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(SakthiSugar) Sakthi Sugar complete technical analysis [charts+indicators] | Buy/Sell Sakthi Sugar | (SakthiSugar) share price targets

Complete technical analysis of Sakthi Sugar (SakthiSugar) by charts plus indicators, forecast predictions and share price targets for Sakthi Sugar (SakthiSugar)

Showing technical analysis as on 2024-05-27 View latest technical analysis

10 day averaged volume of Sakthi Sugar is 23872

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	33.23	35.45	35.45	33.15	2.798 times
24 Fri May 2024	33.92	33.05	34.65	33.05	0.556 times
23 Thu May 2024	33.61	34.40	34.45	33.50	0.884 times
22 Wed May 2024	34.05	34.83	34.83	33.69	1.678 times
21 Tue May 2024	34.07	32.90	34.55	32.90	1.399 times
18 Sat May 2024	34.21	34.00	35.00	34.00	0.305 times
17 Fri May 2024	34.16	33.31	34.38	33.31	1.101 times
16 Thu May 2024	33.77	34.73	34.73	33.60	0.876 times
15 Wed May 2024	34.24	33.66	34.60	33.66	0.943 times
14 Tue May 2024	33.86	33.22	34.40	33.00	1.111 times

Stock of Sakthi Sugar (SakthiSugar) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 33.4, but if it comes above 33.4, then a intra day buy could be more profitable.
If you take a sell trade below 33.4, then use 33.4 as stoploss and 31.5 as target. However if you take a buy trade in stock , then use 33.4 as stoploss and 34.87 as target.

Share price targets for Sakthi Sugar (SakthiSugar)

Target Type	Value
Downside Target	26.82
Downside Target	29.00
Downside Target	30.74
Downside Target	32.90
Upside Target	34.83
Upside Target	36.26
Upside Target	36.71
Upside Target	37.16
Upside Target	38.44
Upside Target	40.59
Upside Target	46.69

Intraday share price targets for Sakthi Sugar (SakthiSugar)

Target Type	Value
Downside Intraday Target	32.44
Downside Intraday Target	31.64
Upside Intraday Target	34.74
Upside Intraday Target	36.24
Upside Intraday Target	33.94

Weekly technical analysis of Sakthi Sugar (SakthiSugar)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	33.23	35.45	35.45	33.15	0.619 times
24 Fri May 2024	33.92	32.90	34.83	32.90	0.824 times
18 Sat May 2024	34.21	35.64	35.64	33.00	0.415 times
10 Fri May 2024	33.98	36.65	36.71	33.50	0.581 times
03 Fri May 2024	36.45	37.80	40.59	36.26	1.159 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 Sakthi Sugar (SakthiSugar)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Mon May 2024	33.23	37.36	38.44	32.90	0.334 times
30 Tue Apr 2024	38.12	29.87	40.59	29.87	2.071 times
28 Thu Mar 2024	29.64	36.95	37.16	29.00	0.133 times
29 Thu Feb 2024	35.94	30.23	46.69	29.55	5.594 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 Sakthi Sugar (SakthiSugar)

Price action analysis of Sakthi Sugar ( (SakthiSugar) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sakthi Sugar ( (SakthiSugar) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sakthi Sugar ( (SakthiSugar) ) 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 Sakthi Sugar ( (SakthiSugar) ) 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 Sakthi Sugar stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sakthi Sugar in short term and the sell signal is strong.

Sakthi Sugar 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Sakthi Sugar in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Sakthi Sugar is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.81 and Sakthi Sugar (SakthiSugar) 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 Sakthi Sugar (SakthiSugar) stock. Volume based technical analysis of Sakthi Sugar (SakthiSugar) stock is negative.

Sakthi Sugar 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.