(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 2024-05-27 View latest technical analysis
10 day averaged volume of Shangar is 14742
Date | Daily Closing Price | Open | High | Low | Volume |
27 Mon May 2024 | 6.33 | 6.66 | 6.66 | 6.33 | 2.326 times |
24 Fri May 2024 | 6.66 | 6.66 | 6.66 | 6.66 | 2.55 times |
23 Thu May 2024 | 6.35 | 6.35 | 6.35 | 6.35 | 3.276 times |
22 Wed May 2024 | 6.05 | 6.05 | 6.05 | 6.05 | 2.135 times |
21 Tue May 2024 | 5.77 | 5.78 | 5.78 | 5.51 | 0.527 times |
18 Sat May 2024 | 5.51 | 5.51 | 5.51 | 5.51 | 0.136 times |
17 Fri May 2024 | 5.25 | 5.05 | 5.25 | 5.05 | 0.391 times |
16 Thu May 2024 | 5.10 | 4.91 | 5.10 | 4.90 | 0.506 times |
15 Wed May 2024 | 4.91 | 4.91 | 4.91 | 4.91 | 0.192 times |
14 Tue May 2024 | 4.68 | 4.68 | 4.68 | 4.68 | 0.185 times |
Stock of Shangar (Shangar) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6.2, but if it comes below 6.2, then a intra day sell could be more profitable.
If you take a sell trade below 6.2, then use 6.2 as stoploss and 5.52 as target. However if you take a buy trade in stock , then use 6.2 as stoploss and 6.9 as target.
Share price targets for Shangar (Shangar)
Target Type | Value |
Downside Target | 3.70 |
Downside Target | 3.82 |
Downside Target | 4.45 |
Downside Target | 4.65 |
Downside Target | 4.83 |
Downside Target | 5.49 |
Downside Target | 5.77 |
Downside Target | 6.33 |
Upside Target | 6.39 |
Upside Target | 6.60 |
Upside Target | 6.66 |
Intraday share price targets for Shangar (Shangar)
Target Type | Value |
Downside Intraday Target | 6.22 |
Downside Intraday Target | 6.11 |
Upside Intraday Target | 6.55 |
Upside Intraday Target | 6.77 |
Upside Intraday Target | 6.44 |
Weekly technical analysis of Shangar (Shangar)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Mon May 2024 | 6.33 | 6.66 | 6.66 | 6.33 | 0.274 times |
24 Fri May 2024 | 6.66 | 5.78 | 6.66 | 5.51 | 5.614 times |
18 Sat May 2024 | 5.51 | 4.60 | 5.51 | 4.46 | 2.028 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 |
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 |
27 Mon May 2024 | 6.33 | 6.07 | 6.66 | 4.46 | 0.316 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 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 Shangar (Shangar)
Price action analysis of Shangar ( (Shangar) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shangar ( (Shangar) ) 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 Shangar ( (Shangar) ) based on a short to mid 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 Shangar ( (Shangar) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Shangar stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Shangar in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shangar Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shangar in short term but SELL signal is weak.
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 6.19 and Shangar (Shangar) 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 Shangar (Shangar) stock. Volume based technical analysis of Shangar (Shangar) stock is negative.
Shangar Stock is giving positive 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shangar ( (Shangar) ) 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 Shangar ( (Shangar) ) based on a short to mid 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 Shangar ( (Shangar) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Shangar stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Shangar in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shangar Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shangar in short term but SELL signal is weak.
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 6.19 and Shangar (Shangar) 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 Shangar (Shangar) stock. Volume based technical analysis of Shangar (Shangar) stock is negative.
Shangar Stock is giving positive 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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