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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 893562

Date Daily Closing Price Open High Low Volume
12 Tue Nov 2024 384.60 392.65 398.80 382.90 0.626 times
11 Mon Nov 2024 392.90 397.80 402.30 391.05 0.596 times
08 Fri Nov 2024 397.30 420.00 420.90 395.10 1.203 times
07 Thu Nov 2024 416.70 410.00 437.70 408.55 2.93 times
06 Wed Nov 2024 420.45 423.00 423.65 415.00 0.725 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 395.1, but if it comes above 395.1, then a intra day buy could be more profitable.
If you take a sell trade below 395.1, then use 395.1 as stoploss and 378.1 as target. However if you take a buy trade in stock , then use 395.1 as stoploss and 409.31 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
Upside Target 395.10
Upside Target 410.50
Upside Target 427.80
Upside Target 432.40
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 377.57
Downside Intraday Target 370.53
Upside Intraday Target 396.97
Upside Intraday Target 409.33
Upside Intraday Target 389.93

Weekly technical analysis of Usha Martin (USHAMART)

Date Weekly Closing Price Open High Low Volume
12 Tue Nov 2024 384.60 397.80 402.30 382.90 0.185 times
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

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
12 Tue Nov 2024 384.60 426.80 437.70 382.90 0.075 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 18, 23, 13 Sell
MACD 11, 18Sell
Stochastics 4Sell
CCI -160Sell
RSI 53Buy
OBV -3405441Sell
VWAP 412Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Usha Martin ( (USHAMART) ) based on a short 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 short 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 short to mid term time period is

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

Usha Martin 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 Usha Martin in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 412.38 and Usha Martin (USHAMART) 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 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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