(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)
Showing technical analysis as on 2021-06-11 View latest technical analysis
10 day averaged volume of Shangar is 300493
|Date||Daily Closing Price||Open||High||Low||Volume|
|11 Fri Jun 2021||10.47||10.39||10.52||10.00||0.363 times|
|10 Thu Jun 2021||10.23||10.29||10.30||10.00||0.241 times|
|09 Wed Jun 2021||10.03||10.36||10.44||9.95||1.898 times|
|08 Tue Jun 2021||10.04||10.40||10.53||10.00||1.137 times|
|07 Mon Jun 2021||10.07||10.25||10.70||9.75||1.652 times|
|04 Fri Jun 2021||9.93||10.05||10.43||9.85||1.106 times|
|03 Thu Jun 2021||10.14||10.65||10.65||10.06||0.895 times|
|02 Wed Jun 2021||10.30||10.37||10.67||10.10||0.363 times|
|01 Tue Jun 2021||10.37||10.98||10.98||10.30||0.688 times|
|31 Mon May 2021||10.68||11.19||11.19||10.55||1.111 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 10.2 as stoploss in an intra day buy trade for a target of 10.81. However, stock will show a bearish move below 10.2.
Share price targets for Shangar (Shangar)
Intraday share price targets for Shangar (Shangar)
|Downside Intraday Target||9.91|
|Downside Intraday Target||9.36|
|Upside Intraday Target||10.86|
|Upside Intraday Target||11.26|
|Downside Intraday Target||10.31|
Weekly technical analysis of Shangar (Shangar)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|11 Fri Jun 2021||10.47||10.25||10.70||9.75||1.271 times|
|04 Fri Jun 2021||9.93||11.19||11.19||9.85||0.687 times|
|28 Fri May 2021||11.04||12.48||12.99||11.00||0.748 times|
|21 Fri May 2021||12.35||11.40||13.00||10.90||2.176 times|
|14 Fri May 2021||11.35||11.83||12.38||11.20||0.724 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 Shangar (Shangar)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|11 Fri Jun 2021||10.47||10.98||10.98||9.75||0.346 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|
|31 Wed Mar 2021||14.00||19.70||20.50||13.30||1.786 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, 16, 0||Sell|
Price action analysis of Shangar ( (Shangar) ) 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 Shangar ( (Shangar) ) 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 Shangar ( (Shangar) ) 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Shangar in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shangar 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 moving up
CCI has generated a buy signal for Shangar in short term and BUY 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 10.17 and Shangar (Shangar) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.