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(SREEL) Sreeleathers complete technical analysis [charts+indicators] | Buy/Sell Sreeleathers | (SREEL) share price targets

Complete technical analysis of Sreeleathers (SREEL) by charts plus indicators, forecast predictions and share price targets for Sreeleathers (SREEL)

10 day averaged volume of Sreeleathers is 18403

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 273.05 282.70 282.70 271.05 0.841 times
30 Thu May 2024 279.60 295.15 295.15 277.35 2.971 times
29 Wed May 2024 302.15 291.85 308.10 290.05 1.936 times
28 Tue May 2024 291.85 296.00 296.00 290.05 0.299 times
27 Mon May 2024 294.30 295.40 297.25 290.05 0.683 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 275.8, for a target of 283.5 or 289.95

Share price targets for Sreeleathers (SREEL)

Target Type Value
Downside Target 270.55
Upside Target 276.50
Upside Target 298.80
Upside Target 308.10
Upside Target 310.00
Upside Target 315.80
Upside Target 322.85
Upside Target 324.00
Upside Target 335.50
Upside Target 400.00
Upside Target 433.70

Intraday share price targets for Sreeleathers (SREEL)

Target Type Value
Downside Intraday Target 260.03
Downside Intraday Target 247.02
Upside Intraday Target 297.08
Upside Intraday Target 321.12
Upside Intraday Target 284.07

Weekly technical analysis of Sreeleathers (SREEL)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 273.05 295.40 308.10 271.05 2.058 times
24 Fri May 2024 291.50 294.05 298.80 282.15 1.669 times
17 Fri May 2024 292.30 290.25 300.15 282.00 0.61 times
10 Fri May 2024 291.40 307.85 307.85 278.00 1.567 times
03 Fri May 2024 302.15 313.00 315.80 299.00 0.681 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 Sreeleathers (SREEL)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 273.05 304.60 310.00 271.05 1.012 times
30 Tue Apr 2024 308.40 276.50 324.00 276.50 0.957 times
28 Thu Mar 2024 276.40 311.85 322.85 270.55 0.408 times
29 Thu Feb 2024 305.85 383.25 400.00 303.05 0.504 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 Sreeleathers (SREEL)

Indicator Name Indicator Value Indicator Signal
ADX 13, 23, 29 Sell
MACD -8, -7Sell
Stochastics 30Sell
CCI -210Sell
RSI 41Sell
OBV -64976Sell
VWAP 288Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Sreeleathers ( (SREEL) ) 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 Sreeleathers ( (SREEL) ) 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 Sreeleathers ( (SREEL) ) based on a short to mid 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 Sreeleathers ( (SREEL) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Sreeleathers stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Sreeleathers 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 Sreeleathers in short term and SELL signal is strong!

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 Sreeleathers is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 287.77 and Sreeleathers (SREEL) 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 Sreeleathers (SREEL) stock. Volume based technical analysis of Sreeleathers (SREEL) stock is negative.

Sreeleathers 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.

Click here for Sreeleathers charts

Click here for further forecast and predictions for tomorrow

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