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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 2024-12-09 View latest technical analysis

10 day averaged volume of Shri Techtex is 21200

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	60.25	60.80	60.80	59.10	2.642 times
06 Fri Dec 2024	62.40	63.45	63.45	62.05	0.66 times
05 Thu Dec 2024	63.45	63.45	63.45	63.45	0.094 times
04 Wed Dec 2024	60.75	63.00	63.00	60.65	0.755 times
03 Tue Dec 2024	62.70	63.50	63.50	62.70	0.189 times
02 Mon Dec 2024	63.30	61.70	63.30	61.70	0.189 times
29 Fri Nov 2024	61.20	63.00	63.00	61.10	0.472 times
28 Thu Nov 2024	62.50	63.00	63.50	62.50	0.472 times
27 Wed Nov 2024	63.40	58.90	68.00	58.90	3.585 times
26 Tue Nov 2024	57.40	57.00	58.50	56.25	0.943 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 59.3 as stoploss in an intra day buy trade for a target of 61.53. However, stock will show a bearish move below 59.3.

Share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Target	56.00
Downside Target	59.10
Upside Target	63.50
Upside Target	65.00
Upside Target	66.40
Upside Target	67.55
Upside Target	68.00
Upside Target	69.70
Upside Target	74.90
Upside Target	76.30

Intraday share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Intraday Target	59.3
Downside Intraday Target	58.35
Upside Intraday Target	61
Upside Intraday Target	61.75
Downside Intraday Target	60.05

Weekly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	60.25	60.80	60.80	59.10	1.4 times
06 Fri Dec 2024	62.40	61.70	63.50	60.65	0.233 times
29 Fri Nov 2024	61.20	59.75	68.00	56.25	0.601 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

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
09 Mon Dec 2024	60.25	61.70	63.50	59.10	0.154 times
29 Fri Nov 2024	61.20	66.90	69.70	56.00	0.963 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

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 neutral. A longer time frame might give a better analysis.

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 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. 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 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 61.58 and Shri Techtex (SHRITECH_SM) stock is trading below this level. This means that stock is falling with high volumes. 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.