will show a bearish move below 406.1.

Share price targets for Honasa (Honasa)

Target Type Value
Downside Target 357.85
Downside Target 375.00
Downside Target 394.00
Upside Target 428.00
Upside Target 429.40
Upside Target 433.95
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 400.67
Downside Intraday Target 388.63
Upside Intraday Target 427.07
Upside Intraday Target 441.43
Upside Intraday Target 415.03

Weekly technical analysis of Honasa (Honasa)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 412.70 420.15 429.40 403.00 0.667 times
10 Fri May 2024 428.70 411.50 433.95 411.50 0.758 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

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 Honasa (Honasa)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 412.70 436.05 436.05 403.00 0.097 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 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 Honasa (Honasa)

Indicator Name Indicator Value Indicator Signal
ADX 15, 21, 16 Sell
MACD 6, 9Sell
Stochastics 26Sell
CCI -157Sell
RSI 51Buy
OBV -1465529Sell
VWAP 423Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Honasa 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 Honasa 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 Honasa is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 423.33 and Honasa (Honasa) 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 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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