(MunjalShowa) Munjal Showa complete technical analysis [charts+indicators] | Buy/Sell Munjal Showa | (MunjalShowa) share price targets
Complete technical analysis of Munjal Showa (MunjalShowa) by charts plus indicators, forecast predictions and share price targets for Munjal Showa (MunjalShowa)
Showing technical analysis as on 2024-05-16 View latest technical analysis
10 day averaged volume of Munjal Showa is 9523
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 168.25 | 168.65 | 169.40 | 166.60 | 0.582 times |
| 15 Wed May 2024 | 165.30 | 163.95 | 171.00 | 161.60 | 3.018 times |
| 14 Tue May 2024 | 161.85 | 159.90 | 164.05 | 159.70 | 0.5 times |
| 13 Mon May 2024 | 158.75 | 159.00 | 160.80 | 156.25 | 0.561 times |
| 10 Fri May 2024 | 158.65 | 154.35 | 161.55 | 154.30 | 0.646 times |
| 09 Thu May 2024 | 156.60 | 156.00 | 167.65 | 155.55 | 2.011 times |
| 08 Wed May 2024 | 155.40 | 151.75 | 156.10 | 149.90 | 0.433 times |
| 07 Tue May 2024 | 151.20 | 152.90 | 154.40 | 150.75 | 0.449 times |
| 06 Mon May 2024 | 154.65 | 157.65 | 158.35 | 154.40 | 0.423 times |
| 03 Fri May 2024 | 157.65 | 159.60 | 159.95 | 157.30 | 0.261 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 168.9, for a target of 164.2 or 160.23
Share price targets for Munjal Showa (MunjalShowa)
| Target Type | Value |
| Downside Target | 141.95 |
| Downside Target | 149.90 |
| Downside Target | 155.95 |
| Downside Target | 160.45 |
| Downside Target | 167.65 |
| Upside Target | 168.95 |
| Upside Target | 171.00 |
| Upside Target | 175.85 |
| Upside Target | 200.00 |
| Upside Target | 203.20 |
| Upside Target | 211.00 |
Intraday share price targets for Munjal Showa (MunjalShowa)
| Target Type | Value |
| Downside Intraday Target | 159.33 |
| Downside Intraday Target | 150.42 |
| Upside Intraday Target | 174.08 |
| Upside Intraday Target | 179.92 |
| Downside Intraday Target | 165.17 |
Weekly technical analysis of Munjal Showa (MunjalShowa)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 168.25 | 159.00 | 171.00 | 156.25 | 1.177 times |
| 10 Fri May 2024 | 158.65 | 157.65 | 167.65 | 149.90 | 1.18 times |
| 03 Fri May 2024 | 157.65 | 164.50 | 165.00 | 157.30 | 0.72 times |
| 26 Fri Apr 2024 | 163.15 | 161.80 | 167.30 | 160.45 | 1.672 times |
| 19 Fri Apr 2024 | 159.60 | 163.65 | 163.65 | 155.95 | 0.72 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 Munjal Showa (MunjalShowa)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 168.25 | 160.90 | 171.00 | 149.90 | 0.585 times |
| 30 Tue Apr 2024 | 160.55 | 160.05 | 175.85 | 155.95 | 0.325 times |
| 28 Thu Mar 2024 | 163.20 | 172.35 | 200.00 | 144.15 | 1.109 times |
| 29 Thu Feb 2024 | 170.25 | 197.05 | 211.00 | 168.95 | 0.322 times |
Scroll below to view daily charts
Price has moved up 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 Munjal Showa (MunjalShowa)
Price action analysis of Munjal Showa ( (MunjalShowa) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Munjal Showa ( (MunjalShowa) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Munjal Showa ( (MunjalShowa) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Munjal Showa ( (MunjalShowa) ) 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 Munjal Showa stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Munjal Showa in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Munjal Showa Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Munjal Showa in short term and BUY signal is strong.
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 Munjal Showa is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 160.51 and Munjal Showa (MunjalShowa) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Munjal Showa (MunjalShowa) stock. Volume based technical analysis of Munjal Showa (MunjalShowa) stock is negative.
Munjal Showa Stock is giving positive 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.
Price action analysis of Munjal Showa ( (MunjalShowa) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Munjal Showa ( (MunjalShowa) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Munjal Showa ( (MunjalShowa) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Munjal Showa ( (MunjalShowa) ) 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 Munjal Showa stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Munjal Showa in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Munjal Showa Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Munjal Showa in short term and BUY signal is strong.
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 Munjal Showa is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 160.51 and Munjal Showa (MunjalShowa) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Munjal Showa (MunjalShowa) stock. Volume based technical analysis of Munjal Showa (MunjalShowa) stock is negative.
Munjal Showa Stock is giving positive 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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