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

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

Usha Martin trades in NSE in Iron & Steel Products sector.

Showing technical analysis as on 2024-09-03 View latest technical analysis

10 day averaged volume of Usha Martin is 1215621

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	333.90	334.00	341.00	332.00	0.842 times
02 Mon Sep 2024	334.75	332.00	336.55	326.95	0.683 times
30 Fri Aug 2024	331.35	336.50	338.60	330.30	0.52 times
29 Thu Aug 2024	336.90	341.55	342.00	332.00	0.594 times
28 Wed Aug 2024	341.70	340.00	347.20	337.15	0.526 times
27 Tue Aug 2024	343.10	336.50	344.65	333.60	0.785 times
26 Mon Aug 2024	336.50	332.00	337.00	330.05	1.262 times
23 Fri Aug 2024	332.85	334.10	336.60	329.00	0.744 times
22 Thu Aug 2024	336.80	332.20	343.60	330.50	0.702 times
21 Wed Aug 2024	332.20	339.00	340.65	330.70	0.548 times

My analysis of stock is bearish for shortterm, and stock might move down till 329.2 or till 319.6. Use a stoploss of 337.27 and if the stock hits stoploss, then it can shoot up till 345.31

Share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Target	312.25
Downside Target	326.95
Upside Target	341.00
Upside Target	347.20
Upside Target	349.30
Upside Target	350.25
Upside Target	364.80
Upside Target	378.45
Upside Target	387.00
Upside Target	423.95
Upside Target	427.80

Intraday share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Intraday Target	326.9
Downside Intraday Target	319.9
Upside Intraday Target	340.95
Upside Intraday Target	348
Upside Intraday Target	333.95

Weekly technical analysis of Usha Martin (USHAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	333.90	332.00	341.00	326.95	0.414 times
30 Fri Aug 2024	331.35	332.00	347.20	330.05	0.519 times
23 Fri Aug 2024	332.85	327.00	346.40	318.00	1.57 times
16 Fri Aug 2024	326.90	345.30	349.30	314.95	1.629 times
09 Fri Aug 2024	347.20	364.80	364.80	342.00	0.781 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 (USHAMART)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	333.90	332.00	341.00	326.95	0.079 times
30 Fri Aug 2024	331.35	379.75	387.00	314.95	1.145 times
31 Wed Jul 2024	379.75	387.85	427.80	350.25	0.731 times
28 Fri Jun 2024	387.85	382.75	423.95	312.25	1.45 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 (USHAMART)

Price action analysis of Usha Martin ( (USHAMART) ) 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 ( (USHAMART) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

Price action analysis of Usha Martin ( (USHAMART) ) 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 Usha Martin stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Usha Martin Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Usha Martin in short term but BUY signal is weak.

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 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 336.11 and Usha Martin (USHAMART) 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 (USHAMART) stock. Volume based technical analysis of Usha Martin (USHAMART) stock is negative.

Usha Martin 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.