(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 2024-05-14 View latest technical analysis
10 day averaged volume of Shangar is 45087
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 4.68 | 4.68 | 4.68 | 4.68 | 0.06 times |
| 13 Mon May 2024 | 4.46 | 4.60 | 4.60 | 4.46 | 0.033 times |
| 10 Fri May 2024 | 4.65 | 4.65 | 4.65 | 4.65 | 0.072 times |
| 09 Thu May 2024 | 4.89 | 5.00 | 5.00 | 4.88 | 0.051 times |
| 08 Wed May 2024 | 5.05 | 5.06 | 5.06 | 4.96 | 0.057 times |
| 07 Tue May 2024 | 5.22 | 5.49 | 5.49 | 5.22 | 0.024 times |
| 06 Mon May 2024 | 5.49 | 5.59 | 5.59 | 5.49 | 0.039 times |
| 03 Fri May 2024 | 5.77 | 5.77 | 5.77 | 5.77 | 1.886 times |
| 02 Thu May 2024 | 5.95 | 6.07 | 6.07 | 5.95 | 0.28 times |
| 30 Tue Apr 2024 | 6.26 | 6.39 | 6.39 | 6.26 | 0.661 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 4.5 as stoploss in an intra day buy trade for a target of 5.16. However, stock will show a bearish move below 4.5.
Share price targets for Shangar (Shangar)
| Target Type | Value |
| Downside Target | 3.70 |
| Downside Target | 3.82 |
| Downside Target | 4.00 |
| Downside Target | 4.45 |
| Downside Target | 4.65 |
| Upside Target | 4.83 |
| Upside Target | 4.97 |
| Upside Target | 5.49 |
| Upside Target | 5.77 |
| Upside Target | 5.90 |
| Upside Target | 6.07 |
| Upside Target | 6.39 |
| Upside Target | 6.60 |
Intraday share price targets for Shangar (Shangar)
| Target Type | Value |
| Downside Intraday Target | 4.53 |
| Downside Intraday Target | 4.39 |
| Upside Intraday Target | 4.75 |
| Upside Intraday Target | 4.83 |
| Downside Intraday Target | 4.61 |
Weekly technical analysis of Shangar (Shangar)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 4.68 | 4.60 | 4.68 | 4.46 | 0.384 times |
| 10 Fri May 2024 | 4.65 | 5.59 | 5.59 | 4.65 | 0.025 times |
| 03 Fri May 2024 | 5.77 | 6.14 | 6.39 | 5.77 | 0.93 times |
| 26 Fri Apr 2024 | 5.90 | 4.97 | 5.90 | 4.97 | 14.707 times |
| 19 Fri Apr 2024 | 4.52 | 4.02 | 4.52 | 4.00 | 1.272 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 |
| 14 Tue May 2024 | 4.68 | 6.07 | 6.07 | 4.46 | 0.123 times |
| 30 Tue Apr 2024 | 6.26 | 4.09 | 6.39 | 3.82 | 2.547 times |
| 28 Thu Mar 2024 | 3.93 | 4.45 | 4.83 | 3.70 | 1.524 times |
| 29 Thu Feb 2024 | 4.45 | 5.49 | 5.49 | 4.45 | 0.535 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Shangar in short term but the sell 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shangar 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 5.79 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 positive
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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Shangar in short term but the sell 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shangar 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 5.79 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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