Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Honda Siel trades in NSE in Industrial Machinery sector.

Showing technical analysis as on 2024-01-15 View latest technical analysis

10 day averaged volume of Honda Siel is 8284

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	2361.15	2345.90	2385.95	2345.90	1.217 times
12 Fri Jan 2024	2339.90	2337.75	2345.80	2326.10	0.364 times
11 Thu Jan 2024	2326.10	2340.00	2340.00	2320.00	0.427 times
10 Wed Jan 2024	2319.75	2323.50	2341.15	2315.00	0.821 times
09 Tue Jan 2024	2323.50	2399.50	2400.00	2314.00	2.813 times
08 Mon Jan 2024	2387.60	2419.95	2441.25	2383.00	1.087 times
05 Fri Jan 2024	2409.90	2409.15	2427.15	2393.90	0.676 times
04 Thu Jan 2024	2397.15	2385.00	2420.60	2379.05	0.976 times
03 Wed Jan 2024	2373.90	2368.35	2389.45	2351.35	0.684 times
02 Tue Jan 2024	2368.35	2365.00	2381.70	2340.00	1.095 times

My analysis of stock is bearish for shortterm, and stock might move down till 2343.6 or till 2308.2. Use a stoploss of 2373.16 and if the stock hits stoploss, then it can shoot up till 2402.7

Share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Target	2300.00
Upside Target	2441.25
Upside Target	2448.30
Upside Target	2496.00
Upside Target	2582.55
Upside Target	2600.20
Upside Target	2944.00
Upside Target	3006.60
Upside Target	3136.15

Intraday share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Intraday Target	2342.72
Downside Intraday Target	2324.28
Upside Intraday Target	2382.77
Upside Intraday Target	2404.38
Upside Intraday Target	2364.33

Weekly technical analysis of Honda Siel (HONDAPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	2361.15	2345.90	2385.95	2345.90	0.221 times
12 Fri Jan 2024	2339.90	2419.95	2441.25	2314.00	1.228 times
05 Fri Jan 2024	2409.90	2370.00	2427.15	2340.00	2.174 times
29 Fri Dec 2023	2390.55	2383.10	2409.95	2360.00	0.468 times
22 Fri Dec 2023	2371.20	2427.00	2448.30	2313.20	0.498 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 Honda Siel (HONDAPOWER)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	2361.15	2370.00	2441.25	2314.00	0.35 times
29 Fri Dec 2023	2390.55	2433.00	2496.00	2300.00	1.111 times
30 Thu Nov 2023	2406.50	2915.00	3006.60	2400.00	0.682 times
31 Tue Oct 2023	2874.90	2850.00	3136.15	2582.55	1.203 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 Honda Siel (HONDAPOWER)

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

MACD generated a BUY signal for Honda Siel 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.

Honda Siel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Honda Siel in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Honda Siel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2356.31 and Honda Siel (HONDAPOWER) 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 Honda Siel (HONDAPOWER) stock. Volume based technical analysis of Honda Siel (HONDAPOWER) stock is negative.

Honda Siel 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.