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

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

Showing technical analysis as on 2024-05-18 View latest technical analysis

10 day averaged volume of Honasa Consumer is 557579

Date	Daily Closing Price	Open	High	Low	Volume
18 Sat May 2024	406.55	408.40	408.40	403.05	0.042 times
17 Fri May 2024	400.20	417.10	417.10	398.05	4.215 times
16 Thu May 2024	410.95	416.95	417.00	403.05	1.869 times
15 Wed May 2024	416.25	417.50	420.00	408.95	0.475 times
14 Tue May 2024	417.50	425.95	425.95	413.60	0.343 times
13 Mon May 2024	425.50	429.15	429.50	422.00	0.381 times
10 Fri May 2024	429.00	429.60	430.05	414.90	0.769 times
09 Thu May 2024	428.35	430.00	431.75	422.95	0.664 times
08 Wed May 2024	430.45	424.95	433.50	422.45	0.645 times
07 Tue May 2024	428.00	430.00	430.30	418.10	0.289 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 412.5, but if it comes above 412.5, then a intra day buy could be more profitable.
If you take a sell trade below 412.5, then use 412.5 as stoploss and 400.9 as target. However if you take a buy trade in stock , then use 412.5 as stoploss and 422.22 as target.

Share price targets for Honasa Consumer (HONASA)

Target Type	Value
Downside Target	357.35
Downside Target	374.75
Downside Target	390.00
Downside Target	398.05
Upside Target	429.50
Upside Target	433.50
Upside Target	435.00
Upside Target	443.20
Upside Target	446.40
Upside Target	474.90
Upside Target	511.00

Intraday share price targets for Honasa Consumer (HONASA)

Target Type	Value
Downside Intraday Target	393.23
Downside Intraday Target	379.92
Upside Intraday Target	424.68
Upside Intraday Target	442.82
Upside Intraday Target	411.37

Weekly technical analysis of Honasa Consumer (HONASA)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Sat May 2024	406.55	429.15	429.50	398.05	2.696 times
10 Fri May 2024	429.00	421.15	433.50	413.00	1.333 times
03 Fri May 2024	420.15	438.00	443.20	412.05	0.195 times
26 Fri Apr 2024	428.70	400.00	446.40	390.00	2.403 times
19 Fri Apr 2024	387.30	391.00	398.55	374.75	3.219 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Honasa Consumer (HONASA)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Sat May 2024	406.55	435.00	435.00	398.05	0.543 times
30 Tue Apr 2024	431.20	411.65	446.40	374.75	0.989 times
28 Thu Mar 2024	402.40	419.80	424.00	357.35	0.632 times
29 Thu Feb 2024	414.10	463.00	474.90	405.70	0.797 times

Scroll below to view daily charts

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 Consumer (HONASA)

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

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

Honasa Consumer 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Honasa Consumer in short term but BUY signal is weak.

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 Consumer is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 411.75 and Honasa Consumer (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 Consumer (HONASA) stock. Volume based technical analysis of Honasa Consumer (HONASA) stock is negative.

Honasa Consumer 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.