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(LAURUSLABS) Laurus Labs complete technical analysis [charts+indicators] | Buy/Sell Laurus Labs | (LAURUSLABS) share price targets

Complete technical analysis of Laurus Labs (LAURUSLABS) by charts plus indicators, forecast predictions and share price targets for Laurus Labs (LAURUSLABS)

Showing technical analysis as on 2024-03-18 View latest technical analysis

10 day averaged volume of Laurus Labs is 1572819

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	397.50	400.95	401.70	393.70	0.422 times
15 Fri Mar 2024	400.90	402.75	403.10	389.50	0.755 times
14 Thu Mar 2024	400.60	400.00	407.25	394.00	0.488 times
13 Wed Mar 2024	400.60	415.00	418.20	393.65	1.617 times
12 Tue Mar 2024	414.05	412.75	420.85	405.15	1.334 times
11 Mon Mar 2024	409.85	425.00	425.85	408.60	0.843 times
07 Thu Mar 2024	422.00	409.10	425.00	409.10	1.109 times
06 Wed Mar 2024	410.65	420.00	420.00	402.65	1.403 times
05 Tue Mar 2024	420.15	420.00	422.25	417.65	0.817 times
04 Mon Mar 2024	417.55	408.95	418.65	408.95	1.497 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 397.9, but if it comes above 397.9, then a intra day buy could be more profitable.
If you take a sell trade below 397.9, then use 397.9 as stoploss and 388.4 as target. However if you take a buy trade in stock , then use 397.9 as stoploss and 405.73 as target.

Share price targets for Laurus Labs (LAURUSLABS)

Target Type	Value
Downside Target	356.65
Downside Target	373.10
Upside Target	401.70
Upside Target	413.30
Upside Target	414.10
Upside Target	425.00
Upside Target	425.85
Upside Target	438.75
Upside Target	444.70

Intraday share price targets for Laurus Labs (LAURUSLABS)

Target Type	Value
Downside Intraday Target	393.57
Downside Intraday Target	389.63
Upside Intraday Target	401.57
Upside Intraday Target	405.63
Upside Intraday Target	397.63

Weekly technical analysis of Laurus Labs (LAURUSLABS)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	397.50	400.95	401.70	393.70	0.084 times
15 Fri Mar 2024	400.90	425.00	425.85	389.50	1.044 times
07 Thu Mar 2024	422.00	408.95	425.00	402.65	0.602 times
02 Sat Mar 2024	408.90	395.10	414.10	393.35	1.902 times
23 Fri Feb 2024	398.55	399.85	413.30	392.60	1.123 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 Laurus Labs (LAURUSLABS)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	397.50	408.25	425.85	389.50	0.587 times
29 Thu Feb 2024	406.05	381.35	413.30	379.70	0.539 times
31 Wed Jan 2024	381.35	431.00	444.70	360.85	1.121 times
29 Fri Dec 2023	430.20	383.00	438.75	373.10	2.064 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 Laurus Labs (LAURUSLABS)

Price action analysis of Laurus Labs ( (LAURUSLABS) ) 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 Laurus Labs ( (LAURUSLABS) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Laurus Labs ( (LAURUSLABS) ) 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 Laurus Labs stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Laurus Labs in short term but the sell signal is initial and weak.

Laurus Labs 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Laurus Labs in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Laurus Labs is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 410.7 and Laurus Labs (LAURUSLABS) 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 Laurus Labs (LAURUSLABS) stock. Volume based technical analysis of Laurus Labs (LAURUSLABS) stock is negative.

Laurus Labs 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.