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(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)

10 day averaged volume of Shangar is 31180

Date Daily Closing Price Open High Low Volume
06 Fri Sep 2024 8.30 8.30 8.30 8.30 0.086 times
05 Thu Sep 2024 8.46 8.46 8.46 8.46 1.056 times
04 Wed Sep 2024 8.63 8.63 8.63 8.63 0.096 times
03 Tue Sep 2024 8.80 8.95 8.95 8.80 1.713 times
02 Mon Sep 2024 8.95 8.61 8.95 8.61 6.459 times
30 Fri Aug 2024 8.78 8.78 8.78 8.78 0.173 times
29 Thu Aug 2024 8.95 8.95 8.95 8.95 0.139 times
28 Wed Aug 2024 9.13 9.13 9.13 9.13 0.161 times
27 Tue Aug 2024 9.31 9.31 9.31 9.31 0.041 times
26 Mon Aug 2024 9.50 9.50 9.50 9.50 0.108 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.5, but if it comes above 8.5, then a intra day buy could be more profitable.
If you take a sell trade below 8.5, then use 8.5 as stoploss and 7.8 as target. However if you take a buy trade in stock , then use 8.5 as stoploss and 9.12 as target.

Share price targets for Shangar (Shangar)

Target Type Value
Downside Target 4.46
Downside Target 4.92
Downside Target 6.66
Downside Target 7.77
Downside Target 8.17
Upside Target 8.62
Upside Target 8.95
Upside Target 8.99
Upside Target 9.41
Upside Target 9.50
Upside Target 9.61
Upside Target 10.09

Intraday share price targets for Shangar (Shangar)

Target Type Value
Downside Intraday Target 8.08
Downside Intraday Target 7.87
Upside Intraday Target 8.73
Upside Intraday Target 9.17
Upside Intraday Target 8.52

Weekly technical analysis of Shangar (Shangar)

Date Weekly Closing Price Open High Low Volume
06 Fri Sep 2024 8.30 8.61 8.95 8.30 15.106 times
30 Fri Aug 2024 8.78 9.50 9.50 8.78 0.032 times
23 Fri Aug 2024 9.69 9.41 10.09 9.41 0.498 times
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

Price has moved down 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
06 Fri Sep 2024 8.30 8.61 8.95 8.30 0.115 times
30 Fri Aug 2024 8.78 8.04 10.09 7.77 4.58 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

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 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 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 SELL. Signal strength is Strong 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 8.87 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 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 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 SELL. Signal strength is Strong 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 8.87 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.

Click here for Shangar charts

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Daily charts

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Daily chart
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