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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 2023-02-01 View latest technical analysis

10 day averaged volume of Shanthi Gear is 5667

Date Daily Closing Price Open High Low Volume
01 Wed Feb 2023 330.65 350.10 352.80 323.80 2.096 times
31 Tue Jan 2023 347.10 338.00 347.90 338.00 0.523 times
30 Mon Jan 2023 342.35 337.35 351.30 337.35 0.731 times
27 Fri Jan 2023 346.70 359.60 362.85 337.00 1.177 times
25 Wed Jan 2023 354.25 347.85 362.30 345.50 2.505 times
24 Tue Jan 2023 342.60 341.25 348.10 341.00 1.112 times
23 Mon Jan 2023 346.40 358.25 358.25 344.05 0.488 times
20 Fri Jan 2023 352.85 358.05 359.65 351.70 0.264 times
19 Thu Jan 2023 358.05 345.20 361.05 344.50 0.813 times
18 Wed Jan 2023 345.15 352.60 352.60 343.60 1.481 times

Stock of Shanthi Gear (ShanthiGear) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 337, but if it comes above 337, then a intra day buy could be more profitable.
If you take a sell trade below 337, then use 337 as stoploss and 325.5 as target. However if you take a buy trade in stock , then use 337 as stoploss and 346.51 as target.

Share price targets for Shanthi Gear (ShanthiGear)

Target Type Value
Downside Target 292.10
Downside Target 323.80
Upside Target 352.80
Upside Target 362.85
Upside Target 364.00
Upside Target 364.15
Upside Target 366.95
Upside Target 391.55
Upside Target 393.50
Upside Target 399.00

Intraday share price targets for Shanthi Gear (ShanthiGear)

Target Type Value
Downside Intraday Target 318.7
Downside Intraday Target 306.75
Upside Intraday Target 347.7
Upside Intraday Target 364.75
Upside Intraday Target 335.75

Weekly technical analysis of Shanthi Gear (ShanthiGear)

Date Weekly Closing Price Open High Low Volume
01 Wed Feb 2023 330.65 337.35 352.80 323.80 0.634 times
27 Fri Jan 2023 346.70 358.25 362.85 337.00 1.153 times
20 Fri Jan 2023 352.85 363.05 366.95 343.60 0.725 times
13 Fri Jan 2023 362.45 340.75 364.15 330.60 1.228 times
06 Fri Jan 2023 340.75 343.10 348.70 324.80 0.6 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 Shanthi Gear (ShanthiGear)

Date Monthly Closing Price Open High Low Volume
01 Wed Feb 2023 330.65 350.10 352.80 323.80 0.093 times
31 Tue Jan 2023 347.10 343.10 366.95 324.80 0.413 times
30 Fri Dec 2022 345.35 382.50 393.50 292.10 0.894 times
30 Wed Nov 2022 379.20 390.40 399.00 364.00 0.76 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 15, 26, 25 Sell
MACD -6, -5Sell
Stochastics 25Sell
CCI -169Sell
RSI 47Sell
OBV -9409Sell
VWAP 345Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 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 Shanthi Gear ( (ShanthiGear) ) 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 Shanthi Gear stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shanthi Gear in short term and the sell signal is strong.

Shanthi Gear 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shanthi Gear 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

Stock of Shanthi Gear is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 345.46 and Shanthi Gear (ShanthiGear) 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 Shanthi Gear (ShanthiGear) stock. Volume based technical analysis of Shanthi Gear (ShanthiGear) stock is negative.

Shanthi Gear 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.

Click here for Shanthi Gear charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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