(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 2024-08-16 View latest technical analysis
10 day averaged volume of Shangar is 132291
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 9.61 | 9.01 | 9.61 | 9.00 | 4.438 times |
| 14 Wed Aug 2024 | 9.16 | 9.00 | 9.16 | 8.73 | 2.384 times |
| 13 Tue Aug 2024 | 8.73 | 8.69 | 8.73 | 8.02 | 1.645 times |
| 12 Mon Aug 2024 | 8.32 | 8.39 | 8.57 | 7.90 | 0.826 times |
| 09 Fri Aug 2024 | 8.19 | 8.00 | 8.35 | 7.77 | 0.13 times |
| 08 Thu Aug 2024 | 8.00 | 8.20 | 8.20 | 7.89 | 0.113 times |
| 07 Wed Aug 2024 | 8.14 | 7.90 | 8.57 | 7.77 | 1.294 times |
| 06 Tue Aug 2024 | 8.17 | 8.52 | 8.99 | 8.17 | 0.274 times |
| 05 Mon Aug 2024 | 8.59 | 8.20 | 8.61 | 7.79 | 1.929 times |
| 02 Fri Aug 2024 | 8.20 | 8.20 | 8.20 | 8.15 | 0.819 times |
Stock of Shangar (Shangar) has showed a significant upmove. This could be a good time to enter in 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 9.5, for a target of 8.7 or 7.96
Share price targets for Shangar (Shangar)
| Target Type | Value |
| Downside Target | 3.82 |
| Downside Target | 4.46 |
| Downside Target | 4.92 |
| Downside Target | 6.39 |
| Downside Target | 6.66 |
| Downside Target | 7.25 |
| Downside Target | 7.47 |
| Downside Target | 7.77 |
| Downside Target | 8.17 |
| Downside Target | 8.20 |
| Downside Target | 8.62 |
| Downside Target | 8.99 |
| Downside Target | 9.61 |
Intraday share price targets for Shangar (Shangar)
| Target Type | Value |
| Downside Intraday Target | 8.47 |
| Downside Intraday Target | 7.33 |
| Upside Intraday Target | 10.18 |
| Upside Intraday Target | 10.75 |
| Downside Intraday Target | 9.04 |
Weekly technical analysis of Shangar (Shangar)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 9.61 | 8.39 | 9.61 | 7.90 | 2.485 times |
| 09 Fri Aug 2024 | 8.19 | 8.20 | 8.99 | 7.77 | 1.265 times |
| 02 Fri Aug 2024 | 8.20 | 7.61 | 8.20 | 7.50 | 4.566 times |
| 26 Fri Jul 2024 | 7.47 | 6.79 | 7.47 | 6.79 | 1.014 times |
| 19 Fri Jul 2024 | 6.79 | 7.25 | 7.25 | 6.68 | 0.791 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 |
| 16 Fri Aug 2024 | 9.61 | 8.04 | 9.61 | 7.77 | 3.442 times |
| 31 Wed Jul 2024 | 7.89 | 8.17 | 8.17 | 6.68 | 0.397 times |
| 28 Fri Jun 2024 | 8.33 | 4.92 | 8.62 | 4.92 | 4.555 times |
| 31 Fri May 2024 | 5.17 | 6.07 | 6.66 | 4.46 | 0.334 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 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 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 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining 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 8.93 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 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 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 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining 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 8.93 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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