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

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

Showing technical analysis as on 2024-11-08 View latest technical analysis

10 day averaged volume of Srm Contractors is 17413

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	263.50	271.85	271.85	261.00	1.037 times
07 Thu Nov 2024	264.90	269.00	276.00	263.20	1.198 times
06 Wed Nov 2024	266.90	263.00	269.00	260.05	0.971 times
05 Tue Nov 2024	264.70	258.00	265.00	257.65	0.743 times
04 Mon Nov 2024	260.15	262.50	264.80	259.00	0.568 times
01 Fri Nov 2024	265.85	267.80	270.00	260.00	0.519 times
31 Thu Oct 2024	267.80	264.80	268.00	260.50	1.064 times
30 Wed Oct 2024	265.85	263.00	270.00	260.25	0.341 times
29 Tue Oct 2024	263.60	255.10	265.50	255.10	1.13 times
28 Mon Oct 2024	261.20	255.20	264.20	255.00	1.408 times

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 262.1 as stoploss in an intra day buy trade for a target of 266.61. However, stock will show a bearish move below 262.1.

Share price targets for Srm Contractors (SRM_BE)

Target Type	Value
Downside Target	194.15
Downside Target	237.30
Downside Target	245.15
Downside Target	251.50
Downside Target	263.00
Upside Target	270.00
Upside Target	276.00
Upside Target	280.25
Upside Target	288.90
Upside Target	294.00
Upside Target	299.85

Intraday share price targets for Srm Contractors (SRM_BE)

Target Type	Value
Downside Intraday Target	255.43
Downside Intraday Target	247.37
Upside Intraday Target	273.78
Upside Intraday Target	284.07
Upside Intraday Target	265.72

Weekly technical analysis of Srm Contractors (SRM_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	263.50	262.50	276.00	257.65	1.012 times
01 Fri Nov 2024	265.85	255.20	270.00	255.00	0.45 times
25 Fri Oct 2024	260.15	284.00	288.90	251.50	0.687 times
18 Fri Oct 2024	276.20	270.00	280.25	263.00	2.228 times
11 Fri Oct 2024	266.95	265.95	272.50	246.00	1.353 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 Srm Contractors (SRM_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	263.50	267.80	276.00	257.65	0.131 times
31 Thu Oct 2024	267.80	270.00	288.90	246.00	0.883 times
30 Mon Sep 2024	264.30	262.15	294.00	245.15	0.935 times
30 Fri Aug 2024	261.75	275.00	299.85	251.80	0.225 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 Srm Contractors (SRM_BE)

Price action analysis of Srm Contractors ( (SRM_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Srm Contractors ( (SRM_BE) ) 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 Srm Contractors ( (SRM_BE) ) 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 Srm Contractors stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Srm Contractors in short term but the sell signal is initial and weak.

Srm Contractors 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. Bulls are getting tired and bears 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 Srm Contractors in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 264.33 and Srm Contractors (SRM_BE) 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 Srm Contractors (SRM_BE) stock. Volume based technical analysis of Srm Contractors (SRM_BE) stock is negative.

Srm Contractors 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.