(Shemaroo) Shemaroo complete technical analysis [charts+indicators] | Buy/Sell Shemaroo | (Shemaroo) share price targets
Complete technical analysis of Shemaroo (Shemaroo) by charts plus indicators, forecast predictions and share price targets for Shemaroo (Shemaroo)
Showing technical analysis as on 2022-05-18 View latest technical analysis
10 day averaged volume of Shemaroo is 6418
|Date||Daily Closing Price||Open||High||Low||Volume|
|18 Wed May 2022||112.85||118.35||118.35||112.40||0.072 times|
|17 Tue May 2022||114.45||107.20||116.40||107.20||1.038 times|
|16 Mon May 2022||110.95||111.80||116.20||106.00||0.55 times|
|13 Fri May 2022||109.80||111.30||114.25||109.00||0.249 times|
|12 Thu May 2022||106.10||106.95||108.50||104.50||0.336 times|
|11 Wed May 2022||108.25||117.00||117.30||106.10||2.384 times|
|10 Tue May 2022||115.55||121.80||121.95||115.15||0.272 times|
|09 Mon May 2022||120.15||124.90||124.90||117.10||2.987 times|
|06 Fri May 2022||124.30||129.35||129.35||120.50||1.574 times|
|05 Thu May 2022||127.05||131.55||131.95||126.45||0.184 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 113.2, but if it comes above 113.2, then a intra day buy could be more profitable.
If you take a sell trade below 113.2, then use 113.2 as stoploss and 99.9 as target. However if you take a buy trade in stock , then use 113.2 as stoploss and 124.29 as target.
Share price targets for Shemaroo (Shemaroo)
Intraday share price targets for Shemaroo (Shemaroo)
|Downside Intraday Target||106.45|
|Downside Intraday Target||100.05|
|Upside Intraday Target||118.8|
|Upside Intraday Target||124.75|
|Downside Intraday Target||112.4|
Weekly technical analysis of Shemaroo (Shemaroo)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|18 Wed May 2022||112.85||111.80||118.35||106.00||0.267 times|
|13 Fri May 2022||109.80||124.90||124.90||104.50||1.773 times|
|06 Fri May 2022||124.30||136.00||136.30||120.50||0.609 times|
|29 Fri Apr 2022||136.15||129.95||149.00||126.90||1.502 times|
|22 Fri Apr 2022||131.80||135.50||141.00||124.00||2.442 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 Shemaroo (Shemaroo)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|18 Wed May 2022||112.85||136.00||136.30||104.50||0.615 times|
|29 Fri Apr 2022||136.15||135.05||149.00||124.00||0.416 times|
|31 Thu Mar 2022||135.30||106.10||151.50||104.40||0.688 times|
|28 Mon Feb 2022||104.30||115.95||129.00||101.85||1.922 times|
Scroll below to view daily charts
Indicators analysis of Shemaroo (Shemaroo)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||15, 26, 26||Sell|
Price action analysis of Shemaroo ( (Shemaroo) ) 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 Shemaroo ( (Shemaroo) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Shemaroo ( (Shemaroo) ) 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 Shemaroo ( (Shemaroo) ) based on a mid to longer term time period is
ADX buy sell signal for Shemaroo stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Shemaroo in short term and the sell signal is strong.
Shemaroo Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
CCI has generated a buy signal for Shemaroo in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 Shemaroo is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 115.94 and Shemaroo (Shemaroo) 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 Shemaroo (Shemaroo) stock. Volume based technical analysis of Shemaroo (Shemaroo) stock is negative.
Shemaroo Stock has given negative returns over a short term period. Returns for a longer term period have been negative.