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(UMESLTD) Usha Martin complete technical analysis [charts+indicators] | Buy/Sell Usha Martin | (UMESLTD) share price targets

Complete technical analysis of Usha Martin (UMESLTD) by charts plus indicators, forecast predictions and share price targets for Usha Martin (UMESLTD)

Usha Martin trades in NSE in IT Software Products sector.

Showing technical analysis as on 2024-12-05 View latest technical analysis

10 day averaged volume of Usha Martin is 66288

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	7.66	8.31	8.31	7.56	2.015 times
04 Wed Dec 2024	7.93	8.01	8.30	7.90	1.958 times
03 Tue Dec 2024	7.91	7.85	7.91	7.70	1.154 times
02 Mon Dec 2024	7.54	7.45	7.54	7.13	0.772 times
29 Fri Nov 2024	7.19	7.70	7.70	7.16	0.703 times
28 Thu Nov 2024	7.51	7.77	7.81	7.11	1.569 times
27 Wed Nov 2024	7.44	7.41	7.44	6.76	2.004 times
26 Tue Nov 2024	7.09	7.06	7.09	6.91	0.609 times
25 Mon Nov 2024	6.76	6.60	6.83	6.50	0.685 times
22 Fri Nov 2024	6.51	6.60	6.60	6.34	0.187 times

Stock of Usha Martin (UMESLTD) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.5, but if it comes below 7.5, then a intra day sell could be more profitable.
If you take a sell trade below 7.5, then use 7.5 as stoploss and 7.03 as target. However if you take a buy trade in stock , then use 7.5 as stoploss and 8.1 as target.

Share price targets for Usha Martin (UMESLTD)

Target Type	Value
Downside Target	4.80
Downside Target	5.09
Downside Target	5.63
Downside Target	6.03
Downside Target	6.32
Downside Target	6.71
Downside Target	6.94
Downside Target	7.13
Upside Target	7.81
Upside Target	8.30
Upside Target	8.31
Upside Target	8.94
Upside Target	9.13

Intraday share price targets for Usha Martin (UMESLTD)

Target Type	Value
Downside Intraday Target	7.09
Downside Intraday Target	6.52
Upside Intraday Target	8.27
Upside Intraday Target	8.88
Upside Intraday Target	7.7

Weekly technical analysis of Usha Martin (UMESLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	7.66	7.45	8.31	7.13	1.059 times
29 Fri Nov 2024	7.19	6.60	7.81	6.50	4.02 times
22 Fri Nov 2024	6.51	6.58	6.80	6.32	0.258 times
14 Thu Nov 2024	6.58	6.75	6.94	6.38	0.799 times
08 Fri Nov 2024	6.72	9.13	9.13	6.71	1.034 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 Usha Martin (UMESLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	7.66	7.45	8.31	7.13	0.3 times
29 Fri Nov 2024	7.19	8.71	9.13	6.32	1.373 times
31 Thu Oct 2024	8.30	7.03	8.30	6.03	0.319 times
11 Thu Jul 2024	7.73	5.21	8.94	5.09	3.114 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 Usha Martin (UMESLTD)

Price action analysis of Usha Martin ( (UMESLTD) ) 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 Usha Martin ( (UMESLTD) ) 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 Usha Martin ( (UMESLTD) ) 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 Usha Martin stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Usha Martin 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.

Usha Martin 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Usha Martin in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Usha Martin is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.53 and Usha Martin (UMESLTD) 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 Usha Martin (UMESLTD) stock. Volume based technical analysis of Usha Martin (UMESLTD) stock is negative.

Usha Martin 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.