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

(SharmaE) Sharma E complete technical analysis [charts+indicators] | Buy/Sell Sharma E | (SharmaE) share price targets

Complete technical analysis of Sharma E (SharmaE) by charts plus indicators, forecast predictions and share price targets for Sharma E (SharmaE)

Showing technical analysis as on 2024-11-21 View latest technical analysis

10 day averaged volume of Sharma E is 399

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	54.10	54.09	56.29	54.09	16.19 times
19 Tue Nov 2024	55.19	55.19	55.19	55.19	0.1 times
18 Mon Nov 2024	56.31	56.31	56.31	56.31	0.298 times
14 Thu Nov 2024	57.45	57.45	57.45	57.45	0.055 times
13 Wed Nov 2024	58.62	58.62	58.62	58.62	0.058 times
12 Tue Nov 2024	59.81	59.81	59.81	59.81	0.404 times
11 Mon Nov 2024	61.03	61.03	61.03	61.03	1.459 times
08 Fri Nov 2024	62.27	62.27	62.27	62.27	4.632 times
07 Thu Nov 2024	61.05	61.05	61.05	61.05	1.353 times
06 Wed Nov 2024	59.86	59.86	59.86	59.85	0.008 times

Stock of Sharma E (SharmaE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 50.5 or till 44.6. Use a stoploss of 55.48 and if the stock hits stoploss, then it can shoot up till 60.42

Share price targets for Sharma E (SharmaE)

Target Type	Value
Downside Target	22.50
Downside Target	39.75
Downside Target	50.65
Downside Target	53.18
Upside Target	56.31
Upside Target	61.03
Upside Target	62.27
Upside Target	70.28
Upside Target	73.79
Upside Target	81.13
Upside Target	85.40
Upside Target	109.52
Upside Target	120.80

Intraday share price targets for Sharma E (SharmaE)

Target Type	Value
Downside Intraday Target	53.36
Downside Intraday Target	52.61
Upside Intraday Target	55.58
Upside Intraday Target	57.05
Upside Intraday Target	54.83

Weekly technical analysis of Sharma E (SharmaE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	54.10	56.31	56.31	54.09	8.4 times
14 Thu Nov 2024	57.45	61.03	61.03	57.45	0.206 times
08 Fri Nov 2024	62.27	57.54	62.27	57.54	1.772 times
31 Thu Oct 2024	56.42	53.18	56.42	53.18	0.09 times
25 Fri Oct 2024	50.65	41.69	50.65	39.75	7.987 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sharma E (SharmaE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	54.10	57.54	62.27	54.09	0.371 times
31 Thu Oct 2024	56.42	81.13	81.13	39.75	4.401 times
30 Mon Sep 2024	85.40	111.70	120.80	85.40	0.419 times
30 Fri Aug 2024	109.52	73.79	109.52	73.79	4.584 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 Sharma E (SharmaE)

Price action analysis of Sharma E ( (SharmaE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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

Price action analysis of Sharma E ( (SharmaE) ) 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 Sharma E stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Sharma E 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sharma E 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 positive zone. This is a BUY zone

Stock of Sharma E is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.58 and Sharma E (SharmaE) 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 Sharma E (SharmaE) stock. Volume based technical analysis of Sharma E (SharmaE) stock is negative.

Sharma E 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.