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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 2024-08-09 View latest technical analysis

10 day averaged volume of Shera Energy is 152900

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	180.55	180.00	181.95	179.10	0.124 times
08 Thu Aug 2024	180.25	182.70	184.00	179.00	0.124 times
07 Wed Aug 2024	182.70	181.35	183.70	177.00	0.242 times
06 Tue Aug 2024	175.40	186.50	186.50	174.50	0.373 times
05 Mon Aug 2024	179.85	183.00	189.85	179.00	0.536 times
02 Fri Aug 2024	189.20	187.65	190.00	182.00	0.687 times
01 Thu Aug 2024	187.65	187.15	197.80	185.00	0.942 times
31 Wed Jul 2024	194.90	204.90	206.50	193.30	1.302 times
30 Tue Jul 2024	202.95	193.10	210.00	192.05	4.297 times
29 Mon Jul 2024	191.70	188.10	194.80	188.00	1.145 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 179.2 as stoploss in an intra day buy trade for a target of 185.55. However, stock will show a bearish move below 179.2.

Share price targets for Shera Energy (SHERA_SM)

Target Type	Value
Downside Target	140.25
Downside Target	148.55
Downside Target	170.05
Downside Target	180.00
Upside Target	188.40
Upside Target	194.00
Upside Target	197.80
Upside Target	207.85
Upside Target	209.00
Upside Target	210.00

Intraday share price targets for Shera Energy (SHERA_SM)

Target Type	Value
Downside Intraday Target	173.42
Downside Intraday Target	166.28
Upside Intraday Target	188.77
Upside Intraday Target	196.98
Upside Intraday Target	181.63

Weekly technical analysis of Shera Energy (SHERA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	180.55	183.00	189.85	174.50	0.167 times
02 Fri Aug 2024	189.20	188.10	210.00	182.00	1.718 times
26 Fri Jul 2024	186.85	173.30	197.80	173.30	3.921 times
19 Fri Jul 2024	178.45	188.00	188.40	170.05	0.406 times
12 Fri Jul 2024	184.90	184.25	194.00	180.00	0.454 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 Shera Energy (SHERA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	180.55	187.15	197.80	174.50	0.134 times
31 Wed Jul 2024	194.90	174.95	210.00	170.05	7.58 times
28 Fri Jun 2024	168.60	189.95	190.00	148.55	0.298 times
31 Fri May 2024	180.20	207.80	209.00	176.00	0.672 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shera Energy ( (SHERA_SM) ) 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 Shera Energy ( (SHERA_SM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 Weak and stock is losing momentum.

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

Shera Energy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Shera Energy 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 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 194.72 and Shera Energy (SHERA_SM) 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 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 positive

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