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

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

Showing technical analysis as on 2023-12-01 View latest technical analysis

10 day averaged volume of Usha Martin is 8280

Date Daily Closing Price Open High Low Volume
01 Fri Dec 2023 5.25 5.30 5.30 5.25 0.823 times
30 Thu Nov 2023 5.35 5.35 5.35 5.35 1.5 times
29 Wed Nov 2023 5.45 5.45 5.45 5.45 1.614 times
28 Tue Nov 2023 5.55 5.55 5.55 5.55 0.457 times
24 Fri Nov 2023 5.65 5.65 5.65 5.65 1.477 times
23 Thu Nov 2023 5.75 5.75 5.75 5.75 0.736 times
22 Wed Nov 2023 5.85 5.85 5.85 5.85 0.193 times
21 Tue Nov 2023 5.95 5.95 5.95 5.95 0.482 times
20 Mon Nov 2023 6.05 6.10 6.10 6.05 0.108 times
17 Fri Nov 2023 6.15 6.15 6.15 6.15 0.914 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 5.2 as stoploss in an intra day buy trade for a target of 5.66. However, stock will show a bearish move below 5.2.

Share price targets for Usha Martin (UMESLTD_BE)

Target Type Value
Downside Target 3.55
Downside Target 4.15
Downside Target 4.55
Downside Target 4.65
Downside Target 4.95
Downside Target 5.05
Downside Target 5.25
Upside Target 5.50
Upside Target 5.80
Upside Target 6.05
Upside Target 6.10
Upside Target 6.35
Upside Target 6.85
Upside Target 8.00

Intraday share price targets for Usha Martin (UMESLTD_BE)

Target Type Value
Downside Intraday Target 5.15
Downside Intraday Target 5.05
Upside Intraday Target 5.45
Upside Intraday Target 5.65
Upside Intraday Target 5.35

Weekly technical analysis of Usha Martin (UMESLTD_BE)

Date Weekly Closing Price Open High Low Volume
01 Fri Dec 2023 5.25 5.55 5.55 5.25 1.466 times
24 Fri Nov 2023 5.65 6.10 6.10 5.65 0.341 times
17 Fri Nov 2023 6.15 6.05 6.35 6.05 0.603 times
10 Fri Nov 2023 5.80 4.85 5.80 4.55 1.456 times
03 Fri Nov 2023 4.65 5.05 5.05 4.65 6.13 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_BE)

Date Monthly Closing Price Open High Low Volume
01 Fri Dec 2023 5.25 5.30 5.30 5.25 0.023 times
30 Thu Nov 2023 5.35 4.85 6.35 4.55 2.014 times
31 Tue Oct 2023 4.95 6.85 6.85 4.95 0.088 times
29 Fri Sep 2023 6.95 7.20 8.00 5.50 8.581 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_BE)

Price action analysis of Usha Martin ( (UMESLTD_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Usha Martin ( (UMESLTD_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Usha Martin ( (UMESLTD_BE) ) 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 Usha Martin ( (UMESLTD_BE) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Usha Martin stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Usha Martin in short term and the sell signal is strong.

Usha Martin 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 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 5.6 and Usha Martin (UMESLTD_BE) 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_BE) stock. Volume based technical analysis of Usha Martin (UMESLTD_BE) stock is negative.

Usha Martin 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.

Price action analysis of Usha Martin ( (UMESLTD_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Usha Martin ( (UMESLTD_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Usha Martin ( (UMESLTD_BE) ) 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 Usha Martin ( (UMESLTD_BE) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Usha Martin stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Usha Martin in short term and the sell signal is strong.

Usha Martin 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 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 5.6 and Usha Martin (UMESLTD_BE) 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_BE) stock. Volume based technical analysis of Usha Martin (UMESLTD_BE) stock is negative.

Usha Martin 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.

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Daily charts

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