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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 2024-09-26 View latest technical analysis

10 day averaged volume of Usha Martin is 64592

Date Daily Closing Price Open High Low Volume
26 Thu Sep 2024 6.36 6.28 6.46 5.91 0.514 times
25 Wed Sep 2024 6.16 6.35 6.55 6.05 0.601 times
24 Tue Sep 2024 6.35 6.59 6.72 6.13 0.814 times
23 Mon Sep 2024 6.40 6.79 6.79 6.21 1.257 times
20 Fri Sep 2024 6.51 6.79 6.79 6.17 0.498 times
19 Thu Sep 2024 6.49 6.74 6.74 6.12 0.988 times
18 Wed Sep 2024 6.42 6.68 6.80 6.37 0.848 times
17 Tue Sep 2024 6.68 6.65 7.18 6.58 1.174 times
16 Mon Sep 2024 6.93 7.23 7.40 6.86 1.315 times
13 Fri Sep 2024 7.23 7.38 7.38 6.80 1.335 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 6.3 as stoploss in an intra day buy trade for a target of 6.75. However, stock will show a bearish move below 6.3.

Share price targets for Usha Martin (UMESLTD_BE)

Target Type Value
Downside Target 4.55
Downside Target 4.65
Downside Target 5.80
Downside Target 6.12
Upside Target 6.53
Upside Target 6.76
Upside Target 7.30
Upside Target 7.40
Upside Target 7.88
Upside Target 8.27
Upside Target 8.69
Upside Target 10.26

Intraday share price targets for Usha Martin (UMESLTD_BE)

Target Type Value
Downside Intraday Target 5.92
Downside Intraday Target 5.47
Upside Intraday Target 6.8
Upside Intraday Target 7.23
Downside Intraday Target 6.35

Weekly technical analysis of Usha Martin (UMESLTD_BE)

Date Weekly Closing Price Open High Low Volume
26 Thu Sep 2024 6.36 6.79 6.79 5.91 0.661 times
20 Fri Sep 2024 6.51 7.23 7.40 6.12 0.839 times
13 Fri Sep 2024 7.23 6.63 7.38 6.17 0.564 times
06 Fri Sep 2024 6.63 8.27 8.27 6.53 10.886 times
30 Fri Aug 2024 7.88 7.30 7.88 7.30 0.255 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
26 Thu Sep 2024 6.36 8.27 8.27 5.91 3.822 times
30 Fri Aug 2024 7.88 8.69 8.69 6.76 0.462 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

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

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 moving up

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 6.62 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

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

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 moving up

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 6.62 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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