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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 2024-08-13 View latest technical analysis

10 day averaged volume of Shri Techtex is 33800

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	62.60	64.00	65.00	62.60	1.065 times
12 Mon Aug 2024	66.15	67.50	68.70	65.70	1.183 times
09 Fri Aug 2024	67.50	68.00	69.90	67.00	2.13 times
08 Thu Aug 2024	68.00	69.10	69.15	67.15	1.479 times
07 Wed Aug 2024	69.55	69.80	70.30	69.50	0.414 times
06 Tue Aug 2024	69.90	71.30	72.00	69.65	1.243 times
05 Mon Aug 2024	71.00	69.00	72.00	69.00	0.71 times
02 Fri Aug 2024	73.55	72.85	74.45	72.00	1.006 times
01 Thu Aug 2024	71.60	75.50	76.30	71.25	0.947 times
31 Wed Jul 2024	75.30	72.65	76.35	72.50	0.296 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 62.7, for a target of 67.2 or 70.95

Share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Target	59.10
Downside Target	61.10
Upside Target	66.10
Upside Target	70.90
Upside Target	71.25
Upside Target	72.00
Upside Target	73.90
Upside Target	76.30
Upside Target	76.85
Upside Target	77.00
Upside Target	78.85

Intraday share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Intraday Target	60.57
Downside Intraday Target	58.53
Upside Intraday Target	66.67
Upside Intraday Target	70.73
Upside Intraday Target	64.63

Weekly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	62.60	67.50	68.70	62.60	0.376 times
09 Fri Aug 2024	67.50	69.00	72.00	67.00	1.507 times
02 Fri Aug 2024	73.55	68.80	76.85	68.80	1.136 times
26 Fri Jul 2024	70.00	70.90	77.00	66.10	0.678 times
19 Fri Jul 2024	70.90	74.00	78.85	70.90	0.798 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
13 Tue Aug 2024	62.60	75.50	76.30	62.60	0.438 times
31 Wed Jul 2024	75.30	62.00	78.85	62.00	1.854 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

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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 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 but buying 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 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 68.69 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.