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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 2024-08-22 View latest technical analysis

10 day averaged volume of Shera Energy is 24700

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	170.40	176.00	176.00	165.05	3.725 times
21 Wed Aug 2024	176.10	173.85	176.50	173.85	0.81 times
20 Tue Aug 2024	173.65	177.00	179.00	172.10	1.498 times
19 Mon Aug 2024	176.35	173.50	179.90	173.50	0.729 times
16 Fri Aug 2024	173.50	173.60	175.00	171.85	0.769 times
14 Wed Aug 2024	171.65	176.00	176.50	170.35	1.579 times
13 Tue Aug 2024	176.00	178.10	180.00	176.00	0.648 times
12 Mon Aug 2024	178.15	180.00	180.00	178.10	0.931 times
09 Fri Aug 2024	180.55	180.00	181.95	179.10	0.769 times
08 Thu Aug 2024	180.25	182.70	184.00	179.00	0.769 times

Stock of Shera Energy (SHERA_SM) 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 173.3, but if it comes above 173.3, then a intra day buy could be more profitable.
If you take a sell trade below 173.3, then use 173.3 as stoploss and 163.4 as target. However if you take a buy trade in stock , then use 173.3 as stoploss and 181.56 as target.

Share price targets for Shera Energy (SHERA_SM)

Target Type	Value
Downside Target	140.25
Downside Target	148.55
Downside Target	165.05
Downside Target	170.05
Upside Target	179.90
Upside Target	189.85
Upside Target	190.00
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	163.67
Downside Intraday Target	156.93
Upside Intraday Target	178.52
Upside Intraday Target	186.63
Upside Intraday Target	171.78

Weekly technical analysis of Shera Energy (SHERA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	170.40	173.50	179.90	165.05	1.722 times
16 Fri Aug 2024	173.50	180.00	180.00	170.35	0.453 times
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

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 Shera Energy (SHERA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	170.40	187.15	197.80	165.05	0.21 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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

Shera Energy 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 below the red cloud Prices appear to be coming down

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

Stock of Shera Energy is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 174.03 and Shera Energy (SHERA_SM) 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 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.