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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 2024-08-27 View latest technical analysis

10 day averaged volume of Shera Energy is 43900

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	169.30	168.00	171.00	165.70	1.367 times
26 Mon Aug 2024	166.30	170.80	171.50	165.00	1.458 times
23 Fri Aug 2024	170.60	172.00	172.90	168.00	2.528 times
22 Thu Aug 2024	170.40	176.00	176.00	165.05	2.096 times
21 Wed Aug 2024	176.10	173.85	176.50	173.85	0.456 times
20 Tue Aug 2024	173.65	177.00	179.00	172.10	0.843 times
19 Mon Aug 2024	176.35	173.50	179.90	173.50	0.41 times
16 Fri Aug 2024	173.50	173.60	175.00	171.85	0.433 times
14 Wed Aug 2024	171.65	176.00	176.50	170.35	0.888 times
13 Tue Aug 2024	176.00	178.10	180.00	176.00	0.364 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 169.9, but if it comes above 169.9, then a intra day buy could be more profitable.
If you take a sell trade below 169.9, then use 169.9 as stoploss and 159.3 as target. However if you take a buy trade in stock , then use 169.9 as stoploss and 178.77 as target.

Share price targets for Shera Energy (SHERA_SM)

Target Type	Value
Downside Target	140.25
Downside Target	148.55
Downside Target	165.00
Upside 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	165.7
Downside Intraday Target	162.1
Upside Intraday Target	172.2
Upside Intraday Target	175.1
Downside Intraday Target	168.6

Weekly technical analysis of Shera Energy (SHERA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	169.30	170.80	171.50	165.00	0.446 times
23 Fri Aug 2024	170.60	173.50	179.90	165.05	2.866 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

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
27 Tue Aug 2024	169.30	187.15	197.80	165.00	0.278 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 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 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 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 buy signal for Shera Energy in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 170.89 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.