Category Archives: Price Momentum

Below is a chart of Shree Cement (SHREECEM.NS) from 2003 to 2022, reflecting Price Momentum data.

The chart above shows the entire life span (2003-2022) of Shree Cement through the lens of our Price Momentum model. The range in our model established by the stock is –20% lower range and +120% in upper range with average of 50%. Most recently, the stock has fallen to the lower range which has not occurred since October 2018. Historically, the lower range have proven to be an extremely dependable time to acquire shares at a discount. Our data shows a success rate (any positive return after 1 year) of 83% with average rate of return 90%.

Charts below detail the 2 decades time frame of the stock price and our Price Momentum Model.

2003-2012

2013-2022