Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-31 View latest technical analysis

10 day averaged volume of Usha Martin is 46004

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	6.84	7.20	7.20	6.79	0.322 times
30 Mon Dec 2024	7.06	7.36	7.62	7.03	0.912 times
27 Fri Dec 2024	7.32	6.82	7.38	6.82	0.602 times
26 Thu Dec 2024	7.03	7.65	7.65	7.00	0.593 times
24 Tue Dec 2024	7.30	7.53	7.53	7.16	0.604 times
23 Mon Dec 2024	7.21	7.48	7.48	7.20	0.856 times
20 Fri Dec 2024	7.13	6.96	7.30	6.96	0.752 times
19 Thu Dec 2024	6.96	7.07	7.08	6.86	1.397 times
18 Wed Dec 2024	7.23	7.11	7.35	7.11	0.634 times
17 Tue Dec 2024	7.35	7.19	7.55	7.19	1.959 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.1, but if it comes above 7.1, then a intra day buy could be more profitable.
If you take a sell trade below 7.1, then use 7.1 as stoploss and 6.6 as target. However if you take a buy trade in stock , then use 7.1 as stoploss and 7.48 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	6.79
Upside Target	7.13
Upside Target	7.47
Upside Target	7.62
Upside Target	8.19
Upside Target	8.31
Upside Target	8.35
Upside Target	8.94
Upside Target	9.13

Intraday share price targets for Usha Martin (UMESLTD)

Target Type	Value
Downside Intraday Target	6.55
Downside Intraday Target	6.25
Upside Intraday Target	7.38
Upside Intraday Target	7.91
Upside Intraday Target	7.08

Weekly technical analysis of Usha Martin (UMESLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	6.84	7.36	7.62	6.79	0.465 times
27 Fri Dec 2024	7.32	7.48	7.65	6.82	0.413 times
20 Fri Dec 2024	7.13	8.19	8.19	6.86	0.598 times
13 Fri Dec 2024	7.97	7.79	8.35	7.47	1.079 times
06 Fri Dec 2024	7.60	7.45	8.31	7.13	1.243 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 Usha Martin (UMESLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	6.84	7.45	8.35	6.79	1.096 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 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 Usha Martin (UMESLTD)

Price action analysis of Usha Martin ( (UMESLTD) ) 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 Usha Martin ( (UMESLTD) ) 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 Usha Martin ( (UMESLTD) ) 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Usha Martin in short term and the sell signal is strong.

Usha Martin 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 coming down

CCI has generated a SELL signal for Usha Martin in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 7.17 and Usha Martin (UMESLTD) 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 Usha Martin (UMESLTD) stock. Volume based technical analysis of Usha Martin (UMESLTD) stock is negative.

Usha Martin Stock has given negative 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.