(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 2024-05-15 View latest technical analysis
10 day averaged volume of Shangar is 14269
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 4.91 | 4.91 | 4.91 | 4.91 | 0.199 times |
| 14 Tue May 2024 | 4.68 | 4.68 | 4.68 | 4.68 | 0.191 times |
| 13 Mon May 2024 | 4.46 | 4.60 | 4.60 | 4.46 | 0.105 times |
| 10 Fri May 2024 | 4.65 | 4.65 | 4.65 | 4.65 | 0.227 times |
| 09 Thu May 2024 | 4.89 | 5.00 | 5.00 | 4.88 | 0.161 times |
| 08 Wed May 2024 | 5.05 | 5.06 | 5.06 | 4.96 | 0.181 times |
| 07 Tue May 2024 | 5.22 | 5.49 | 5.49 | 5.22 | 0.077 times |
| 06 Mon May 2024 | 5.49 | 5.59 | 5.59 | 5.49 | 0.125 times |
| 03 Fri May 2024 | 5.77 | 5.77 | 5.77 | 5.77 | 5.959 times |
| 02 Thu May 2024 | 5.95 | 6.07 | 6.07 | 5.95 | 0.886 times |
My analysis of stock is bearish for shortterm, and stock might move down till 4.6 or till 3.8. Use a stoploss of 5.2 and if the stock hits stoploss, then it can shoot up till 5.84
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 |
| Downside Target | 4.83 |
| 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 | 4.61 |
| Downside Intraday Target | 4.31 |
| Upside Intraday Target | 5.06 |
| Upside Intraday Target | 5.21 |
| Downside Intraday Target | 4.76 |
Weekly technical analysis of Shangar (Shangar)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 4.91 | 4.60 | 4.91 | 4.46 | 0.642 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 |
| 15 Wed May 2024 | 4.91 | 6.07 | 6.07 | 4.46 | 0.126 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 neutral. A longer time frame might give a better analysis.
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 Weak 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
Stock of Shangar is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.65 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 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 neutral. A longer time frame might give a better analysis.
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 Weak 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
Stock of Shangar is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.65 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 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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