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(ATAM_BE) Atam Valves complete technical analysis [charts+indicators] | Buy/Sell Atam Valves | (ATAM_BE) share price targets

Complete technical analysis of Atam Valves (ATAM_BE) by charts plus indicators, forecast predictions and share price targets for Atam Valves (ATAM_BE)

Showing technical analysis as on 2024-05-03 View latest technical analysis

10 day averaged volume of Atam Valves is 19620

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	194.70	195.20	196.70	190.00	2.397 times
02 Thu May 2024	195.20	193.70	197.70	193.00	0.339 times
30 Tue Apr 2024	193.70	196.90	198.00	193.00	0.533 times
29 Mon Apr 2024	197.75	200.00	200.00	189.00	2.437 times
26 Fri Apr 2024	195.45	193.55	199.85	190.15	1.086 times
25 Thu Apr 2024	197.45	198.95	198.95	194.80	0.731 times
24 Wed Apr 2024	196.00	192.00	198.90	192.00	1.07 times
23 Tue Apr 2024	194.50	201.80	204.95	192.15	2.223 times
14 Mon Aug 2023	202.05	211.35	211.40	201.10	0.693 times
11 Fri Aug 2023	211.50	209.95	212.00	200.20	0.552 times

Stock of Atam Valves (ATAM_BE) 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 196.2, but if it comes above 196.2, then a intra day buy could be more profitable.
If you take a sell trade below 196.2, then use 196.2 as stoploss and 187.3 as target. However if you take a buy trade in stock , then use 196.2 as stoploss and 203.55 as target.

Share price targets for Atam Valves (ATAM_BE)

Target Type	Value
Downside Target	189.00
Downside Target	194.40
Upside Target	204.95
Upside Target	208.95
Upside Target	211.40
Upside Target	215.00
Upside Target	219.00
Upside Target	219.25
Upside Target	228.90
Upside Target	259.00

Intraday share price targets for Atam Valves (ATAM_BE)

Target Type	Value
Downside Intraday Target	189.13
Downside Intraday Target	183.57
Upside Intraday Target	200.13
Upside Intraday Target	205.57
Downside Intraday Target	194.57

Weekly technical analysis of Atam Valves (ATAM_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	194.70	200.00	200.00	189.00	0.983 times
26 Fri Apr 2024	195.45	211.35	211.40	190.15	3.684 times
11 Fri Aug 2023	211.50	214.85	219.00	200.20	0.845 times
04 Fri Aug 2023	214.85	201.95	219.25	201.90	0.524 times
28 Fri Jul 2023	198.95	207.60	208.95	194.40	2.006 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 Atam Valves (ATAM_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	194.70	193.70	197.70	190.00	0.339 times
30 Tue Apr 2024	193.70	201.80	204.95	189.00	2.178 times
14 Mon Aug 2023	202.05	218.30	219.25	200.20	0.42 times
31 Mon Jul 2023	208.85	228.90	228.90	194.40	0.666 times

Scroll below to view daily charts

Price has moved up 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 Atam Valves (ATAM_BE)

Price action analysis of Atam Valves ( (ATAM_BE) ) 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 Atam Valves ( (ATAM_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Atam Valves ( (ATAM_BE) ) 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 Atam Valves ( (ATAM_BE) ) 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 Atam Valves stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Atam Valves 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Atam Valves 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 negative zone. This is the SELL zone

Stock of Atam Valves is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 196.79 and Atam Valves (ATAM_BE) 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 Atam Valves (ATAM_BE) stock. Volume based technical analysis of Atam Valves (ATAM_BE) stock is negative.

Atam Valves 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.