(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 60444
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 4.65 | 4.65 | 4.65 | 4.65 | 0.054 times |
| 09 Thu May 2024 | 4.89 | 5.00 | 5.00 | 4.88 | 0.038 times |
| 08 Wed May 2024 | 5.05 | 5.06 | 5.06 | 4.96 | 0.043 times |
| 07 Tue May 2024 | 5.22 | 5.49 | 5.49 | 5.22 | 0.018 times |
| 06 Mon May 2024 | 5.49 | 5.59 | 5.59 | 5.49 | 0.029 times |
| 03 Fri May 2024 | 5.77 | 5.77 | 5.77 | 5.77 | 1.407 times |
| 02 Thu May 2024 | 5.95 | 6.07 | 6.07 | 5.95 | 0.209 times |
| 30 Tue Apr 2024 | 6.26 | 6.39 | 6.39 | 6.26 | 0.493 times |
| 29 Mon Apr 2024 | 6.14 | 6.14 | 6.14 | 6.14 | 5.143 times |
| 26 Fri Apr 2024 | 5.90 | 5.70 | 5.90 | 5.42 | 0.777 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 4.4 as stoploss in an intra day buy trade for a target of 5.12. However, stock will show a bearish move below 4.4.
Share price targets for Shangar (Shangar)
| Target Type | Value |
| Downside Target | 3.70 |
| Downside Target | 3.82 |
| Downside Target | 4.00 |
| Downside Target | 4.41 |
| Downside Target | 4.65 |
| Upside Target | 4.83 |
| Upside Target | 4.97 |
| Upside Target | 5.49 |
| Upside Target | 5.77 |
| Upside Target | 5.90 |
| Upside Target | 6.07 |
| Upside Target | 6.39 |
| Upside Target | 6.60 |
Intraday share price targets for Shangar (Shangar)
| Target Type | Value |
| Downside Intraday Target | 4.34 |
| Downside Intraday Target | 4.02 |
| Upside Intraday Target | 5.28 |
| Upside Intraday Target | 5.9 |
| Upside Intraday Target | 4.96 |
Weekly technical analysis of Shangar (Shangar)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 4.65 | 5.59 | 5.59 | 4.65 | 0.025 times |
| 03 Fri May 2024 | 5.77 | 6.14 | 6.39 | 5.77 | 0.93 times |
| 26 Fri Apr 2024 | 5.90 | 4.97 | 5.90 | 4.97 | 14.707 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 |
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 |
| 10 Fri May 2024 | 4.65 | 6.07 | 6.07 | 4.65 | 0.118 times |
| 30 Tue Apr 2024 | 6.26 | 4.09 | 6.39 | 3.82 | 2.547 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 |
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)
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 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 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 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 but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 6.03 and Shangar (Shangar) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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 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 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 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 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 but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 6.03 and Shangar (Shangar) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.
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