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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 2024-12-16 View latest technical analysis

10 day averaged volume of Shri Techtex is 19800

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	58.50	58.55	58.55	58.50	0.404 times
13 Fri Dec 2024	59.00	59.95	59.95	56.65	1.919 times
12 Thu Dec 2024	59.45	60.50	60.70	58.80	2.525 times
11 Wed Dec 2024	60.75	60.90	60.90	60.75	0.202 times
10 Tue Dec 2024	60.60	60.05	61.35	60.05	0.505 times
09 Mon Dec 2024	60.25	60.80	60.80	59.10	2.828 times
06 Fri Dec 2024	62.40	63.45	63.45	62.05	0.707 times
05 Thu Dec 2024	63.45	63.45	63.45	63.45	0.101 times
04 Wed Dec 2024	60.75	63.00	63.00	60.65	0.808 times
03 Tue Dec 2024	62.70	63.50	63.50	62.70	0.202 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.6, but if it comes above 58.6, then a intra day buy could be more profitable.
If you take a sell trade below 58.6, then use 58.6 as stoploss and 56.2 as target. However if you take a buy trade in stock , then use 58.6 as stoploss and 60.61 as target.

Share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Target	56.00
Downside Target	58.50
Upside Target	61.35
Upside Target	63.50
Upside Target	65.00
Upside Target	66.40
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	58.48
Downside Intraday Target	58.47
Upside Intraday Target	58.53
Upside Intraday Target	58.57
Upside Intraday Target	58.52

Weekly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	58.50	58.55	58.55	58.50	0.051 times
13 Fri Dec 2024	59.00	60.80	61.35	56.65	3.95 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

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
16 Mon Dec 2024	58.50	61.70	63.50	56.65	0.33 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 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 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 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 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 BUY signal in short term and the buying is gaining 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 60.04 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.