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(SHERA_SM) Shera Energy complete technical analysis [charts+indicators] | Buy/Sell Shera Energy | (SHERA_SM) share price targets

Complete technical analysis of Shera Energy (SHERA_SM) by charts plus indicators, forecast predictions and share price targets for Shera Energy (SHERA_SM)

Showing technical analysis as on 2024-03-20 View latest technical analysis

10 day averaged volume of Shera Energy is 78000

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	144.80	148.00	150.00	142.25	0.423 times
19 Tue Mar 2024	147.60	147.75	151.00	146.60	0.628 times
18 Mon Mar 2024	144.15	137.60	146.00	133.65	0.949 times
15 Fri Mar 2024	137.60	137.95	142.00	127.00	0.897 times
14 Thu Mar 2024	137.95	129.70	142.95	129.00	0.897 times
13 Wed Mar 2024	129.70	128.00	134.70	113.05	2.487 times
12 Tue Mar 2024	128.60	147.90	147.90	122.45	2.59 times
11 Mon Mar 2024	149.05	153.00	153.00	148.00	0.872 times
07 Thu Mar 2024	153.00	150.10	155.10	150.10	0.179 times
06 Wed Mar 2024	155.00	157.80	157.80	153.05	0.205 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 140.2 as stoploss in an intra day buy trade for a target of 150.83. However, stock will show a bearish move below 140.2.

Share price targets for Shera Energy (SHERA_SM)

Target Type	Value
Downside Target	113.05
Downside Target	133.65
Downside Target	141.00
Upside Target	150.10
Upside Target	160.00
Upside Target	163.50
Upside Target	167.00
Upside Target	171.10
Upside Target	174.90
Upside Target	182.50
Upside Target	192.00
Upside Target	195.00

Intraday share price targets for Shera Energy (SHERA_SM)

Target Type	Value
Downside Intraday Target	135.3
Downside Intraday Target	125.8
Upside Intraday Target	152.65
Upside Intraday Target	160.5
Downside Intraday Target	143.15

Weekly technical analysis of Shera Energy (SHERA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	144.80	137.60	151.00	133.65	0.258 times
15 Fri Mar 2024	137.60	153.00	153.00	113.05	5.345 times
07 Thu Mar 2024	153.00	156.00	160.00	150.10	0.305 times
02 Sat Mar 2024	154.25	166.00	167.00	153.00	1.963 times
23 Fri Feb 2024	166.00	172.90	174.90	162.05	1.167 times

Price has moved up 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 Shera Energy (SHERA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	144.80	158.25	160.50	113.05	0.995 times
29 Thu Feb 2024	156.35	172.10	182.50	153.25	0.541 times
31 Wed Jan 2024	172.10	149.20	195.00	142.05	3.375 times
29 Fri Dec 2023	142.95	170.00	171.10	141.00	0.525 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 Shera Energy (SHERA_SM)

Price action analysis of Shera Energy ( (SHERA_SM) ) based on a short 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.

Price action analysis of Shera Energy ( (SHERA_SM) ) based on a short 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 Shera Energy ( (SHERA_SM) ) 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 Shera Energy ( (SHERA_SM) ) 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 Shera Energy stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shera Energy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 Shera Energy in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 Shera Energy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 136.54 and Shera Energy (SHERA_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Shera Energy (SHERA_SM) stock. Volume based technical analysis of Shera Energy (SHERA_SM) stock is negative.

Shera Energy 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.