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

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

10 day averaged volume of Srm is 15177

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 191.15 191.65 192.90 185.75 0.78 times
06 Mon May 2024 190.65 200.60 200.60 190.00 1.074 times
03 Fri May 2024 197.25 200.45 201.00 196.00 0.853 times
02 Thu May 2024 199.10 200.00 202.00 198.50 0.937 times
30 Tue Apr 2024 200.20 204.85 204.85 200.00 0.823 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 194.2, but if it comes above 194.2, then a intra day buy could be more profitable.
If you take a sell trade below 194.2, then use 194.2 as stoploss and 184.2 as target. However if you take a buy trade in stock , then use 194.2 as stoploss and 202.48 as target.

Share price targets for Srm (Srm)

Target Type Value
Downside Target 185.75
Upside Target 193.55
Upside Target 202.00
Upside Target 204.10
Upside Target 208.35
Upside Target 211.65
Upside Target 227.50
Upside Target 248.00

Intraday share price targets for Srm (Srm)

Target Type Value
Downside Intraday Target 184.4
Downside Intraday Target 177.65
Upside Intraday Target 199.25
Upside Intraday Target 207.35
Upside Intraday Target 192.5

Weekly technical analysis of Srm (Srm)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 191.15 200.60 200.60 185.75 0.334 times
03 Fri May 2024 197.25 199.15 208.35 196.00 1.356 times
26 Fri Apr 2024 198.70 203.00 204.10 197.70 0.452 times
19 Fri Apr 2024 200.15 201.85 211.65 193.55 0.808 times
12 Fri Apr 2024 207.85 225.00 227.50 201.00 0 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 Srm (Srm)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 191.15 200.00 202.00 185.75 0.038 times
30 Tue Apr 2024 200.20 225.00 248.00 193.55 0 times
01 Thu Jan 1970 0 times
01 Thu Jan 1970 0 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 Srm (Srm)

Indicator Name Indicator Value Indicator Signal
ADX 13, 32, 41 Sell
MACD 85, 12Buy
Stochastics 16Sell
CCI -204Sell
RSI 27Sell
OBV 277443Sell
VWAP 199Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Srm ( (Srm) ) 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 Srm ( (Srm) ) 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 Srm ( (Srm) ) 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 Srm ( (Srm) ) based on a mid to longer term time period is

ADX buy sell signal for Srm stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Srm 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.

Srm 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 moving up

CCI has generated a SELL signal for Srm in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Srm is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 198.65 and Srm (Srm) 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 Srm (Srm) stock. Volume based technical analysis of Srm (Srm) stock is negative.

Srm Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Srm charts

Click here for further forecast and predictions for tomorrow

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