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

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

Showing technical analysis as on 2024-06-27 View latest technical analysis

10 day averaged volume of Shri Techtex is 22000

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	62.40	63.30	63.90	62.00	1.364 times
26 Wed Jun 2024	64.05	65.65	65.65	64.05	0.909 times
25 Tue Jun 2024	62.50	65.00	65.00	62.50	0.545 times
24 Mon Jun 2024	65.00	67.00	67.50	63.35	1.727 times
21 Fri Jun 2024	63.55	63.90	65.00	62.30	1.182 times
20 Thu Jun 2024	63.95	62.10	66.50	62.10	1.273 times
19 Wed Jun 2024	61.80	62.00	62.00	61.00	1.727 times
18 Tue Jun 2024	61.10	62.00	62.00	61.10	0.273 times
14 Fri Jun 2024	62.45	62.05	63.35	61.55	0.909 times
13 Thu Jun 2024	62.95	62.00	62.95	62.00	0.636 times

My analysis of stock is bearish for shortterm, and stock might move down till 61.2 or till 59.2. Use a stoploss of 62.86 and if the stock hits stoploss, then it can shoot up till 64.54

Share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Target	51.50
Downside Target	59.10
Downside Target	60.50
Upside Target	63.35
Upside Target	66.50
Upside Target	67.50
Upside Target	69.05
Upside Target	71.25
Upside Target	72.00
Upside Target	73.90
Upside Target	77.65
Upside Target	88.00

Intraday share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Intraday Target	60.43
Downside Intraday Target	58.47
Upside Intraday Target	65.93
Upside Intraday Target	69.47
Upside Intraday Target	63.97

Weekly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	62.40	67.00	67.50	62.00	1.02 times
21 Fri Jun 2024	63.55	62.00	66.50	61.00	0.742 times
14 Fri Jun 2024	62.45	61.15	63.35	60.50	1.467 times
07 Fri Jun 2024	63.15	62.70	67.00	59.10	1.364 times
31 Fri May 2024	62.90	68.30	69.05	62.00	1.179 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 Shri Techtex (SHRITECH_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	62.40	62.70	67.50	59.10	1.04 times
31 Fri May 2024	62.90	64.50	73.90	62.00	0.995 times
30 Tue Apr 2024	67.50	62.50	71.25	61.10	0.303 times
28 Thu Mar 2024	60.70	76.80	77.65	51.50	2.381 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 Shri Techtex (SHRITECH_SM)

Price action analysis of Shri Techtex ( (SHRITECH_SM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shri Techtex ( (SHRITECH_SM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shri Techtex ( (SHRITECH_SM) ) 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 Shri Techtex stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Shri Techtex in short term but the buy signal is initial and weak.

Shri Techtex 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shri Techtex 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 positive zone. This is a BUY zone

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

Stock of Shri Techtex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 63.19 and Shri Techtex (SHRITECH_SM) 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 Shri Techtex (SHRITECH_SM) stock. Volume based technical analysis of Shri Techtex (SHRITECH_SM) stock is negative.

Shri Techtex 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.