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(Shangar) Shangar complete technical analysis [charts+indicators] | Buy/Sell Shangar | (Shangar) share price targets

Complete technical analysis of Shangar (Shangar) by charts plus indicators, forecast predictions and share price targets for Shangar (Shangar)

10 day averaged volume of Shangar is 50333

Date Daily Closing Price Open High Low Volume
30 Fri Jul 2021 9.07 8.81 9.26 8.55 1.12 times
29 Thu Jul 2021 9.06 9.25 9.45 9.00 0.686 times
28 Wed Jul 2021 9.19 9.28 9.28 8.90 0.804 times
27 Tue Jul 2021 9.08 9.70 9.70 8.65 0.672 times
26 Mon Jul 2021 9.23 9.12 9.50 8.55 0.858 times
23 Fri Jul 2021 9.34 9.79 9.79 9.25 0.968 times
22 Thu Jul 2021 9.51 9.71 9.88 9.40 0.928 times
20 Tue Jul 2021 9.56 9.30 9.70 9.30 0.736 times
19 Mon Jul 2021 9.73 9.70 10.00 9.15 1.319 times
16 Fri Jul 2021 9.67 10.10 10.25 8.05 2.256 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 9 as stoploss in an intra day buy trade for a target of 9.51. However, stock will show a bearish move below 9.

Share price targets for Shangar (Shangar)

Target Type Value
Downside Target 8.05
Downside Target 8.55
Downside Target 8.75
Upside Target 9.15
Upside Target 9.35
Upside Target 9.70
Upside Target 9.98
Upside Target 10.55
Upside Target 10.90
Upside Target 11.88
Upside Target 13.30
Upside Target 14.00
Upside Target 15.94
Upside Target 20.50

Intraday share price targets for Shangar (Shangar)

Target Type Value
Downside Intraday Target 8.51
Downside Intraday Target 7.96
Upside Intraday Target 9.66
Upside Intraday Target 10.26
Upside Intraday Target 9.11

Weekly technical analysis of Shangar (Shangar)

Date Weekly Closing Price Open High Low Volume
30 Fri Jul 2021 9.07 9.12 9.70 8.55 1.048 times
23 Fri Jul 2021 9.34 9.70 10.00 9.15 0.175 times
16 Fri Jul 2021 9.67 9.55 11.88 8.05 2.214 times
09 Fri Jul 2021 9.44 9.77 9.77 8.75 1.422 times
02 Fri Jul 2021 9.49 9.95 9.98 9.41 0.548 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 Shangar (Shangar)

Date Monthly Closing Price Open High Low Volume
30 Fri Jul 2021 9.07 9.70 11.88 8.05 0.469 times
30 Wed Jun 2021 9.50 10.98 11.00 9.35 0.636 times
31 Mon May 2021 10.68 13.40 14.00 10.55 1.072 times
30 Fri Apr 2021 13.34 14.45 15.94 10.90 0.645 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 Shangar (Shangar)

Indicator Name Indicator Value Indicator Signal
ADX 16, 29, 29 Sell
MACD -1, -1Sell
Stochastics 47None
CCI -112Sell
RSI 67Buy
OBV -475517Sell
VWAP 9Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Shangar ( (Shangar) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shangar ( (Shangar) ) 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 Shangar ( (Shangar) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shangar ( (Shangar) ) 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 Shangar stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shangar in short term and the sell signal is strong.

Shangar Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a SELL signal for Shangar in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 Shangar is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 9.41 and Shangar (Shangar) 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 Shangar (Shangar) stock. Volume based technical analysis of Shangar (Shangar) stock is negative.

Shangar 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 Shangar charts

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Daily charts

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