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(UMESLTD) Usha Martin complete technical analysis [charts+indicators] | Buy/Sell Usha Martin | (UMESLTD) share price targets

Complete technical analysis of Usha Martin (UMESLTD) by charts plus indicators, forecast predictions and share price targets for Usha Martin (UMESLTD)

Usha Martin trades in NSE in IT Software Products sector.

Showing technical analysis as on 2024-04-26 View latest technical analysis

10 day averaged volume of Usha Martin is 487624

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	5.35	5.50	5.65	5.30	0.124 times
25 Thu Apr 2024	5.50	5.70	5.70	5.50	0.041 times
24 Wed Apr 2024	5.50	5.65	5.75	5.35	0.186 times
23 Tue Apr 2024	5.50	5.70	5.70	5.40	0.069 times
08 Fri Sep 2023	7.30	7.00	7.30	6.65	1.627 times
07 Thu Sep 2023	6.65	5.95	6.65	5.90	4.122 times
06 Wed Sep 2023	5.55	4.85	5.55	4.85	2.747 times
05 Tue Sep 2023	4.65	5.00	5.00	4.15	0.427 times
04 Mon Sep 2023	4.60	4.40	5.00	4.25	0.43 times
01 Fri Sep 2023	4.25	4.45	4.75	4.20	0.325 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 5.7 as stoploss in an intra day sell trade for a target of 4.85. However, stock will show a bullish move above 5.7.

Share price targets for Usha Martin (UMESLTD)

Target Type	Value
Downside Target	3.10
Downside Target	3.55
Downside Target	3.70
Downside Target	4.10
Downside Target	4.30
Downside Target	4.80
Downside Target	5.30
Upside Target	5.75
Upside Target	7.30

Intraday share price targets for Usha Martin (UMESLTD)

Target Type	Value
Downside Intraday Target	5.18
Downside Intraday Target	5.02
Upside Intraday Target	5.63
Upside Intraday Target	5.92
Upside Intraday Target	5.47

Weekly technical analysis of Usha Martin (UMESLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	5.35	5.70	5.75	5.30	0.045 times
08 Fri Sep 2023	7.30	4.40	7.30	4.15	13.734 times
01 Fri Sep 2023	4.25	4.80	4.80	4.10	0.32 times
25 Fri Aug 2023	4.35	3.95	4.80	3.70	3.911 times
18 Fri Aug 2023	3.90	3.95	4.15	3.55	0.273 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 Usha Martin (UMESLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	5.35	5.70	5.75	5.30	0.043 times
08 Fri Sep 2023	7.30	4.45	7.30	4.15	1.807 times
31 Thu Aug 2023	4.25	3.45	4.80	3.10	2.852 times
31 Mon Jul 2023	3.35	3.60	3.70	3.15	0.789 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 Usha Martin (UMESLTD)

Price action analysis of Usha Martin ( (UMESLTD) ) 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 Usha Martin ( (UMESLTD) ) based on a short 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.

Price action analysis of Usha Martin ( (UMESLTD) ) based on a short to mid 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.

Price action analysis of Usha Martin ( (UMESLTD) ) 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 Usha Martin stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Usha Martin in short term and the buy signal is strong.

Usha Martin 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Usha Martin in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Usha Martin is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.16 and Usha Martin (UMESLTD) 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 Usha Martin (UMESLTD) stock. Volume based technical analysis of Usha Martin (UMESLTD) stock is negative.

Usha Martin Stock is giving positive 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.