(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 2024-05-17 View latest technical analysis
10 day averaged volume of Shangar is 11054
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 5.25 | 5.05 | 5.25 | 5.05 | 0.522 times |
| 16 Thu May 2024 | 5.10 | 4.91 | 5.10 | 4.90 | 0.675 times |
| 15 Wed May 2024 | 4.91 | 4.91 | 4.91 | 4.91 | 0.257 times |
| 14 Tue May 2024 | 4.68 | 4.68 | 4.68 | 4.68 | 0.246 times |
| 13 Mon May 2024 | 4.46 | 4.60 | 4.60 | 4.46 | 0.135 times |
| 10 Fri May 2024 | 4.65 | 4.65 | 4.65 | 4.65 | 0.293 times |
| 09 Thu May 2024 | 4.89 | 5.00 | 5.00 | 4.88 | 0.208 times |
| 08 Wed May 2024 | 5.05 | 5.06 | 5.06 | 4.96 | 0.234 times |
| 07 Tue May 2024 | 5.22 | 5.49 | 5.49 | 5.22 | 0.099 times |
| 06 Mon May 2024 | 5.49 | 5.59 | 5.59 | 5.49 | 0.161 times |
My analysis of stock is bearish for shortterm, and stock might move down till 4.8 or till 4.1. Use a stoploss of 5.31 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 |
| Downside Target | 4.97 |
| Downside Target | 5.25 |
| 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 | 4.72 |
| Downside Intraday Target | 4.2 |
| Upside Intraday Target | 5.51 |
| Upside Intraday Target | 5.78 |
| Downside Intraday Target | 4.99 |
Weekly technical analysis of Shangar (Shangar)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 5.25 | 4.60 | 5.25 | 4.46 | 1.846 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shangar (Shangar)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 5.25 | 6.07 | 6.07 | 4.46 | 0.14 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shangar Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shangar in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 5 and Shangar (Shangar) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shangar Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shangar in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 5 and Shangar (Shangar) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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