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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)

10 day averaged volume of Usha Martin is 1008859

Date Daily Closing Price Open High Low Volume
08 Fri Nov 2024 397.30 420.00 420.90 395.10 1.065 times
07 Thu Nov 2024 416.70 410.00 437.70 408.55 2.595 times
06 Wed Nov 2024 420.45 423.00 423.65 415.00 0.642 times
05 Tue Nov 2024 421.60 409.85 423.90 406.55 0.878 times
04 Mon Nov 2024 413.05 428.00 429.70 409.10 0.659 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 399.5, but if it comes above 399.5, then a intra day buy could be more profitable.
If you take a sell trade below 399.5, then use 399.5 as stoploss and 381.7 as target. However if you take a buy trade in stock , then use 399.5 as stoploss and 414.32 as target.

Share price targets for Usha Martin (USHAMART)

Target Type Value
Downside Target 314.95
Downside Target 326.95
Downside Target 334.40
Downside Target 350.25
Downside Target 371.70
Downside Target 380.15
Downside Target 395.10
Upside Target 404.05
Upside Target 427.80
Upside Target 437.70
Upside Target 437.80
Upside Target 451.00

Intraday share price targets for Usha Martin (USHAMART)

Target Type Value
Downside Intraday Target 382.37
Downside Intraday Target 367.43
Upside Intraday Target 424.97
Upside Intraday Target 452.63
Upside Intraday Target 410.03

Weekly technical analysis of Usha Martin (USHAMART)

Date Weekly Closing Price Open High Low Volume
08 Fri Nov 2024 397.30 428.00 437.70 395.10 3.018 times
01 Fri Nov 2024 428.15 414.90 432.40 410.50 0.293 times
30 Wed Oct 2024 414.90 387.85 428.15 381.35 1.136 times
25 Fri Oct 2024 384.40 432.90 437.80 380.15 0.178 times
18 Fri Oct 2024 429.00 413.40 451.00 404.05 0.687 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 Usha Martin (USHAMART)

Date Monthly Closing Price Open High Low Volume
08 Fri Nov 2024 397.30 426.80 437.70 395.10 0.064 times
31 Thu Oct 2024 424.90 360.00 451.00 334.40 4.672 times
30 Mon Sep 2024 357.50 332.00 371.70 326.95 0.888 times
30 Fri Aug 2024 331.35 379.75 387.00 314.95 1.145 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 20, 19, 3 Buy
MACD 19, 22Sell
Stochastics 48None
CCI -231Sell
RSI 51Buy
OBV 25276130Sell
VWAP 415Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Usha Martin ( (USHAMART) ) based on a short 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.

Price action analysis of Usha Martin ( (USHAMART) ) based on a short 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.

Price action analysis of Usha Martin ( (USHAMART) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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

CCI has generated a SELL signal for Usha Martin in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Usha Martin is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 415.44 and Usha Martin (USHAMART) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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