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(ShanthiGear) Shanthi Gear complete technical analysis [charts+indicators] | Buy/Sell Shanthi Gear | (ShanthiGear) share price targets

Complete technical analysis of Shanthi Gear (ShanthiGear) by charts plus indicators, forecast predictions and share price targets for Shanthi Gear (ShanthiGear)

Showing technical analysis as on 2022-05-09 View latest technical analysis

10 day averaged volume of Shanthi Gear is 99499

Date Daily Closing Price Open High Low Volume
09 Mon May 2022 234.45 225.00 244.20 221.70 1.81 times
06 Fri May 2022 220.80 229.90 229.90 217.00 0.73 times
05 Thu May 2022 229.85 220.10 242.90 220.10 2.503 times
04 Wed May 2022 220.60 228.00 235.85 216.40 1.418 times
02 Mon May 2022 226.20 237.05 241.90 223.35 1.843 times
29 Fri Apr 2022 235.45 210.65 240.00 205.30 1.925 times
28 Thu Apr 2022 206.15 207.00 212.15 204.00 0.459 times
27 Wed Apr 2022 203.35 193.65 212.35 189.00 0.817 times
26 Tue Apr 2022 192.55 192.95 196.80 190.70 0.101 times
25 Mon Apr 2022 191.20 195.95 195.95 188.15 0.049 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 223.2, but if it comes below 223.2, then a intra day sell could be more profitable.
If you take a sell trade below 223.2, then use 223.2 as stoploss and 207.87 as target. However if you take a buy trade in stock , then use 223.2 as stoploss and 241.5 as target.

Share price targets for Shanthi Gear (ShanthiGear)

Target Type Value
Downside Target 144.45
Downside Target 153.00
Downside Target 175.20
Downside Target 182.00
Downside Target 205.35
Downside Target 216.40
Downside Target 220.00
Downside Target 221.70
Upside Target 240.00
Upside Target 242.90
Upside Target 244.20

Intraday share price targets for Shanthi Gear (ShanthiGear)

Target Type Value
Downside Intraday Target 222.7
Downside Intraday Target 210.95
Upside Intraday Target 245.2
Upside Intraday Target 255.95
Downside Intraday Target 233.45

Weekly technical analysis of Shanthi Gear (ShanthiGear)

Date Weekly Closing Price Open High Low Volume
09 Mon May 2022 234.45 225.00 244.20 221.70 0.279 times
06 Fri May 2022 220.80 237.05 242.90 216.40 1.938 times
29 Fri Apr 2022 235.45 195.95 240.00 188.15 2.355 times
22 Fri Apr 2022 197.40 207.00 217.10 189.00 0.492 times
13 Wed Apr 2022 209.20 191.00 220.00 185.50 5.828 times

Price has moved up 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 Shanthi Gear (ShanthiGear)

Date Monthly Closing Price Open High Low Volume
09 Mon May 2022 234.45 237.05 244.20 216.40 1.005 times
29 Fri Apr 2022 235.45 182.00 240.00 182.00 4.778 times
31 Thu Mar 2022 180.35 186.10 209.05 175.20 0.283 times
28 Mon Feb 2022 186.60 157.80 205.35 153.00 2.158 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 Shanthi Gear (ShanthiGear)

Indicator Name Indicator Value Indicator Signal
ADX 34, 10, 54 Buy
MACD 19, 15Buy
Stochastics 73Buy
CCI 81Buy
RSI 62Buy
OBV 218268Sell
VWAP 226Buy
ADL 0Sell
ROC 19Buy
Force Index 0Sell

Price action analysis of Shanthi Gear ( (ShanthiGear) ) 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 Shanthi Gear ( (ShanthiGear) ) based on a short 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 Shanthi Gear ( (ShanthiGear) ) 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 Shanthi Gear ( (ShanthiGear) ) 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 Shanthi Gear stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shanthi Gear in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shanthi Gear Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Shanthi Gear in short term and BUY signal is strong.

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 Shanthi Gear is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 225.94 and Shanthi Gear (ShanthiGear) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Shanthi Gear (ShanthiGear) stock. Volume based technical analysis of Shanthi Gear (ShanthiGear) stock is negative.

Shanthi Gear Stock is giving positive 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.

Click here for Shanthi Gear charts

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Daily charts

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Daily chart

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