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(SYRMA) Syrma Sgs complete technical analysis [charts+indicators] | Buy/Sell Syrma Sgs | (SYRMA) share price targets

Complete technical analysis of Syrma Sgs (SYRMA) by charts plus indicators, forecast predictions and share price targets for Syrma Sgs (SYRMA)

Showing technical analysis as on 2024-04-18 View latest technical analysis

10 day averaged volume of Syrma Sgs is 350451

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	473.15	477.00	484.95	472.00	0.595 times
16 Tue Apr 2024	471.85	474.00	484.00	468.90	0.641 times
15 Mon Apr 2024	478.90	476.50	484.00	470.80	0.572 times
12 Fri Apr 2024	488.35	476.00	492.15	475.30	0.827 times
10 Wed Apr 2024	479.35	475.00	483.90	474.55	0.624 times
09 Tue Apr 2024	473.70	489.80	495.00	472.00	1.388 times
08 Mon Apr 2024	487.60	496.70	500.00	486.05	0.862 times
05 Fri Apr 2024	493.10	499.85	501.95	491.05	0.698 times
04 Thu Apr 2024	500.20	499.50	502.95	484.10	1.773 times
03 Wed Apr 2024	494.65	489.95	497.20	487.00	0.781 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 473.2, but if it comes above 473.2, then a intra day buy could be more profitable.
If you take a sell trade below 473.2, then use 473.2 as stoploss and 461.9 as target. However if you take a buy trade in stock , then use 473.2 as stoploss and 482.56 as target.

Share price targets for Syrma Sgs (SYRMA)

Target Type	Value
Downside Target	450.00
Downside Target	461.30
Upside Target	484.00
Upside Target	503.25
Upside Target	509.05
Upside Target	560.55
Upside Target	569.95
Upside Target	588.50
Upside Target	601.95
Upside Target	672.80
Upside Target	705.20

Intraday share price targets for Syrma Sgs (SYRMA)

Target Type	Value
Downside Intraday Target	466.38
Downside Intraday Target	459.62
Upside Intraday Target	482.43
Upside Intraday Target	491.72
Upside Intraday Target	475.67

Weekly technical analysis of Syrma Sgs (SYRMA)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	473.15	476.50	484.95	468.90	0.489 times
12 Fri Apr 2024	488.35	496.70	500.00	472.00	0.554 times
05 Fri Apr 2024	493.10	474.35	503.25	472.60	1.607 times
28 Thu Mar 2024	465.40	482.70	484.00	461.30	0.566 times
22 Fri Mar 2024	482.00	507.00	509.05	472.20	0.387 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 Syrma Sgs (SYRMA)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	473.15	474.35	503.25	468.90	0.285 times
28 Thu Mar 2024	465.40	536.00	569.95	450.00	0.915 times
29 Thu Feb 2024	524.35	601.65	601.95	491.00	1.664 times
31 Wed Jan 2024	598.70	665.45	672.80	588.50	0.558 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 Syrma Sgs (SYRMA)

Price action analysis of Syrma Sgs ( (SYRMA) ) 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 Syrma Sgs ( (SYRMA) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Syrma Sgs ( (SYRMA) ) 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 Syrma Sgs stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Syrma Sgs in short term but the buy signal is initial and weak.

Syrma Sgs 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 moving up

CCI has generated a buy signal for Syrma Sgs in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Syrma Sgs is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 485.8 and Syrma Sgs (SYRMA) 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 Syrma Sgs (SYRMA) stock. Volume based technical analysis of Syrma Sgs (SYRMA) stock is negative.

Syrma Sgs 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.