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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.

10 day averaged volume of Usha Martin is 749173

Date Daily Closing Price Open High Low Volume
01 Mon Mar 2021 30.70 30.75 31.60 30.30 1.012 times
25 Thu Feb 2021 31.65 32.20 32.60 31.45 1.149 times
24 Wed Feb 2021 32.10 30.50 32.60 30.50 1.62 times
23 Tue Feb 2021 30.65 29.00 30.85 28.80 1.302 times
22 Mon Feb 2021 28.70 29.95 30.55 28.30 0.927 times
19 Fri Feb 2021 29.60 29.70 30.15 29.35 1.009 times
18 Thu Feb 2021 30.00 30.25 30.50 29.90 0.882 times
17 Wed Feb 2021 29.90 29.85 30.90 29.60 0.997 times
16 Tue Feb 2021 29.90 30.50 30.50 29.60 0.548 times
15 Mon Feb 2021 30.35 30.35 30.70 29.60 0.621 times

My analysis of stock is bearish for shortterm, and stock might move down till 29.8 or till 28.2. Use a stoploss of 31.23 and if the stock hits stoploss, then it can shoot up till 32.62

Share price targets for Usha Martin (USHAMART)

Target Type Value
Downside Target 19.75
Downside Target 24.65
Downside Target 27.50
Downside Target 28.25
Downside Target 29.35
Upside Target 31.60
Upside Target 32.60
Upside Target 34.50
Upside Target 38.35
Upside Target 38.80

Intraday share price targets for Usha Martin (USHAMART)

Target Type Value
Downside Intraday Target 30.13
Downside Intraday Target 29.57
Upside Intraday Target 31.43
Upside Intraday Target 32.17
Upside Intraday Target 30.87

Weekly technical analysis of Usha Martin (USHAMART)

Date Weekly Closing Price Open High Low Volume
01 Mon Mar 2021 30.70 30.75 31.60 30.30 0.203 times
25 Thu Feb 2021 31.65 29.95 32.60 28.30 1.232 times
19 Fri Feb 2021 29.60 30.35 30.90 29.35 0.6 times
12 Fri Feb 2021 30.10 33.40 34.50 30.00 1.19 times
05 Fri Feb 2021 33.10 29.80 34.50 29.80 2.187 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 (USHAMART)

Date Monthly Closing Price Open High Low Volume
01 Mon Mar 2021 30.70 30.75 31.60 30.30 0.047 times
25 Thu Feb 2021 31.65 29.80 34.50 28.30 0.702 times
29 Fri Jan 2021 29.80 36.90 38.80 28.25 0.463 times
31 Thu Dec 2020 36.80 25.50 38.35 24.65 6.281 times

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 (USHAMART)

Indicator Name Indicator Value Indicator Signal
ADX 18, 25, 16 Sell
MACD -0, -0Buy
Stochastics 74Buy
CCI 47Sell
RSI 55Buy
OBV -2594424Sell
VWAP 31Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Usha Martin ( (USHAMART) ) 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 ( (USHAMART) ) 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 ( (USHAMART) ) 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 ( (USHAMART) ) 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 BUY signal for Usha Martin in short term but the buy signal is initial and weak.

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

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

Usha Martin Stock is giving positive 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.

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