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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 2023-09-12 View latest technical analysis

10 day averaged volume of Unichem Lab is 7760

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Sep 2023	405.25	433.30	433.30	400.90	1.502 times
11 Mon Sep 2023	429.25	441.05	454.25	420.60	1.054 times
08 Fri Sep 2023	437.40	430.00	440.20	416.05	1.594 times
07 Thu Sep 2023	427.50	424.50	428.50	419.40	1.036 times
06 Wed Sep 2023	423.95	418.00	424.95	416.30	1.313 times
05 Tue Sep 2023	418.65	417.65	419.00	416.80	2.788 times
04 Mon Sep 2023	417.80	417.35	418.75	415.60	0.652 times
01 Fri Sep 2023	417.25	416.20	417.95	412.65	0.501 times
31 Thu Aug 2023	415.60	417.80	417.85	411.25	0.215 times
30 Wed Aug 2023	417.60	422.00	422.00	415.75	0.625 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 407.3, but if it comes above 407.3, then a intra day buy could be more profitable.
If you take a sell trade below 407.3, then use 407.3 as stoploss and 397.1 as target. However if you take a buy trade in stock , then use 407.3 as stoploss and 415.83 as target.

Share price targets for Unichem Lab (UnichemLab)

Target Type	Value
Downside Target	365.35
Downside Target	397.40
Upside Target	408.50
Upside Target	409.80
Upside Target	415.60
Upside Target	416.00
Upside Target	422.00
Upside Target	440.20
Upside Target	454.25

Intraday share price targets for Unichem Lab (UnichemLab)

Target Type	Value
Downside Intraday Target	386.02
Downside Intraday Target	366.78
Upside Intraday Target	439.37
Upside Intraday Target	473.48
Upside Intraday Target	420.13

Weekly technical analysis of Unichem Lab (UnichemLab)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Sep 2023	405.25	441.05	454.25	400.90	0.346 times
08 Fri Sep 2023	437.40	417.35	440.20	415.60	3.305 times
01 Fri Sep 2023	417.25	414.70	422.00	409.80	0.279 times
25 Fri Aug 2023	412.80	406.00	416.00	404.85	2.69 times
18 Fri Aug 2023	405.85	407.55	408.50	401.45	0.237 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
12 Tue Sep 2023	405.25	416.20	454.25	400.90	0.288 times
31 Thu Aug 2023	415.60	388.40	422.00	388.40	0.927 times
31 Mon Jul 2023	395.05	371.90	397.40	371.90	2.97 times
30 Fri Jun 2023	374.25	372.55	377.15	365.35	0.934 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 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 Unichem Lab ( (UnichemLab) ) based on a short to mid 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.

Price action analysis of Unichem Lab ( (UnichemLab) ) 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 Unichem Lab stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Unichem Lab 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Unichem Lab 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 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 421.71 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.