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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 2024-10-07 View latest technical analysis

10 day averaged volume of Shri Techtex is 24200

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	62.00	63.00	63.95	60.75	2.149 times
04 Fri Oct 2024	62.80	62.50	63.80	62.50	0.661 times
03 Thu Oct 2024	61.15	62.80	63.50	61.15	1.157 times
01 Tue Oct 2024	63.95	63.75	63.95	63.75	0.248 times
30 Mon Sep 2024	62.05	61.20	62.90	61.15	1.57 times
27 Fri Sep 2024	62.55	62.50	63.00	62.10	0.661 times
26 Thu Sep 2024	63.05	62.25	63.10	61.65	2.149 times
25 Wed Sep 2024	62.05	62.50	62.50	61.85	1.488 times
24 Tue Sep 2024	64.00	64.90	64.90	64.00	0.744 times
23 Mon Sep 2024	64.90	67.75	67.75	64.90	1.157 times

Stock of Shri Techtex (SHRITECH_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.3, but if it comes above 62.3, then a intra day buy could be more profitable.
If you take a sell trade below 62.3, then use 62.3 as stoploss and 58.1 as target. However if you take a buy trade in stock , then use 62.3 as stoploss and 65.85 as target.

Share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Target	59.10
Downside Target	60.30
Upside Target	63.95
Upside Target	66.50
Upside Target	67.50
Upside Target	67.75
Upside Target	72.90
Upside Target	74.90
Upside Target	76.30
Upside Target	78.85

Intraday share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Intraday Target	60.52
Downside Intraday Target	59.03
Upside Intraday Target	63.72
Upside Intraday Target	65.43
Upside Intraday Target	62.23

Weekly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	62.00	63.00	63.95	60.75	0.591 times
04 Fri Oct 2024	62.80	61.20	63.95	61.15	0.587 times
27 Fri Sep 2024	62.55	67.75	67.75	61.65	0.708 times
20 Fri Sep 2024	66.00	74.90	74.90	64.60	0.938 times
13 Fri Sep 2024	72.00	68.00	72.90	66.50	1.948 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
07 Mon Oct 2024	62.00	63.75	63.95	60.75	0.137 times
30 Mon Sep 2024	62.05	69.00	74.90	61.15	0.843 times
30 Fri Aug 2024	69.00	75.50	76.30	60.30	1.12 times
31 Wed Jul 2024	75.30	62.00	78.85	62.00	1.854 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 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 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 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 and the buying is gaining 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 62.64 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.