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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 2024-11-26 View latest technical analysis

10 day averaged volume of Shri Techtex is 38400

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	57.40	57.00	58.50	56.25	0.521 times
25 Mon Nov 2024	57.65	59.75	59.80	57.40	1.458 times
22 Fri Nov 2024	58.15	57.50	58.95	56.00	1.771 times
21 Thu Nov 2024	57.50	59.00	59.60	57.00	2.448 times
19 Tue Nov 2024	62.40	61.00	62.40	60.80	0.573 times
18 Mon Nov 2024	60.85	65.00	65.00	59.05	2.656 times
14 Thu Nov 2024	64.80	64.80	64.80	64.80	0.052 times
13 Wed Nov 2024	62.30	67.55	67.55	62.30	0.521 times
12 Tue Nov 2024	62.60	62.60	62.60	62.60	0.052 times
11 Mon Nov 2024	63.50	63.90	63.90	63.50	0.104 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.3, but if it comes above 59.3, then a intra day buy could be more profitable.
If you take a sell trade below 59.3, then use 59.3 as stoploss and 56 as target. However if you take a buy trade in stock , then use 59.3 as stoploss and 61.95 as target.

Share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Target	56.00
Upside Target	59.15
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	55.83
Downside Intraday Target	54.27
Upside Intraday Target	59.38
Upside Intraday Target	61.37
Upside Intraday Target	57.82

Weekly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	57.40	59.75	59.80	56.25	0.266 times
22 Fri Nov 2024	58.15	65.00	65.00	56.00	10.214 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

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
26 Tue Nov 2024	57.40	66.90	69.70	56.00	0.815 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 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 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 weakening, and bulls are picking up momentum!

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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 59.15 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.