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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 2024-09-19 View latest technical analysis

10 day averaged volume of Shera Energy is 33100

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	170.00	168.50	174.65	164.00	1.994 times
18 Wed Sep 2024	169.35	169.95	172.00	168.50	0.906 times
17 Tue Sep 2024	168.65	177.60	177.60	167.00	1.088 times
16 Mon Sep 2024	173.30	174.50	175.30	170.70	0.604 times
13 Fri Sep 2024	169.55	171.00	171.90	169.00	1.178 times
12 Thu Sep 2024	170.30	171.00	173.00	170.00	0.906 times
11 Wed Sep 2024	170.90	170.05	176.50	170.05	1.511 times
10 Tue Sep 2024	172.25	173.80	173.80	170.00	0.302 times
09 Mon Sep 2024	170.00	171.40	173.95	170.00	0.785 times
06 Fri Sep 2024	175.00	179.95	179.95	172.20	1.511 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 168.7 as stoploss in an intra day buy trade for a target of 173.04. However, stock will show a bearish move below 168.7.

Share price targets for Shera Energy (SHERA_SM)

Target Type	Value
Downside Target	148.55
Downside Target	164.00
Downside Target	169.00
Upside Target	176.00
Upside Target	179.90
Upside Target	188.40
Upside Target	190.00
Upside Target	197.80
Upside Target	209.00
Upside Target	210.00

Intraday share price targets for Shera Energy (SHERA_SM)

Target Type	Value
Downside Intraday Target	163.47
Downside Intraday Target	156.93
Upside Intraday Target	177.07
Upside Intraday Target	184.13
Upside Intraday Target	170.53

Weekly technical analysis of Shera Energy (SHERA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	170.00	174.50	177.60	164.00	0.981 times
13 Fri Sep 2024	169.55	171.40	176.50	169.00	0.603 times
06 Fri Sep 2024	175.00	188.40	188.40	172.20	0.364 times
30 Fri Aug 2024	182.90	170.80	190.00	165.00	2.543 times
23 Fri Aug 2024	170.60	173.50	179.90	165.05	2.866 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
19 Thu Sep 2024	170.00	188.40	188.40	164.00	0.365 times
30 Fri Aug 2024	182.90	187.15	197.80	165.00	0.446 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

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 SELL signal for Shera Energy in short term and the sell signal is strong.

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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 170.86 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.