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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 2024-12-09 View latest technical analysis

10 day averaged volume of Usha Martin is 82804

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	7.67	7.79	7.80	7.57	0.836 times
06 Fri Dec 2024	7.60	7.95	7.95	7.56	0.818 times
05 Thu Dec 2024	7.66	8.31	8.31	7.56	1.613 times
04 Wed Dec 2024	7.93	8.01	8.30	7.90	1.568 times
03 Tue Dec 2024	7.91	7.85	7.91	7.70	0.924 times
02 Mon Dec 2024	7.54	7.45	7.54	7.13	0.618 times
29 Fri Nov 2024	7.19	7.70	7.70	7.16	0.562 times
28 Thu Nov 2024	7.51	7.77	7.81	7.11	1.256 times
27 Wed Nov 2024	7.44	7.41	7.44	6.76	1.604 times
26 Tue Nov 2024	7.09	7.06	7.09	6.91	0.488 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.6, but if it comes below 7.6, then a intra day sell could be more profitable.
If you take a sell trade below 7.6, then use 7.6 as stoploss and 7.07 as target. However if you take a buy trade in stock , then use 7.6 as stoploss and 8.2 as target.

Share price targets for Usha Martin (UMESLTD)

Target Type	Value
Downside Target	4.80
Downside Target	5.09
Downside Target	5.63
Downside Target	6.03
Downside Target	6.32
Downside Target	6.80
Downside Target	6.94
Downside Target	7.13
Downside Target	7.57
Upside Target	7.80
Upside Target	8.30
Upside Target	8.31
Upside Target	8.94
Upside Target	9.13

Intraday share price targets for Usha Martin (UMESLTD)

Target Type	Value
Downside Intraday Target	7.56
Downside Intraday Target	7.45
Upside Intraday Target	7.79
Upside Intraday Target	7.91
Upside Intraday Target	7.68

Weekly technical analysis of Usha Martin (UMESLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	7.67	7.79	7.80	7.57	0.151 times
06 Fri Dec 2024	7.60	7.45	8.31	7.13	1.243 times
29 Fri Nov 2024	7.19	6.60	7.81	6.50	4.02 times
22 Fri Nov 2024	6.51	6.58	6.80	6.32	0.258 times
14 Thu Nov 2024	6.58	6.75	6.94	6.38	0.799 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 Usha Martin (UMESLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	7.67	7.45	8.31	7.13	0.405 times
29 Fri Nov 2024	7.19	8.71	9.13	6.32	1.373 times
31 Thu Oct 2024	8.30	7.03	8.30	6.03	0.319 times
11 Thu Jul 2024	7.73	5.21	8.94	5.09	3.114 times

Scroll below to view daily charts

Price has moved up 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 Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Usha Martin in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Usha Martin is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.61 and Usha Martin (UMESLTD) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.