(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)
Showing technical analysis as on 2024-02-29 View latest technical analysis
10 day averaged volume of Shangar is 8503
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 4.45 | 4.54 | 4.54 | 4.45 | 0.451 times |
| 28 Wed Feb 2024 | 4.54 | 4.72 | 4.72 | 4.54 | 0.622 times |
| 27 Tue Feb 2024 | 4.63 | 4.63 | 4.72 | 4.63 | 0.319 times |
| 26 Mon Feb 2024 | 4.72 | 4.72 | 4.72 | 4.72 | 1.709 times |
| 23 Fri Feb 2024 | 4.63 | 4.54 | 4.63 | 4.54 | 1.128 times |
| 22 Thu Feb 2024 | 4.54 | 4.54 | 4.54 | 4.54 | 2.007 times |
| 21 Wed Feb 2024 | 4.63 | 4.63 | 4.63 | 4.63 | 1.589 times |
| 20 Tue Feb 2024 | 4.72 | 4.72 | 4.72 | 4.72 | 0.879 times |
| 19 Mon Feb 2024 | 4.81 | 4.85 | 4.85 | 4.81 | 0.52 times |
| 16 Fri Feb 2024 | 4.90 | 4.91 | 5.05 | 4.90 | 0.81 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.6, but if it comes above 4.6, then a intra day buy could be more profitable.
If you take a sell trade below 4.6, then use 4.6 as stoploss and 4.3 as target. However if you take a buy trade in stock , then use 4.6 as stoploss and 4.88 as target.
Share price targets for Shangar (Shangar)
| Target Type | Value |
| Downside Target | 4.45 |
| Upside Target | 4.72 |
| Upside Target | 4.84 |
| Upside Target | 5.00 |
| Upside Target | 5.15 |
| Upside Target | 5.42 |
| Upside Target | 5.49 |
| Upside Target | 5.71 |
| Upside Target | 5.73 |
| Upside Target | 6.22 |
| Upside Target | 6.60 |
| Upside Target | 6.98 |
| Upside Target | 7.42 |
Intraday share price targets for Shangar (Shangar)
| Target Type | Value |
| Downside Intraday Target | 4.36 |
| Downside Intraday Target | 4.27 |
| Upside Intraday Target | 4.63 |
| Upside Intraday Target | 4.81 |
| Upside Intraday Target | 4.54 |
Weekly technical analysis of Shangar (Shangar)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 4.45 | 4.72 | 4.72 | 4.45 | 0.507 times |
| 23 Fri Feb 2024 | 4.63 | 4.85 | 4.85 | 4.54 | 0.692 times |
| 16 Fri Feb 2024 | 4.90 | 5.11 | 5.15 | 4.90 | 0.988 times |
| 09 Fri Feb 2024 | 5.11 | 5.19 | 5.19 | 5.00 | 1.595 times |
| 02 Fri Feb 2024 | 5.29 | 5.71 | 5.71 | 5.29 | 0.416 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 Shangar (Shangar)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 4.45 | 5.49 | 5.49 | 4.45 | 0.535 times |
| 31 Wed Jan 2024 | 5.49 | 5.65 | 6.60 | 4.84 | 0.621 times |
| 29 Fri Dec 2023 | 5.76 | 5.42 | 6.98 | 5.42 | 3.828 times |
| 30 Thu Nov 2023 | 5.17 | 6.22 | 6.22 | 4.48 | 0.195 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 Shangar (Shangar)
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 neutral. A longer time frame might give a better analysis.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Shangar stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shangar in short term and the sell signal is strong.
Shangar Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shangar in short term and SELL 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 Shangar is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.65 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.
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 neutral. A longer time frame might give a better analysis.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Shangar stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shangar in short term and the sell signal is strong.
Shangar Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shangar in short term and SELL 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 Shangar is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.65 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 further forecast and predictions for tomorrow