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(UGARSUGAR) Ugar Sugar complete technical analysis [charts+indicators] | Buy/Sell Ugar Sugar | (UGARSUGAR) share price targets

Complete technical analysis of Ugar Sugar (UGARSUGAR) by charts plus indicators, forecast predictions and share price targets for Ugar Sugar (UGARSUGAR)

Ugar Sugar trades in NSE in Sugar sector.

Showing technical analysis as on 2024-10-16 View latest technical analysis

10 day averaged volume of Ugar Sugar is 404438

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	82.60	83.10	84.35	82.12	0.286 times
15 Tue Oct 2024	83.72	84.68	85.81	83.50	0.358 times
14 Mon Oct 2024	84.67	82.50	86.24	81.76	1.045 times
11 Fri Oct 2024	82.65	83.02	83.53	82.06	0.267 times
10 Thu Oct 2024	82.98	84.00	84.50	82.53	0.334 times
09 Wed Oct 2024	83.46	84.48	85.47	83.00	0.379 times
08 Tue Oct 2024	84.04	81.54	84.61	80.31	0.788 times
07 Mon Oct 2024	80.84	87.70	88.09	80.10	1.059 times
04 Fri Oct 2024	86.88	88.04	92.00	85.20	2.063 times
03 Thu Oct 2024	87.83	86.80	92.35	86.80	2.56 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 83, but if it comes above 83, then a intra day buy could be more profitable.
If you take a sell trade below 83, then use 83 as stoploss and 80 as target. However if you take a buy trade in stock , then use 83 as stoploss and 85.51 as target.

Share price targets for Ugar Sugar (UGARSUGAR)

Target Type	Value
Downside Target	65.20
Downside Target	74.34
Downside Target	80.10
Upside Target	85.20
Upside Target	87.80
Upside Target	88.09
Upside Target	89.90
Upside Target	91.99
Upside Target	92.35
Upside Target	93.15

Intraday share price targets for Ugar Sugar (UGARSUGAR)

Target Type	Value
Downside Intraday Target	80.83
Downside Intraday Target	79.05
Upside Intraday Target	85.31
Upside Intraday Target	88.01
Upside Intraday Target	83.53

Weekly technical analysis of Ugar Sugar (UGARSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	82.60	82.50	86.24	81.76	0.597 times
11 Fri Oct 2024	82.65	87.70	88.09	80.10	0.372 times
04 Fri Oct 2024	86.88	89.03	92.35	85.20	0.642 times
27 Fri Sep 2024	89.03	86.00	93.15	85.50	2.127 times
20 Fri Sep 2024	86.20	83.89	87.80	82.00	1.348 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 Ugar Sugar (UGARSUGAR)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	82.60	87.66	92.35	80.10	0.322 times
30 Mon Sep 2024	87.60	85.79	93.15	80.83	1.155 times
30 Fri Aug 2024	85.38	85.01	91.99	75.25	1.127 times
31 Wed Jul 2024	84.96	81.99	86.60	74.34	0.647 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 Ugar Sugar (UGARSUGAR)

Price action analysis of Ugar Sugar ( (UGARSUGAR) ) 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 Ugar Sugar ( (UGARSUGAR) ) 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 Ugar Sugar ( (UGARSUGAR) ) 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 Ugar Sugar ( (UGARSUGAR) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Ugar Sugar stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ugar Sugar in short term and the sell signal is strong.

Ugar Sugar Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ugar Sugar 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

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

Stock of Ugar Sugar is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 85.28 and Ugar Sugar (UGARSUGAR) 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 Ugar Sugar (UGARSUGAR) stock. Volume based technical analysis of Ugar Sugar (UGARSUGAR) stock is negative.

Ugar Sugar 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.