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(SRM) Srm Contractors complete technical analysis [charts+indicators] | Buy/Sell Srm Contractors | (SRM) share price targets

Complete technical analysis of Srm Contractors (SRM) by charts plus indicators, forecast predictions and share price targets for Srm Contractors (SRM)

Showing technical analysis as on 2024-08-02 View latest technical analysis

10 day averaged volume of Srm Contractors is 471526

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	269.50	253.00	279.00	245.00	0.575 times
01 Thu Aug 2024	257.70	267.85	273.90	252.95	0.371 times
31 Wed Jul 2024	266.97	270.00	272.00	260.10	0.29 times
30 Tue Jul 2024	269.88	270.00	278.90	268.85	0.573 times
29 Mon Jul 2024	268.73	252.00	276.00	250.38	1.762 times
26 Fri Jul 2024	248.30	252.00	256.93	242.30	0.552 times
25 Thu Jul 2024	255.56	250.01	260.73	245.01	0.826 times
24 Wed Jul 2024	254.61	245.00	257.90	241.10	1.816 times
23 Tue Jul 2024	237.16	240.00	244.40	215.00	2.331 times
22 Mon Jul 2024	224.02	212.00	225.90	210.25	1.012 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 258.8, but if it comes below 258.8, then a intra day sell could be more profitable.
If you take a sell trade below 258.8, then use 258.8 as stoploss and 227.08 as target. However if you take a buy trade in stock , then use 258.8 as stoploss and 296.9 as target.

Share price targets for Srm Contractors (SRM)

Target Type	Value
Downside Target	142.85
Downside Target	170.65
Downside Target	175.00
Downside Target	194.55
Downside Target	202.00
Downside Target	210.25
Downside Target	226.77
Downside Target	245.00
Downside Target	260.73
Upside Target	278.90
Upside Target	279.00

Intraday share price targets for Srm Contractors (SRM)

Target Type	Value
Downside Intraday Target	250
Downside Intraday Target	230.5
Upside Intraday Target	284
Upside Intraday Target	298.5
Downside Intraday Target	264.5

Weekly technical analysis of Srm Contractors (SRM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	269.50	252.00	279.00	245.00	0.546 times
26 Fri Jul 2024	248.30	212.00	260.73	210.25	1.932 times
19 Fri Jul 2024	213.64	209.93	226.77	205.21	0.786 times
12 Fri Jul 2024	208.55	178.25	210.42	177.01	12.782 times
05 Fri Jul 2024	177.48	179.60	180.26	175.00	0.419 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 Srm Contractors (SRM)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	269.50	267.85	279.00	245.00	0.055 times
31 Wed Jul 2024	266.97	179.60	278.90	175.00	5.428 times
28 Fri Jun 2024	177.96	177.05	195.93	142.85	0.846 times
31 Fri May 2024	175.30	200.20	202.00	170.65	1.659 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 Srm Contractors (SRM)

Price action analysis of Srm Contractors ( (SRM) ) 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 Srm Contractors ( (SRM) ) based on a short 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 Srm Contractors ( (SRM) ) 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 Srm Contractors ( (SRM) ) based on a mid to longer 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.

ADX buy sell signal for Srm Contractors stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Srm Contractors in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Srm Contractors Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Srm Contractors in short term and BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Srm Contractors is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 251.9 and Srm Contractors (SRM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Srm Contractors (SRM) stock. Volume based technical analysis of Srm Contractors (SRM) stock is negative.

Srm Contractors Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.