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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 2024-08-27 View latest technical analysis

10 day averaged volume of Shri Techtex is 42600

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	68.15	67.00	71.50	66.60	1.502 times
26 Mon Aug 2024	67.95	73.55	73.55	67.75	0.704 times
23 Fri Aug 2024	68.75	72.00	72.00	68.75	0.704 times
22 Thu Aug 2024	70.00	70.20	70.20	70.00	0.094 times
21 Wed Aug 2024	70.20	69.60	70.25	69.60	0.704 times
20 Tue Aug 2024	69.45	69.05	70.45	69.05	0.61 times
19 Mon Aug 2024	69.90	66.00	69.90	66.00	1.033 times
16 Fri Aug 2024	65.00	62.00	65.40	60.30	3.146 times
14 Wed Aug 2024	62.00	62.25	64.60	60.50	1.221 times
13 Tue Aug 2024	62.60	64.00	65.00	62.60	0.845 times

My analysis of stock is bearish for shortterm, and stock might move down till 65.6 or till 61.3. Use a stoploss of 69.17 and if the stock hits stoploss, then it can shoot up till 72.75

Share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Target	59.10
Downside Target	60.30
Downside Target	66.00
Upside Target	71.25
Upside Target	72.00
Upside Target	73.55
Upside Target	73.90
Upside Target	76.30
Upside Target	76.85
Upside Target	78.85

Intraday share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Intraday Target	65.32
Downside Intraday Target	62.48
Upside Intraday Target	72.27
Upside Intraday Target	76.38
Upside Intraday Target	69.43

Weekly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	68.15	73.55	73.55	66.60	0.701 times
23 Fri Aug 2024	68.75	66.00	72.00	66.00	0.511 times
16 Fri Aug 2024	65.00	67.50	68.70	60.30	1.297 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

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 Tue Aug 2024	68.15	75.50	76.30	60.30	0.964 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 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 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 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 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. Bulls are getting tired and bears 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 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 66.48 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 negative.

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