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

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

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

Showing technical analysis as on 2024-07-29 View latest technical analysis

10 day averaged volume of Usha Martin is 82701

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	9.25	9.25	9.25	9.25	0.276 times
26 Fri Jul 2024	9.44	9.44	9.44	9.44	0.519 times
25 Thu Jul 2024	9.64	9.64	9.64	9.64	0.203 times
24 Wed Jul 2024	9.84	9.84	9.84	9.84	0.129 times
23 Tue Jul 2024	10.05	10.05	10.05	10.05	0.787 times
22 Mon Jul 2024	10.26	10.26	10.26	10.26	1.352 times
19 Fri Jul 2024	9.78	9.78	9.78	9.78	0.726 times
18 Thu Jul 2024	9.32	9.32	9.32	9.32	1.201 times
16 Tue Jul 2024	8.88	8.88	8.88	8.87	1.185 times
15 Mon Jul 2024	8.46	8.40	8.47	8.07	1.449 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 9.6 as stoploss in an intra day sell trade for a target of 7.61. However, stock will show a bullish move above 9.6.

Share price targets for Usha Martin (UMESLTD_BE)

Target Type	Value
Downside Target	4.55
Downside Target	4.65
Downside Target	5.20
Downside Target	5.70
Downside Target	6.25
Downside Target	6.70
Downside Target	7.00
Downside Target	7.36
Downside Target	8.07
Downside Target	9.25
Upside Target	9.44
Upside Target	9.78
Upside Target	10.26

Intraday share price targets for Usha Martin (UMESLTD_BE)

Target Type	Value
Downside Intraday Target	9.25
Downside Intraday Target	9.25
Downside Intraday Target	9.25
Downside Intraday Target	9.25
Downside Intraday Target	9.25

Weekly technical analysis of Usha Martin (UMESLTD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	9.25	9.25	9.25	9.25	0.092 times
26 Fri Jul 2024	9.44	10.26	10.26	9.44	0.656 times
19 Fri Jul 2024	9.78	8.40	9.78	8.07	1.635 times
12 Fri Jul 2024	8.07	5.50	8.11	5.30	1.619 times
19 Fri Apr 2024	5.50	5.20	5.75	5.20	0.962 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	9.25	8.10	10.26	7.36	1.516 times
22 Mon Apr 2024	5.50	4.55	5.80	4.55	0.596 times
28 Thu Mar 2024	4.65	6.15	6.25	4.65	0.557 times
29 Thu Feb 2024	5.90	6.25	7.00	5.70	1.013 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Usha Martin (UMESLTD_BE)

Price action analysis of Usha Martin ( (UMESLTD_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Usha Martin ( (UMESLTD_BE) ) 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_BE) ) 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.

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 green color and prices are above the green 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 BUY signal in short term but buying is losing 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 Usha Martin is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 9.4 and Usha Martin (UMESLTD_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 Usha Martin (UMESLTD_BE) stock. Volume based technical analysis of Usha Martin (UMESLTD_BE) 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.