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(UGARSUGAR) Ugar Sugar complete technical analysis [charts+indicators] | Buy/Sell Ugar Sugar | (UGARSUGAR) share price targets

Complete technical analysis of Ugar Sugar (UGARSUGAR) by charts plus indicators, forecast predictions and share price targets for Ugar Sugar (UGARSUGAR)

10 day averaged volume of Ugar Sugar is 204463

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 71.85 71.00 74.65 69.75 1.279 times
30 Thu May 2024 70.35 71.55 72.15 69.95 0.643 times
29 Wed May 2024 72.20 68.30 73.50 68.30 3.088 times
28 Tue May 2024 72.85 73.50 73.90 72.50 0.597 times
27 Mon May 2024 73.50 73.40 74.50 73.00 1.253 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 73, but if it comes above 73, then a intra day buy could be more profitable.
If you take a sell trade below 73, then use 73 as stoploss and 71 as target. However if you take a buy trade in stock , then use 73 as stoploss and 74.59 as target.

Share price targets for Ugar Sugar (UGARSUGAR)

Target Type Value
Downside Target 64.05
Downside Target 66.35
Downside Target 68.30
Upside Target 72.80
Upside Target 78.90
Upside Target 79.15
Upside Target 80.50
Upside Target 82.25
Upside Target 83.00
Upside Target 83.45
Upside Target 85.00
Upside Target 99.40

Intraday share price targets for Ugar Sugar (UGARSUGAR)

Target Type Value
Downside Intraday Target 68.55
Downside Intraday Target 65.25
Upside Intraday Target 74.9
Upside Intraday Target 77.95
Downside Intraday Target 71.6

Weekly technical analysis of Ugar Sugar (UGARSUGAR)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 71.85 73.40 74.65 68.30 2.185 times
24 Fri May 2024 74.50 75.60 76.95 74.35 0.921 times
17 Fri May 2024 75.00 74.30 77.05 72.80 1.175 times
10 Fri May 2024 74.30 78.15 78.90 73.30 0.487 times
03 Fri May 2024 78.35 80.10 83.00 77.10 0.466 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ugar Sugar (UGARSUGAR)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 71.85 79.55 80.50 68.30 0.373 times
30 Tue Apr 2024 79.70 66.35 85.00 66.35 1.544 times
28 Thu Mar 2024 65.80 80.95 82.25 64.05 0.388 times
29 Thu Feb 2024 80.30 80.80 99.40 79.15 2.481 times

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 Ugar Sugar (UGARSUGAR)

Indicator Name Indicator Value Indicator Signal
ADX 17, 27, 21 Sell
MACD -2, -2Sell
Stochastics 37None
CCI -71Buy
RSI 53Buy
OBV -1703401Sell
VWAP 73Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Ugar Sugar ( (UGARSUGAR) ) 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 Ugar Sugar ( (UGARSUGAR) ) 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 Ugar Sugar ( (UGARSUGAR) ) 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 Ugar Sugar ( (UGARSUGAR) ) 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 Ugar Sugar stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Ugar Sugar in short term and the sell signal is strong.

Ugar Sugar Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ugar Sugar in short term but BUY signal is weak.

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Ugar Sugar is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 73.2 and Ugar Sugar (UGARSUGAR) 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 Ugar Sugar (UGARSUGAR) stock. Volume based technical analysis of Ugar Sugar (UGARSUGAR) stock is negative.

Ugar Sugar 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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Click here for further forecast and predictions for tomorrow

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