(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 2022-05-17 View latest technical analysis
10 day averaged volume of Shanthi Gear is 138551
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue May 2022 | 229.90 | 220.80 | 232.00 | 220.55 | 0.652 times |
| 16 Mon May 2022 | 220.15 | 213.00 | 222.00 | 207.05 | 0.618 times |
| 13 Fri May 2022 | 211.95 | 215.30 | 224.00 | 209.30 | 0.833 times |
| 12 Thu May 2022 | 209.10 | 200.15 | 212.00 | 194.95 | 0.75 times |
| 11 Wed May 2022 | 200.15 | 212.05 | 223.50 | 196.00 | 0.923 times |
| 10 Tue May 2022 | 219.70 | 234.45 | 238.40 | 216.00 | 0.911 times |
| 09 Mon May 2022 | 234.45 | 225.00 | 244.20 | 221.70 | 1.3 times |
| 06 Fri May 2022 | 220.80 | 229.90 | 229.90 | 217.00 | 0.525 times |
| 05 Thu May 2022 | 229.85 | 220.10 | 242.90 | 220.10 | 1.798 times |
| 04 Wed May 2022 | 220.60 | 228.00 | 235.85 | 216.40 | 1.019 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 226.4, but if it comes below 226.4, then a intra day sell could be more profitable.
If you take a sell trade below 226.4, then use 226.4 as stoploss and 211.86 as target. However if you take a buy trade in stock , then use 226.4 as stoploss and 243.8 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 | 188.15 |
| Downside Target | 194.95 |
| Downside Target | 205.35 |
| Downside Target | 216.40 |
| Upside Target | 232.00 |
| 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 | 213.97 |
| Downside Intraday Target | 198.03 |
| Upside Intraday Target | 238.92 |
| Upside Intraday Target | 247.93 |
| Downside Intraday Target | 222.98 |
Weekly technical analysis of Shanthi Gear (ShanthiGear)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue May 2022 | 229.90 | 213.00 | 232.00 | 207.05 | 0.269 times |
| 13 Fri May 2022 | 211.95 | 225.00 | 244.20 | 194.95 | 1.011 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 |
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 |
| 17 Tue May 2022 | 229.90 | 237.05 | 244.20 | 194.95 | 1.795 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, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Shanthi Gear (ShanthiGear)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 30, 17, 27 | Buy |
| MACD | 14, 14 | Sell |
| Stochastics | 52 | None |
| CCI | 58 | Buy |
| RSI | 52 | Buy |
| OBV | 405279 | Sell |
| VWAP | 221 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Shanthi Gear ( (ShanthiGear) ) based on a short 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.
Price action analysis of Shanthi Gear ( (ShanthiGear) ) 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 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 SELL signal for Shanthi Gear in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shanthi Gear 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. 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 221.14 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 falling down
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.
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