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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 2024-08-01 View latest technical analysis

10 day averaged volume of Usha Martin is 45526

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	8.69	8.69	8.69	8.69	0.27 times
31 Wed Jul 2024	8.87	8.87	8.87	8.87	0.389 times
30 Tue Jul 2024	9.06	9.06	9.06	9.06	0.175 times
29 Mon Jul 2024	9.25	9.25	9.25	9.25	0.502 times
26 Fri Jul 2024	9.44	9.44	9.44	9.44	0.943 times
25 Thu Jul 2024	9.64	9.64	9.64	9.64	0.369 times
24 Wed Jul 2024	9.84	9.84	9.84	9.84	0.234 times
23 Tue Jul 2024	10.05	10.05	10.05	10.05	1.43 times
22 Mon Jul 2024	10.26	10.26	10.26	10.26	2.457 times
19 Fri Jul 2024	9.78	9.78	9.78	9.78	1.32 times

My analysis of stock is bullish for shortterm, and stock might move up till 9.9 or till 12.1. Use a stoploss of 8.12 and if this stock hits its stoploss, then it can fall down till 6.3

Share price targets for Usha Martin (UMESLTD_BE)

Target Type	Value
Downside Target	4.55
Downside Target	4.65
Downside Target	5.20
Downside Target	5.70
Downside Target	6.25
Downside Target	7.00
Downside Target	7.36
Downside Target	8.07
Downside Target	8.69
Upside Target	9.25
Upside Target	9.44
Upside Target	9.78
Upside Target	10.26

Intraday share price targets for Usha Martin (UMESLTD_BE)

Target Type	Value
Downside Intraday Target	8.5
Downside Intraday Target	8.32
Upside Intraday Target	9.06
Upside Intraday Target	9.44
Upside Intraday Target	8.88

Weekly technical analysis of Usha Martin (UMESLTD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	8.69	9.25	9.25	8.69	0.246 times
26 Fri Jul 2024	9.44	10.26	10.26	9.44	0.656 times
19 Fri Jul 2024	9.78	8.40	9.78	8.07	1.635 times
12 Fri Jul 2024	8.07	5.50	8.11	5.30	1.619 times
19 Fri Apr 2024	5.50	5.20	5.75	5.20	0.962 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 Thu Aug 2024	8.69	8.69	8.69	8.69	0.014 times
31 Wed Jul 2024	8.87	8.10	10.26	7.36	1.561 times
22 Mon Apr 2024	5.50	4.55	5.80	4.55	0.596 times
28 Thu Mar 2024	4.65	6.15	6.25	4.65	0.557 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 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_BE) ) 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 SELL signal for Usha Martin in short term but the sell signal is initial and weak.

Usha Martin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above 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 positive zone. This is a BUY 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 9.8 and Usha Martin (UMESLTD_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.