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(UnichemLab) Unichem Lab complete technical analysis [charts+indicators] | Buy/Sell Unichem Lab | (UnichemLab) share price targets

Complete technical analysis of Unichem Lab (UnichemLab) by charts plus indicators, forecast predictions and share price targets for Unichem Lab (UnichemLab)

Showing technical analysis as on 2023-03-22 View latest technical analysis

10 day averaged volume of Unichem Lab is 7111

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Mar 2023	279.65	281.65	289.55	278.00	0.678 times
21 Tue Mar 2023	282.70	279.95	283.30	278.00	0.896 times
20 Mon Mar 2023	282.10	288.70	288.70	278.55	0.377 times
17 Fri Mar 2023	282.45	294.25	304.75	278.00	0.71 times
16 Thu Mar 2023	292.75	276.15	301.00	272.25	2.226 times
15 Wed Mar 2023	276.15	283.35	285.75	274.55	1.9 times
14 Tue Mar 2023	282.95	291.80	292.10	281.00	1.196 times
13 Mon Mar 2023	291.05	299.55	302.30	286.30	1.098 times
10 Fri Mar 2023	300.55	297.00	301.50	297.00	0.142 times
09 Thu Mar 2023	298.70	299.80	312.20	297.05	1.219 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 283.9, but if it comes above 283.9, then a intra day buy could be more profitable.
If you take a sell trade below 283.9, then use 283.9 as stoploss and 270.7 as target. However if you take a buy trade in stock , then use 283.9 as stoploss and 294.94 as target.

Share price targets for Unichem Lab (UnichemLab)

Target Type	Value
Downside Target	265.00
Downside Target	272.25
Downside Target	278.00
Upside Target	289.55
Upside Target	304.75
Upside Target	312.20
Upside Target	331.00
Upside Target	351.15
Upside Target	356.85
Upside Target	383.10
Upside Target	406.75
Upside Target	467.00

Intraday share price targets for Unichem Lab (UnichemLab)

Target Type	Value
Downside Intraday Target	275.25
Downside Intraday Target	270.85
Upside Intraday Target	286.8
Upside Intraday Target	293.95
Upside Intraday Target	282.4

Weekly technical analysis of Unichem Lab (UnichemLab)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Mar 2023	279.65	288.70	289.55	278.00	0.274 times
17 Fri Mar 2023	282.45	299.55	304.75	272.25	3.361 times
10 Fri Mar 2023	300.55	297.05	312.20	296.90	1.012 times
03 Fri Mar 2023	298.85	306.20	311.45	291.95	0.816 times
24 Fri Feb 2023	313.70	327.90	331.00	306.60	0.578 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 Unichem Lab (UnichemLab)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Wed Mar 2023	279.65	295.60	312.20	272.25	0.604 times
28 Tue Feb 2023	296.65	347.95	351.15	291.95	0.644 times
31 Tue Jan 2023	351.70	311.60	356.85	265.00	0.393 times
30 Fri Dec 2022	315.75	406.45	406.75	265.05	0.794 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 Unichem Lab (UnichemLab)

Price action analysis of Unichem Lab ( (UnichemLab) ) 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 Unichem Lab ( (UnichemLab) ) based on a short 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 Unichem Lab ( (UnichemLab) ) 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 Unichem Lab ( (UnichemLab) ) 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 Unichem Lab stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Unichem Lab in short term and the sell signal is strong.

Unichem Lab 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Unichem Lab in short term but BUY signal is weak.

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 Unichem Lab is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 286.43 and Unichem Lab (UnichemLab) 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 Unichem Lab (UnichemLab) stock. Volume based technical analysis of Unichem Lab (UnichemLab) stock is negative.

Unichem Lab 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.