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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 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, -0Buy
Stochastics 21Sell
CCI -110Sell
RSI 49Sell
OBV 106275Sell
VWAP 3Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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.

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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