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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 2024-07-24 View latest technical analysis

10 day averaged volume of Shri Techtex is 38800

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	69.25	69.25	69.25	69.25	0.103 times
23 Tue Jul 2024	69.85	77.00	77.00	67.05	0.979 times
22 Mon Jul 2024	70.50	70.90	72.50	70.50	0.567 times
19 Fri Jul 2024	70.90	73.05	74.00	70.90	0.567 times
18 Thu Jul 2024	76.15	77.00	78.50	76.00	0.876 times
16 Tue Jul 2024	77.75	77.35	78.85	77.10	0.928 times
15 Mon Jul 2024	75.05	74.00	77.00	74.00	2.113 times
12 Fri Jul 2024	72.50	71.25	72.70	71.25	0.412 times
11 Thu Jul 2024	72.00	73.10	74.00	71.40	0.825 times
10 Wed Jul 2024	72.45	71.55	73.80	70.45	0.979 times

My analysis of stock is bearish for shortterm, and stock might move down till 65.3 or till 60.2. Use a stoploss of 69.58 and if the stock hits stoploss, then it can shoot up till 73.86

Share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Target	51.50
Downside Target	59.10
Downside Target	61.10
Downside Target	67.05
Upside Target	70.90
Upside Target	72.00
Upside Target	73.90
Upside Target	74.60
Upside Target	77.00
Upside Target	77.65
Upside Target	78.85

Intraday share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Intraday Target	65.2
Downside Intraday Target	61.15
Upside Intraday Target	75.15
Upside Intraday Target	81.05
Upside Intraday Target	71.1

Weekly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	69.25	70.90	77.00	67.05	0.368 times
19 Fri Jul 2024	70.90	74.00	78.85	70.90	0.798 times
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

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
24 Wed Jul 2024	69.25	62.00	78.85	62.00	1.566 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, and volume has increased substantially. This means that the move can 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 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 Shri Techtex ( (SHRITECH_SM) ) based on a short 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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

Shri Techtex 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 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 73.46 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 positive

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