(ShyamTelec) Shyam Telec complete technical analysis [charts+indicators] | Buy/Sell Shyam Telec | (ShyamTelec) share price targets
Complete technical analysis of Shyam Telec (ShyamTelec) by charts plus indicators, forecast predictions and share price targets for Shyam Telec (ShyamTelec)
Showing technical analysis as on 2024-10-23 View latest technical analysis
10 day averaged volume of Shyam Telec is 4247
Date | Daily Closing Price | Open | High | Low | Volume |
23 Wed Oct 2024 | 16.90 | 16.90 | 16.90 | 16.90 | 0.372 times |
22 Tue Oct 2024 | 16.10 | 16.10 | 16.10 | 16.10 | 4.417 times |
21 Mon Oct 2024 | 15.34 | 15.34 | 15.34 | 15.34 | 1.025 times |
18 Fri Oct 2024 | 14.61 | 14.61 | 14.61 | 14.61 | 2.167 times |
17 Thu Oct 2024 | 13.92 | 13.92 | 13.92 | 13.92 | 1.242 times |
16 Wed Oct 2024 | 13.26 | 12.76 | 13.26 | 12.76 | 0.004 times |
15 Tue Oct 2024 | 13.30 | 13.00 | 13.36 | 13.00 | 0.057 times |
14 Mon Oct 2024 | 13.27 | 13.05 | 13.86 | 13.05 | 0.142 times |
11 Fri Oct 2024 | 13.40 | 14.17 | 14.48 | 13.40 | 0.312 times |
10 Thu Oct 2024 | 13.89 | 13.55 | 14.10 | 13.45 | 0.543 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 16.2, for a target of 14.9 or 13.83
Share price targets for Shyam Telec (ShyamTelec)
Target Type | Value |
Downside Target | 12.21 |
Downside Target | 12.65 |
Downside Target | 13.60 |
Downside Target | 14.05 |
Downside Target | 14.48 |
Downside Target | 14.94 |
Downside Target | 15.11 |
Downside Target | 15.34 |
Downside Target | 16.90 |
Upside Target | 16.92 |
Upside Target | 18.00 |
Upside Target | 19.17 |
Intraday share price targets for Shyam Telec (ShyamTelec)
Target Type | Value |
Downside Intraday Target | 15.86 |
Downside Intraday Target | 14.82 |
Upside Intraday Target | 17.42 |
Upside Intraday Target | 17.94 |
Downside Intraday Target | 16.38 |
Weekly technical analysis of Shyam Telec (ShyamTelec)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Wed Oct 2024 | 16.90 | 15.34 | 16.90 | 15.34 | 1.61 times |
18 Fri Oct 2024 | 14.61 | 13.05 | 14.61 | 12.76 | 2.25 times |
11 Fri Oct 2024 | 13.40 | 13.05 | 14.48 | 12.21 | 1.206 times |
03 Thu Oct 2024 | 13.35 | 13.03 | 13.60 | 12.65 | 1.04 times |
27 Fri Sep 2024 | 13.30 | 13.00 | 14.05 | 12.95 | 0.589 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shyam Telec (ShyamTelec)
Date | Monthly Closing Price | Open | High | Low | Volume |
23 Wed Oct 2024 | 16.90 | 13.40 | 16.90 | 12.21 | 1.424 times |
30 Mon Sep 2024 | 13.30 | 14.94 | 14.94 | 12.65 | 1.461 times |
30 Fri Aug 2024 | 15.21 | 17.68 | 19.17 | 15.11 | 0.772 times |
31 Wed Jul 2024 | 16.92 | 15.73 | 16.92 | 14.07 | 0.624 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 Shyam Telec (ShyamTelec)
Price action analysis of Shyam Telec ( (ShyamTelec) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Shyam Telec ( (ShyamTelec) ) based on a short 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.
Price action analysis of Shyam Telec ( (ShyamTelec) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Shyam Telec ( (ShyamTelec) ) based on a mid to longer 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.
ADX buy sell signal for Shyam Telec stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Shyam Telec 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.
Shyam Telec Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 buy signal for Shyam Telec in short term and BUY 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Shyam Telec is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 15.22 and Shyam Telec (ShyamTelec) 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 Shyam Telec (ShyamTelec) stock. Volume based technical analysis of Shyam Telec (ShyamTelec) stock is negative.
Shyam Telec 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.
Price action analysis of Shyam Telec ( (ShyamTelec) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Shyam Telec ( (ShyamTelec) ) based on a short 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.
Price action analysis of Shyam Telec ( (ShyamTelec) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Shyam Telec ( (ShyamTelec) ) based on a mid to longer 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.
ADX buy sell signal for Shyam Telec stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Shyam Telec 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.
Shyam Telec Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 buy signal for Shyam Telec in short term and BUY 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Shyam Telec is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 15.22 and Shyam Telec (ShyamTelec) 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 Shyam Telec (ShyamTelec) stock. Volume based technical analysis of Shyam Telec (ShyamTelec) stock is negative.
Shyam Telec 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.
Click here for Shyam Telec charts
Click here for further forecast and predictions for tomorrow