(Manorama) Manorama complete technical analysis [charts+indicators] | Buy/Sell Manorama | (Manorama) share price targets
Complete technical analysis of Manorama (Manorama) by charts plus indicators, forecast predictions and share price targets for Manorama (Manorama)
Showing technical analysis as on 2024-05-24 View latest technical analysis
10 day averaged volume of Manorama is 3725
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 563.40 | 554.30 | 571.25 | 547.00 | 1.65 times |
| 23 Thu May 2024 | 563.00 | 554.70 | 577.55 | 547.00 | 1.016 times |
| 22 Wed May 2024 | 550.80 | 589.00 | 589.00 | 548.00 | 0.87 times |
| 21 Tue May 2024 | 565.10 | 580.00 | 580.55 | 556.00 | 1.094 times |
| 18 Sat May 2024 | 574.85 | 566.00 | 585.50 | 565.00 | 0.101 times |
| 17 Fri May 2024 | 567.05 | 551.00 | 577.00 | 551.00 | 0.434 times |
| 16 Thu May 2024 | 552.10 | 570.25 | 571.00 | 552.00 | 0.336 times |
| 15 Wed May 2024 | 551.15 | 546.40 | 557.50 | 543.00 | 1.374 times |
| 14 Tue May 2024 | 557.60 | 579.95 | 579.95 | 549.40 | 2.265 times |
| 13 Mon May 2024 | 578.30 | 610.00 | 613.00 | 555.40 | 1.984 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 552.6 as stoploss in an intra day buy trade for a target of 589.02. However, stock will show a bearish move below 552.6.
Share price targets for Manorama (Manorama)
| Target Type | Value |
| Downside Target | 289.40 |
| Downside Target | 410.15 |
| Downside Target | 543.00 |
| Upside Target | 574.00 |
| Upside Target | 589.00 |
| Upside Target | 613.00 |
| Upside Target | 645.50 |
| Upside Target | 659.90 |
| Upside Target | 696.15 |
| Upside Target | 1750.30 |
| Upside Target | 1861.00 |
| Upside Target | 2088.30 |
| Upside Target | 2138.00 |
| Upside Target | 2251.50 |
Intraday share price targets for Manorama (Manorama)
| Target Type | Value |
| Downside Intraday Target | 543.93 |
| Downside Intraday Target | 524.47 |
| Upside Intraday Target | 585.93 |
| Upside Intraday Target | 608.47 |
| Upside Intraday Target | 566.47 |
Weekly technical analysis of Manorama (Manorama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 563.40 | 580.00 | 589.00 | 547.00 | 0.713 times |
| 18 Sat May 2024 | 574.85 | 610.00 | 613.00 | 543.00 | 0.879 times |
| 10 Fri May 2024 | 584.55 | 621.00 | 645.50 | 551.50 | 0.633 times |
| 03 Fri May 2024 | 635.55 | 671.80 | 696.15 | 625.00 | 0.402 times |
| 26 Fri Apr 2024 | 643.35 | 585.55 | 659.90 | 574.00 | 1.036 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 Manorama (Manorama)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 563.40 | 630.00 | 670.00 | 543.00 | 0.171 times |
| 30 Tue Apr 2024 | 637.80 | 417.00 | 696.15 | 410.15 | 2.87 times |
| 28 Thu Mar 2024 | 399.15 | 1999.00 | 2138.00 | 289.40 | 4.196 times |
| 29 Thu Feb 2024 | 1975.20 | 1870.70 | 2088.30 | 1750.30 | 0.869 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 Manorama (Manorama)
Price action analysis of Manorama ( (Manorama) ) 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 Manorama ( (Manorama) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Manorama ( (Manorama) ) 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 Manorama ( (Manorama) ) 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 Manorama stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Manorama in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Manorama 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 in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Manorama in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 Manorama is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 562.41 and Manorama (Manorama) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Manorama (Manorama) stock. Volume based technical analysis of Manorama (Manorama) stock is negative.
Manorama 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.
Price action analysis of Manorama ( (Manorama) ) 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 Manorama ( (Manorama) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Manorama ( (Manorama) ) 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 Manorama ( (Manorama) ) 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 Manorama stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Manorama in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Manorama 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 in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Manorama in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 Manorama is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 562.41 and Manorama (Manorama) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Manorama (Manorama) stock. Volume based technical analysis of Manorama (Manorama) stock is negative.
Manorama 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.
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