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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 2024-05-30 View latest technical analysis

10 day averaged volume of Shanthi Gear is 3362

Date Daily Closing Price Open High Low Volume
30 Thu May 2024 518.40 543.60 544.45 517.65 1.719 times
29 Wed May 2024 543.00 537.10 551.00 537.10 0.792 times
28 Tue May 2024 545.65 567.85 567.85 544.10 1.557 times
27 Mon May 2024 556.70 552.20 565.00 552.20 0.785 times
24 Fri May 2024 561.60 558.00 569.75 557.35 1.242 times
23 Thu May 2024 558.40 569.70 569.70 555.05 1.442 times
22 Wed May 2024 558.50 562.40 564.90 554.30 0.414 times
21 Tue May 2024 562.40 565.75 567.25 559.95 0.728 times
18 Sat May 2024 567.10 570.20 572.45 541.55 0.032 times
17 Fri May 2024 568.20 565.00 570.00 560.30 1.137 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 533.6, for a target of 547.4 or 558.84

Share price targets for Shanthi Gear (ShanthiGear)

Target Type Value
Downside Target 474.00
Downside Target 487.00
Downside Target 517.65
Upside Target 528.40
Upside Target 554.30
Upside Target 569.75
Upside Target 575.00
Upside Target 578.10
Upside Target 582.50
Upside Target 616.40
Upside Target 645.00

Intraday share price targets for Shanthi Gear (ShanthiGear)

Target Type Value
Downside Intraday Target 501.42
Downside Intraday Target 484.43
Upside Intraday Target 551.62
Upside Intraday Target 584.83
Upside Intraday Target 534.63

Weekly technical analysis of Shanthi Gear (ShanthiGear)

Date Weekly Closing Price Open High Low Volume
30 Thu May 2024 518.40 552.20 567.85 517.65 1.268 times
24 Fri May 2024 561.60 565.75 569.75 554.30 0.405 times
18 Sat May 2024 567.10 581.40 582.50 541.55 0.454 times
10 Fri May 2024 567.20 565.00 575.00 538.45 8.061 times
03 Fri May 2024 563.00 569.00 578.10 556.55 0.852 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
30 Thu May 2024 518.40 560.05 582.50 517.65 1.841 times
30 Tue Apr 2024 561.45 566.95 616.40 535.55 1.134 times
28 Thu Mar 2024 554.05 515.05 565.00 474.00 1.434 times
29 Thu Feb 2024 520.85 566.65 566.65 487.00 0.285 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)

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 neutral. A longer time frame might give a better analysis.

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 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 red color and prices are below the red 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

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 549.89 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.

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 neutral. A longer time frame might give a better analysis.

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 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 red color and prices are below the red 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

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 549.89 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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