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(Shankara) Shankara complete technical analysis [charts+indicators] | Buy/Sell Shankara | (Shankara) share price targets

Complete technical analysis of Shankara (Shankara) by charts plus indicators, forecast predictions and share price targets for Shankara (Shankara)

10 day averaged volume of Shankara is 3886

Date Daily Closing Price Open High Low Volume
12 Fri Aug 2022 697.65 699.00 711.00 694.40 0.378 times
11 Thu Aug 2022 697.30 692.95 702.95 688.80 0.302 times
10 Wed Aug 2022 686.10 695.00 696.00 679.55 0.343 times
08 Mon Aug 2022 692.75 710.45 710.80 691.25 1.374 times
05 Fri Aug 2022 701.95 744.95 744.95 692.10 0.81 times
04 Thu Aug 2022 722.55 716.80 740.00 714.90 3.419 times
03 Wed Aug 2022 710.15 708.00 719.95 704.40 0.223 times
02 Tue Aug 2022 708.25 708.55 716.75 705.80 0.569 times
01 Mon Aug 2022 704.85 711.05 720.80 696.15 1.082 times
30 Sat Jul 2022 706.85 725.75 741.45 705.00 0.924 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 695 as stoploss in an intra day buy trade for a target of 704.04. However, stock will show a bearish move below 695.

Share price targets for Shankara (Shankara)

Target Type Value
Downside Target 638.20
Downside Target 679.55
Upside Target 711.00
Upside Target 738.30
Upside Target 741.45
Upside Target 742.50
Upside Target 744.95
Upside Target 774.85
Upside Target 816.75
Upside Target 829.95

Intraday share price targets for Shankara (Shankara)

Target Type Value
Downside Intraday Target 681.13
Downside Intraday Target 664.62
Upside Intraday Target 712.58
Upside Intraday Target 727.52
Downside Intraday Target 696.07

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
12 Fri Aug 2022 697.65 710.45 711.00 679.55 0.393 times
05 Fri Aug 2022 701.95 711.05 744.95 692.10 1.978 times
30 Sat Jul 2022 706.85 712.85 741.45 695.45 0.457 times
22 Fri Jul 2022 711.75 709.60 738.30 680.00 1.953 times
15 Fri Jul 2022 698.70 717.15 742.50 690.05 0.834 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 Shankara (Shankara)

Date Monthly Closing Price Open High Low Volume
12 Fri Aug 2022 697.65 711.05 744.95 679.55 0.413 times
30 Sat Jul 2022 706.85 662.10 742.50 649.80 0.732 times
30 Thu Jun 2022 669.00 702.30 816.75 638.20 0.95 times
31 Tue May 2022 702.95 746.60 774.85 650.45 0.492 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 Shankara (Shankara)

Indicator Name Indicator Value Indicator Signal
ADX 23, 19, 11 Buy
MACD -3, -1Sell
Stochastics 22Sell
CCI -44Buy
RSI 53Buy
OBV -1219Sell
VWAP 709Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Shankara ( (Shankara) ) 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 Shankara ( (Shankara) ) 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 Shankara ( (Shankara) ) 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 Shankara ( (Shankara) ) based on a mid to longer term time period is

ADX buy sell signal for Shankara stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Shankara in short term and the sell signal is strong.

Shankara 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 moving up

CCI has generated a buy signal for Shankara in short term but BUY signal is weak.

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 Shankara is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 708.57 and Shankara (Shankara) 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 Shankara (Shankara) stock. Volume based technical analysis of Shankara (Shankara) stock is negative.

Shankara 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.

Click here for Shankara charts

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Daily charts

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Daily chart

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