Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SHANTHALA_SM) Shanthala Fmcg complete technical analysis [charts+indicators] | Buy/Sell Shanthala Fmcg | (SHANTHALA_SM) share price targets

Complete technical analysis of Shanthala Fmcg (SHANTHALA_SM) by charts plus indicators, forecast predictions and share price targets for Shanthala Fmcg (SHANTHALA_SM)

Showing technical analysis as on 2024-05-02 View latest technical analysis

10 day averaged volume of Shanthala Fmcg is 9840

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	78.30	85.75	85.75	72.30	5.61 times
18 Thu Apr 2024	88.00	88.00	88.00	88.00	0.122 times
15 Mon Apr 2024	88.00	88.00	88.00	88.00	0.244 times
12 Fri Apr 2024	88.00	88.00	88.00	88.00	0.244 times
05 Fri Apr 2024	89.10	89.50	89.50	89.00	0.488 times
04 Thu Apr 2024	89.00	89.00	89.00	89.00	0.244 times
03 Wed Apr 2024	88.05	88.05	88.05	88.05	0.122 times
02 Tue Apr 2024	91.65	91.65	91.65	91.65	0.122 times
01 Mon Apr 2024	86.40	82.00	86.40	82.00	1.829 times
28 Thu Mar 2024	84.00	94.00	96.40	83.05	2.561 times

Stock of Shanthala Fmcg (SHANTHALA_SM) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 80.9, for a target of 85 or 88.42

Share price targets for Shanthala Fmcg (SHANTHALA_SM)

Target Type	Value
Downside Target	72.30
Upside Target	80.05
Upside Target	82.00
Upside Target	85.75
Upside Target	88.00
Upside Target	91.00
Upside Target	91.65
Upside Target	96.40
Upside Target	107.75
Upside Target	111.00
Upside Target	117.50

Intraday share price targets for Shanthala Fmcg (SHANTHALA_SM)

Target Type	Value
Downside Intraday Target	71.82
Downside Intraday Target	65.33
Upside Intraday Target	85.27
Upside Intraday Target	92.23
Upside Intraday Target	78.78

Weekly technical analysis of Shanthala Fmcg (SHANTHALA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	78.30	85.75	85.75	72.30	15.333 times
18 Thu Apr 2024	88.00	88.00	88.00	88.00	1.5 times
12 Fri Apr 2024	88.00	88.00	88.00	88.00	0.087 times
05 Fri Apr 2024	89.10	82.00	91.65	82.00	0.404 times
28 Thu Mar 2024	84.00	90.00	96.40	82.95	6.333 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 Shanthala Fmcg (SHANTHALA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu May 2024	78.30	85.75	85.75	72.30	1.643 times
18 Thu Apr 2024	88.00	82.00	91.65	82.00	0.264 times
28 Thu Mar 2024	84.00	111.00	111.00	82.95	0.408 times
29 Thu Feb 2024	109.65	91.00	117.50	80.05	1.818 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 Shanthala Fmcg (SHANTHALA_SM)

Price action analysis of Shanthala Fmcg ( (SHANTHALA_SM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shanthala Fmcg ( (SHANTHALA_SM) ) based on a short to mid 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 Shanthala Fmcg ( (SHANTHALA_SM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Shanthala Fmcg stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shanthala Fmcg in short term and the sell signal is strong.

Shanthala Fmcg Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shanthala Fmcg in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Shanthala Fmcg is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 82.27 and Shanthala Fmcg (SHANTHALA_SM) 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 Shanthala Fmcg (SHANTHALA_SM) stock. Volume based technical analysis of Shanthala Fmcg (SHANTHALA_SM) stock is negative.

Shanthala Fmcg 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.