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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 2024-11-18 View latest technical analysis

10 day averaged volume of Shri Techtex is 16600

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	60.85	65.00	65.00	59.05	6.145 times
14 Thu Nov 2024	64.80	64.80	64.80	64.80	0.12 times
13 Wed Nov 2024	62.30	67.55	67.55	62.30	1.205 times
12 Tue Nov 2024	62.60	62.60	62.60	62.60	0.12 times
11 Mon Nov 2024	63.50	63.90	63.90	63.50	0.241 times
08 Fri Nov 2024	63.40	64.00	64.00	63.25	0.843 times
07 Thu Nov 2024	63.20	64.00	64.00	63.20	1.807 times
06 Wed Nov 2024	63.80	63.30	63.85	63.30	0.361 times
05 Tue Nov 2024	63.00	64.00	65.00	63.00	0.602 times
04 Mon Nov 2024	64.00	65.75	65.75	64.00	1.807 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 61.1, but if it comes above 61.1, then a intra day buy could be more profitable.
If you take a sell trade below 61.1, then use 61.1 as stoploss and 58.8 as target. However if you take a buy trade in stock , then use 61.1 as stoploss and 62.92 as target.

Share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Target	59.05
Upside Target	65.00
Upside Target	65.75
Upside Target	66.40
Upside Target	67.55
Upside Target	69.70
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	58.27
Downside Intraday Target	55.68
Upside Intraday Target	64.22
Upside Intraday Target	67.58
Upside Intraday Target	61.63

Weekly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	60.85	65.00	65.00	59.05	3.643 times
14 Thu Nov 2024	64.80	63.90	67.55	62.30	0.311 times
08 Fri Nov 2024	63.40	65.75	65.75	63.00	0.197 times
01 Fri Nov 2024	67.35	60.00	69.70	59.45	7.6 times
25 Fri Oct 2024	59.40	65.00	65.00	59.15	1.875 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	60.85	66.90	69.70	59.05	0.414 times
31 Thu Oct 2024	64.35	63.75	66.40	59.15	0.873 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

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 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 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 losing 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Shri Techtex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 62.17 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.