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(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)

Target Type Value
Downside Target 101.85
Downside Target 104.40
Upside Target 113.95
Upside Target 118.35
Upside Target 124.00
Upside Target 134.85
Upside Target 136.30
Upside Target 141.00
Upside Target 149.00
Upside Target 151.50

Intraday share price targets for Shemaroo (Shemaroo)

Target Type Value
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

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 Shemaroo (Shemaroo)

Indicator Name Indicator Value Indicator Signal
ADX 15, 26, 26 Sell
MACD -9, -7Sell
Stochastics 28Sell
CCI -14Buy
RSI 55Buy
OBV -43808Sell
VWAP 116Sell
ADL 0Sell
ROC -13Sell
Force Index 0Sell

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!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Shemaroo charts

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Daily charts

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Daily chart

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