(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 2024-06-14 View latest technical analysis
10 day averaged volume of Shangar is 54685
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 7.20 | 7.38 | 7.38 | 7.03 | 6.106 times |
| 13 Thu Jun 2024 | 7.20 | 7.38 | 7.38 | 7.03 | 6.106 times |
| 12 Wed Jun 2024 | 7.03 | 7.03 | 7.03 | 7.03 | 1.02 times |
| 11 Tue Jun 2024 | 6.70 | 6.70 | 6.70 | 6.70 | 0.782 times |
| 10 Mon Jun 2024 | 6.39 | 6.39 | 6.39 | 6.39 | 0.365 times |
| 07 Fri Jun 2024 | 6.09 | 6.09 | 6.09 | 6.09 | 0.129 times |
| 06 Thu Jun 2024 | 5.80 | 5.65 | 5.80 | 5.65 | 0.278 times |
| 05 Wed Jun 2024 | 5.65 | 5.40 | 5.65 | 5.23 | 0.447 times |
| 04 Tue Jun 2024 | 5.40 | 5.68 | 5.68 | 5.40 | 0.497 times |
| 03 Mon Jun 2024 | 5.42 | 4.92 | 5.42 | 4.92 | 0.241 times |
Stock of Shangar (Shangar) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 7.4, for a target of 6.7 or 6.1
Share price targets for Shangar (Shangar)
| Target Type | Value |
| Downside Target | 3.70 |
| Downside Target | 3.82 |
| Downside Target | 4.45 |
| Downside Target | 4.83 |
| Downside Target | 5.17 |
| Downside Target | 5.49 |
| Downside Target | 6.09 |
| Downside Target | 6.39 |
| Downside Target | 6.66 |
| Upside Target | 7.38 |
Intraday share price targets for Shangar (Shangar)
| Target Type | Value |
| Downside Intraday Target | 6.6 |
| Downside Intraday Target | 6 |
| Upside Intraday Target | 7.59 |
| Upside Intraday Target | 7.98 |
| Downside Intraday Target | 6.99 |
Weekly technical analysis of Shangar (Shangar)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 7.20 | 6.39 | 7.38 | 6.39 | 9.028 times |
| 07 Fri Jun 2024 | 6.09 | 4.92 | 6.09 | 4.92 | 1.706 times |
| 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 |
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 |
| 14 Fri Jun 2024 | 7.20 | 4.92 | 7.38 | 4.92 | 2.843 times |
| 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Shangar ( (Shangar) ) based on a mid to longer 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.
ADX buy sell signal for Shangar stock for short term is BUY. Signal strength is Strong and stock is gaining 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
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 6.99 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Shangar ( (Shangar) ) based on a mid to longer 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.
ADX buy sell signal for Shangar stock for short term is BUY. Signal strength is Strong and stock is gaining 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
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 6.99 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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