Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-09-20 View latest technical analysis

10 day averaged volume of Shemaroo is 15806

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Sep 2023	127.50	127.50	128.00	126.00	0.253 times
18 Mon Sep 2023	127.50	125.25	129.00	125.00	0.154 times
15 Fri Sep 2023	127.80	127.85	131.55	127.00	0.335 times
14 Thu Sep 2023	127.85	125.00	129.50	124.50	0.282 times
13 Wed Sep 2023	126.50	124.10	128.15	123.45	2.863 times
12 Tue Sep 2023	129.90	135.00	138.50	129.90	1.232 times
11 Mon Sep 2023	136.70	125.60	136.70	123.70	2.311 times
08 Fri Sep 2023	130.20	130.20	130.20	130.20	1.371 times
07 Thu Sep 2023	137.05	139.00	140.60	137.00	0.75 times
06 Wed Sep 2023	140.30	140.55	144.35	136.10	0.239 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 130, but if it comes above 130, then a intra day buy could be more profitable.
If you take a sell trade below 130, then use 130 as stoploss and 122.7 as target. However if you take a buy trade in stock , then use 130 as stoploss and 136.15 as target.

Share price targets for Shemaroo (Shemaroo)

Target Type	Value
Downside Target	114.15
Downside Target	123.45
Upside Target	129.00
Upside Target	134.10
Upside Target	143.90
Upside Target	144.35
Upside Target	147.00
Upside Target	150.00
Upside Target	156.00
Upside Target	166.00
Upside Target	188.70

Intraday share price targets for Shemaroo (Shemaroo)

Target Type	Value
Downside Intraday Target	125.33
Downside Intraday Target	123.17
Upside Intraday Target	129.33
Upside Intraday Target	131.17
Downside Intraday Target	127.17

Weekly technical analysis of Shemaroo (Shemaroo)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Sep 2023	127.50	125.25	129.00	125.00	0.058 times
15 Fri Sep 2023	127.80	125.60	138.50	123.45	2.421 times
08 Fri Sep 2023	130.20	136.25	144.35	130.20	2.992 times
01 Fri Sep 2023	139.00	143.90	143.90	136.25	0.957 times
25 Fri Aug 2023	141.00	145.00	147.00	139.75	3.897 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 Shemaroo (Shemaroo)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Sep 2023	127.50	136.25	144.35	123.45	2.812 times
31 Thu Aug 2023	139.70	145.70	156.00	136.30	0.706 times
31 Mon Jul 2023	142.30	152.40	166.00	134.10	0.232 times
30 Fri Jun 2023	155.50	137.55	188.70	136.65	1.957 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 Shemaroo (Shemaroo)

Price action analysis of Shemaroo ( (Shemaroo) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shemaroo ( (Shemaroo) ) based on a short 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 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 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 Shemaroo stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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 Shemaroo in short term

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 131.12 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.