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

(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 2024-07-12 View latest technical analysis

10 day averaged volume of Shri Techtex is 41400

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	72.50	71.25	72.70	71.25	0.386 times
11 Thu Jul 2024	72.00	73.10	74.00	71.40	0.773 times
10 Wed Jul 2024	72.45	71.55	73.80	70.45	0.918 times
09 Tue Jul 2024	73.50	68.60	74.60	68.60	1.643 times
08 Mon Jul 2024	68.80	68.00	69.95	67.75	1.546 times
05 Fri Jul 2024	67.30	69.00	69.00	66.15	1.546 times
04 Thu Jul 2024	69.00	69.00	71.00	68.05	1.304 times
03 Wed Jul 2024	67.20	68.00	72.00	65.00	1.353 times
02 Tue Jul 2024	65.00	66.00	66.10	63.80	0.58 times
01 Mon Jul 2024	66.00	62.00	66.00	62.00	0.242 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 70, but if it comes below 70, then a intra day sell could be more profitable.
If you take a sell trade below 70, then use 70 as stoploss and 66.13 as target. However if you take a buy trade in stock , then use 70 as stoploss and 74.8 as target.

Share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Target	51.50
Downside Target	59.10
Downside Target	60.50
Downside Target	63.35
Downside Target	66.50
Downside Target	67.75
Downside Target	71.25
Downside Target	72.00
Upside Target	73.90
Upside Target	74.60
Upside Target	77.65

Intraday share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Intraday Target	68.63
Downside Intraday Target	64.77
Upside Intraday Target	75.48
Upside Intraday Target	78.47
Downside Intraday Target	71.62

Weekly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	72.50	68.00	74.60	67.75	1.048 times
05 Fri Jul 2024	67.30	62.00	72.00	62.00	2 times
28 Fri Jun 2024	62.00	67.00	67.50	62.00	1.061 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

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 Shri Techtex (SHRITECH_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	72.50	62.00	74.60	62.00	1.005 times
28 Fri Jun 2024	62.00	62.70	67.50	59.10	1.05 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

Scroll below to view daily charts

Price has moved up 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shri Techtex ( (SHRITECH_SM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shri Techtex ( (SHRITECH_SM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Shri Techtex stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shri Techtex 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.

Shri Techtex Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Shri Techtex in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 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 69.57 and Shri Techtex (SHRITECH_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.