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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 2023-02-03 View latest technical analysis

10 day averaged volume of Shanthi Gear is 5919

Date Daily Closing Price Open High Low Volume
03 Fri Feb 2023 333.85 333.05 335.05 327.60 0.709 times
02 Thu Feb 2023 330.70 330.40 338.40 325.00 0.703 times
01 Wed Feb 2023 330.65 350.10 352.80 323.80 2.006 times
31 Tue Jan 2023 347.10 338.00 347.90 338.00 0.501 times
30 Mon Jan 2023 342.35 337.35 351.30 337.35 0.7 times
27 Fri Jan 2023 346.70 359.60 362.85 337.00 1.127 times
25 Wed Jan 2023 354.25 347.85 362.30 345.50 2.398 times
24 Tue Jan 2023 342.60 341.25 348.10 341.00 1.064 times
23 Mon Jan 2023 346.40 358.25 358.25 344.05 0.468 times
20 Fri Jan 2023 352.85 358.05 359.65 351.70 0.252 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 336.9, but if it comes above 336.9, then a intra day buy could be more profitable.
If you take a sell trade below 336.9, then use 336.9 as stoploss and 325.3 as target. However if you take a buy trade in stock , then use 336.9 as stoploss and 346.48 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 320.83
Downside Intraday Target 307.82
Upside Intraday Target 349.83
Upside Intraday Target 365.82
Upside Intraday Target 336.82

Weekly technical analysis of Shanthi Gear (ShanthiGear)

Date Weekly Closing Price Open High Low Volume
03 Fri Feb 2023 333.85 337.35 352.80 323.80 0.914 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
03 Fri Feb 2023 333.85 350.10 352.80 323.80 0.158 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 13, 22, 25 Sell
MACD -9, -6Sell
Stochastics 20Sell
CCI -120Buy
RSI 43Sell
OBV 6597Sell
VWAP 343Sell
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 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 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 losing 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shanthi Gear in short term but BUY signal is weak.

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 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 342.65 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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