(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 2024-10-31 View latest technical analysis
10 day averaged volume of Shangar is 42726
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 7.18 | 7.40 | 7.40 | 6.80 | 7.725 times |
| 30 Wed Oct 2024 | 7.05 | 7.05 | 7.05 | 7.05 | 0.168 times |
| 29 Tue Oct 2024 | 6.72 | 6.72 | 6.72 | 6.72 | 0.014 times |
| 28 Mon Oct 2024 | 6.40 | 6.40 | 6.40 | 6.40 | 0.076 times |
| 25 Fri Oct 2024 | 8.55 | 8.55 | 8.55 | 8.55 | 3.392 times |
| 24 Thu Oct 2024 | 8.15 | 8.15 | 8.15 | 8.15 | 0.928 times |
| 23 Wed Oct 2024 | 7.77 | 7.77 | 7.77 | 7.77 | 0.328 times |
| 22 Tue Oct 2024 | 7.40 | 7.84 | 8.15 | 7.40 | 0.486 times |
| 21 Mon Oct 2024 | 7.78 | 7.67 | 7.78 | 7.07 | 3.429 times |
| 18 Fri Oct 2024 | 7.41 | 8.00 | 8.10 | 7.41 | 0.774 times |
Stock of Shangar (Shangar) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 7 as stoploss in an intra day buy trade for a target of 7.51. However, stock will show a bearish move below 7.
Share price targets for Shangar (Shangar)
| Target Type | Value |
| Downside Target | 4.92 |
| Downside Target | 6.40 |
| Downside Target | 6.68 |
| Downside Target | 6.87 |
| Upside Target | 7.40 |
| Upside Target | 7.75 |
| Upside Target | 8.17 |
| Upside Target | 8.37 |
| Upside Target | 8.55 |
| Upside Target | 8.62 |
| Upside Target | 8.95 |
| Upside Target | 10.09 |
Intraday share price targets for Shangar (Shangar)
| Target Type | Value |
| Downside Intraday Target | 6.59 |
| Downside Intraday Target | 5.99 |
| Upside Intraday Target | 7.59 |
| Upside Intraday Target | 7.99 |
| Downside Intraday Target | 6.99 |
Weekly technical analysis of Shangar (Shangar)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 7.18 | 6.40 | 7.40 | 6.40 | 0.932 times |
| 25 Fri Oct 2024 | 8.55 | 7.67 | 8.55 | 7.07 | 1.971 times |
| 18 Fri Oct 2024 | 7.41 | 7.55 | 8.29 | 6.87 | 2.334 times |
| 11 Fri Oct 2024 | 7.61 | 7.75 | 7.75 | 6.94 | 0.465 times |
| 03 Thu Oct 2024 | 8.08 | 7.25 | 8.37 | 6.89 | 12.818 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 Thu Oct 2024 | 7.18 | 7.94 | 8.55 | 6.40 | 1.996 times |
| 30 Mon Sep 2024 | 7.60 | 8.61 | 8.95 | 6.89 | 0.206 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 |
Scroll below to view daily charts
Price has moved down 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 neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Shangar in short term and the sell signal is strong.
Shangar Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shangar in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 7.64 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 negative.
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 neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Shangar in short term and the sell signal is strong.
Shangar Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shangar in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 7.64 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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