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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 7488

Date Daily Closing Price Open High Low Volume
22 Mon Apr 2024 4.97 4.97 4.97 4.97 33.261 times
19 Fri Apr 2024 4.52 4.00 4.52 4.00 2.54 times
18 Thu Apr 2024 4.11 4.11 4.12 4.11 0.355 times
16 Tue Apr 2024 4.11 4.12 4.35 4.10 0.798 times
15 Mon Apr 2024 4.06 4.02 4.30 4.02 0.586 times
12 Fri Apr 2024 4.40 3.82 4.41 3.82 1.971 times
10 Wed Apr 2024 4.01 4.01 4.01 4.01 0.601 times
09 Tue Apr 2024 4.01 4.29 4.29 4.01 0.543 times
08 Mon Apr 2024 4.01 4.18 4.18 4.01 0.248 times
05 Fri Apr 2024 4.30 4.44 4.45 4.02 1.032 times

Stock of Shangar (Shangar) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 4.7, for a target of 4.4 or 4.15

Share price targets for Shangar (Shangar)

Target Type Value
Downside Target 3.70
Downside Target 3.82
Downside Target 4.00
Downside Target 4.24
Downside Target 4.41
Downside Target 4.83
Downside Target 4.97
Upside Target 5.42
Upside Target 5.49
Upside Target 6.60
Upside Target 6.98

Intraday share price targets for Shangar (Shangar)

Target Type Value
Downside Intraday Target 4.97
Downside Intraday Target 4.97
Downside Intraday Target 4.97
Downside Intraday Target 4.97
Downside Intraday Target 4.97

Weekly technical analysis of Shangar (Shangar)

Date Weekly Closing Price Open High Low Volume
22 Mon Apr 2024 4.97 4.97 4.97 4.97 7.772 times
19 Fri Apr 2024 4.52 4.02 4.52 4.00 1.272 times
12 Fri Apr 2024 4.40 4.18 4.41 3.82 0.505 times
05 Fri Apr 2024 4.30 4.09 4.45 3.85 0.45 times
28 Thu Mar 2024 3.93 3.88 4.24 3.83 1.737 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shangar (Shangar)

Date Monthly Closing Price Open High Low Volume
22 Mon Apr 2024 4.97 4.09 4.97 3.82 0.987 times
28 Thu Mar 2024 3.93 4.45 4.83 3.70 1.524 times
29 Thu Feb 2024 4.45 5.49 5.49 4.45 0.535 times
31 Wed Jan 2024 5.49 5.65 6.60 4.84 0.621 times

Scroll below to view daily charts

Price has moved up 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)

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

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

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 BUY. Signal strength is Strong and stock is gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 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 4.83 and Shangar (Shangar) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Shangar (Shangar) stock. Volume based technical analysis of Shangar (Shangar) stock is negative.

Shangar Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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

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

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

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 BUY. Signal strength is Strong and stock is gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 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 4.83 and Shangar (Shangar) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Shangar (Shangar) stock. Volume based technical analysis of Shangar (Shangar) stock is negative.

Shangar Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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