(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 2024-05-31 View latest technical analysis
10 day averaged volume of Shangar is 17655
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 5.17 | 5.44 | 5.44 | 5.17 | 0.419 times |
| 30 Thu May 2024 | 5.44 | 5.46 | 5.60 | 5.44 | 0.324 times |
| 29 Wed May 2024 | 5.72 | 5.72 | 5.72 | 5.72 | 0.097 times |
| 28 Tue May 2024 | 6.02 | 6.33 | 6.33 | 6.02 | 0.109 times |
| 27 Mon May 2024 | 6.33 | 6.66 | 6.66 | 6.33 | 1.942 times |
| 24 Fri May 2024 | 6.66 | 6.66 | 6.66 | 6.66 | 2.13 times |
| 23 Thu May 2024 | 6.35 | 6.35 | 6.35 | 6.35 | 2.735 times |
| 22 Wed May 2024 | 6.05 | 6.05 | 6.05 | 6.05 | 1.782 times |
| 21 Tue May 2024 | 5.77 | 5.78 | 5.78 | 5.51 | 0.44 times |
| 18 Sat May 2024 | 5.51 | 5.51 | 5.51 | 5.51 | 0.113 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 5.44 and if the stock hits stoploss, then it can shoot up till 6.04
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 | 5.17 |
| Upside Target | 5.49 |
| Upside Target | 5.77 |
| 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 | 4.67 |
| Downside Intraday Target | 4.18 |
| Upside Intraday Target | 6.16 |
| Upside Intraday Target | 7.16 |
| Upside Intraday Target | 5.67 |
Weekly technical analysis of Shangar (Shangar)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 5.17 | 6.66 | 6.66 | 5.17 | 0.408 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 |
| 31 Fri May 2024 | 5.17 | 6.07 | 6.66 | 4.46 | 0.334 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 Weak and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing 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 6.24 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 Weak and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing 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 6.24 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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