(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 7946
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue Mar 2023 | 2.72 | 2.60 | 2.73 | 2.47 | 2.322 times |
| 20 Mon Mar 2023 | 2.60 | 2.82 | 2.83 | 2.57 | 1.55 times |
| 17 Fri Mar 2023 | 2.70 | 2.86 | 2.89 | 2.66 | 0.841 times |
| 16 Thu Mar 2023 | 2.79 | 2.67 | 2.86 | 2.66 | 0.347 times |
| 15 Wed Mar 2023 | 2.79 | 2.69 | 2.82 | 2.69 | 1.032 times |
| 14 Tue Mar 2023 | 2.69 | 2.72 | 2.80 | 2.62 | 0.709 times |
| 13 Mon Mar 2023 | 2.72 | 2.81 | 2.86 | 2.72 | 0.679 times |
| 10 Fri Mar 2023 | 2.86 | 2.98 | 2.98 | 2.85 | 0.598 times |
| 09 Thu Mar 2023 | 2.98 | 3.04 | 3.05 | 2.86 | 0.62 times |
| 08 Wed Mar 2023 | 2.94 | 3.05 | 3.05 | 2.86 | 0.925 times |
Stock of Shangar (Shangar) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 2.6 or till 2.3. Use a stoploss of 2.74 and if the stock hits stoploss, then it can shoot up till 2.93
Share price targets for Shangar (Shangar)
| Target Type | Value |
| Downside Target | 2.30 |
| Downside Target | 2.47 |
| Downside Target | 2.61 |
| Upside Target | 2.74 |
| Upside Target | 2.83 |
| Upside Target | 2.90 |
| Upside Target | 3.15 |
| Upside Target | 3.16 |
| Upside Target | 3.18 |
| Upside Target | 3.23 |
| Upside Target | 3.35 |
Intraday share price targets for Shangar (Shangar)
| Target Type | Value |
| Downside Intraday Target | 2.52 |
| Downside Intraday Target | 2.31 |
| Upside Intraday Target | 2.88 |
| Upside Intraday Target | 3.03 |
| Downside Intraday Target | 2.67 |
Weekly technical analysis of Shangar (Shangar)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue Mar 2023 | 2.72 | 2.82 | 2.83 | 2.47 | 1.073 times |
| 17 Fri Mar 2023 | 2.70 | 2.81 | 2.89 | 2.62 | 0.745 times |
| 10 Fri Mar 2023 | 2.86 | 3.15 | 3.15 | 2.85 | 0.228 times |
| 03 Fri Mar 2023 | 3.03 | 2.61 | 3.16 | 2.61 | 2.625 times |
| 24 Fri Feb 2023 | 2.49 | 2.49 | 2.49 | 2.30 | 3.085 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 |
| 21 Tue Mar 2023 | 2.72 | 2.87 | 3.16 | 2.47 | 2.225 times |
| 28 Tue Feb 2023 | 2.74 | 2.52 | 2.74 | 2.30 | 0.825 times |
| 30 Mon Jan 2023 | 2.64 | 3.05 | 3.18 | 2.64 | 1.002 times |
| 26 Mon Dec 2022 | 3.07 | 2.90 | 3.23 | 2.85 | 1.102 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 Shangar (Shangar)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 24, 29, 9 | Sell |
| MACD | -0, -0 | Buy |
| Stochastics | 21 | Sell |
| CCI | -110 | Sell |
| RSI | 49 | Sell |
| OBV | 106275 | Sell |
| VWAP | 3 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 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 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 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 gaining momentum.
MACD generated a BUY signal for Shangar in short term but the buy 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 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Shangar is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.75 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.
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