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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 2022-05-17 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, 14Sell
Stochastics 52None
CCI 58Buy
RSI 52Buy
OBV 405279Sell
VWAP 221Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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.

Click here for Shanthi Gear charts

Click here for further forecast and predictions for tomorrow

Daily charts

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