Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Shera Energy is 31300

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Dec 2023	162.70	163.00	163.95	162.40	0.383 times
06 Wed Dec 2023	161.20	159.10	162.50	156.30	1.054 times
05 Tue Dec 2023	159.10	165.00	166.75	157.85	1.47 times
04 Mon Dec 2023	164.30	169.00	169.00	163.15	1.438 times
01 Fri Dec 2023	167.60	170.00	171.10	165.35	1.054 times
30 Thu Nov 2023	165.50	166.50	166.50	163.50	0.863 times
29 Wed Nov 2023	169.45	169.90	169.90	167.20	0.895 times
28 Tue Nov 2023	169.95	165.10	171.00	165.10	0.639 times
24 Fri Nov 2023	169.50	170.00	170.00	169.50	0.096 times
23 Thu Nov 2023	169.50	171.90	172.00	168.00	0.831 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 164.5, but if it comes above 164.5, then a intra day buy could be more profitable.
If you take a sell trade below 164.5, then use 164.5 as stoploss and 159.8 as target. However if you take a buy trade in stock , then use 164.5 as stoploss and 168.47 as target.

Share price targets for Shera Energy (SHERA_SM)

Target Type	Value
Downside Target	96.00
Downside Target	115.00
Downside Target	132.00
Downside Target	150.35
Downside Target	153.95
Upside Target	163.50
Upside Target	167.00
Upside Target	171.10
Upside Target	176.80
Upside Target	177.90
Upside Target	182.40
Upside Target	188.90
Upside Target	192.00

Intraday share price targets for Shera Energy (SHERA_SM)

Target Type	Value
Downside Intraday Target	156.33
Downside Intraday Target	149.97
Upside Intraday Target	169.03
Upside Intraday Target	175.37
Downside Intraday Target	162.67

Weekly technical analysis of Shera Energy (SHERA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Dec 2023	162.70	169.00	169.00	156.30	1.259 times
01 Fri Dec 2023	167.60	165.10	171.10	163.50	0.85 times
24 Fri Nov 2023	169.50	171.00	176.80	168.00	0.483 times
17 Fri Nov 2023	173.50	170.00	177.90	167.05	1 times
10 Fri Nov 2023	170.00	178.60	182.40	167.00	0.651 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
07 Thu Dec 2023	162.70	170.00	171.10	156.30	0.173 times
30 Thu Nov 2023	165.50	192.00	192.00	163.50	0.58 times
31 Tue Oct 2023	188.00	139.95	188.90	115.00	1.431 times
29 Fri Sep 2023	138.10	147.70	150.35	132.00	0.271 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Shera Energy stock for short term is SELL. Signal strength is Strong 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 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

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 164.99 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.