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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 2024-10-11 View latest technical analysis

10 day averaged volume of Shri Techtex is 23800

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	63.10	63.95	63.95	62.55	0.672 times
10 Thu Oct 2024	63.90	63.00	64.00	63.00	0.504 times
09 Wed Oct 2024	62.75	62.90	62.90	62.75	0.252 times
08 Tue Oct 2024	61.10	62.95	62.95	61.10	0.504 times
07 Mon Oct 2024	62.00	63.00	63.95	60.75	2.185 times
04 Fri Oct 2024	62.80	62.50	63.80	62.50	0.672 times
03 Thu Oct 2024	61.15	62.80	63.50	61.15	1.176 times
01 Tue Oct 2024	63.95	63.75	63.95	63.75	0.252 times
30 Mon Sep 2024	62.05	61.20	62.90	61.15	1.597 times
27 Fri Sep 2024	62.55	62.50	63.00	62.10	0.672 times

My analysis of stock is bearish for shortterm, and stock might move down till 61.5 or till 58. Use a stoploss of 64.34 and if the stock hits stoploss, then it can shoot up till 67.21

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	61.23
Downside Intraday Target	59.37
Upside Intraday Target	64.48
Upside Intraday Target	65.87
Downside Intraday Target	62.62

Weekly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	63.10	63.00	64.00	60.75	1.114 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 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
11 Fri Oct 2024	63.10	63.75	64.00	60.75	0.199 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shri Techtex ( (SHRITECH_SM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 Weak and stock is gaining momentum.

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

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 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 but SELL signal is weak.

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 62.23 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 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 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.