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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)

Showing technical analysis as on 2022-06-24 View latest technical analysis

10 day averaged volume of Shankara is 2197

Date Daily Closing Price Open High Low Volume
24 Fri Jun 2022 674.60 648.20 686.65 648.20 1.052 times
23 Thu Jun 2022 640.55 655.30 661.45 638.20 0.229 times
22 Wed Jun 2022 650.65 662.15 663.90 650.00 0.171 times
21 Tue Jun 2022 667.55 662.15 675.50 657.95 0.503 times
20 Mon Jun 2022 655.25 687.55 687.55 653.55 0.478 times
17 Fri Jun 2022 687.05 687.75 696.55 680.65 1.04 times
16 Thu Jun 2022 687.40 718.55 723.50 670.00 1.675 times
15 Wed Jun 2022 709.85 709.70 721.00 707.45 1.137 times
14 Tue Jun 2022 704.80 714.80 728.10 701.75 1.063 times
13 Mon Jun 2022 717.15 752.80 757.70 712.00 1.874 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 669.2 as stoploss in an intra day buy trade for a target of 713.67. However, stock will show a bearish move below 669.2.

Share price targets for Shankara (Shankara)

Target Type Value
Downside Target 486.95
Downside Target 638.20
Downside Target 663.65
Upside Target 687.55
Upside Target 740.25
Upside Target 757.70
Upside Target 774.85
Upside Target 796.55
Upside Target 816.75
Upside Target 829.95
Upside Target 843.00

Intraday share price targets for Shankara (Shankara)

Target Type Value
Downside Intraday Target 646.02
Downside Intraday Target 617.43
Upside Intraday Target 695.37
Upside Intraday Target 716.13
Downside Intraday Target 666.78

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
24 Fri Jun 2022 674.60 687.55 687.55 638.20 0.359 times
17 Fri Jun 2022 687.05 752.80 757.70 670.00 0.597 times
10 Fri Jun 2022 762.10 782.00 796.55 742.05 0.414 times
03 Fri Jun 2022 763.30 678.60 816.75 672.55 5.196 times
27 Fri May 2022 675.10 744.00 755.70 663.65 0.383 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
24 Fri Jun 2022 674.60 702.30 816.75 638.20 0.883 times
31 Tue May 2022 702.95 746.60 774.85 650.45 0.492 times
29 Fri Apr 2022 758.95 786.00 829.95 740.25 0.356 times
31 Thu Mar 2022 786.00 723.75 843.00 647.95 0.372 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 18, 30, 26 Sell
MACD -31, -20Sell
Stochastics 11Sell
CCI -41Buy
RSI 51Buy
OBV 48225Sell
VWAP 692Sell
ADL 0Sell
ROC -11Sell
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 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 Shankara stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are below the red 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 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 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 692.12 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 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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Daily charts

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