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 2024-08-02 View latest technical analysis

10 day averaged volume of Shanthala Fmcg is 5040

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	58.00	53.60	62.50	53.60	5.476 times
01 Thu Aug 2024	63.40	64.70	65.00	63.00	3.095 times
30 Tue Jul 2024	70.90	70.90	70.90	70.90	0.238 times
29 Mon Jul 2024	69.00	67.80	69.50	67.80	1.905 times
26 Fri Jul 2024	65.35	64.35	66.40	64.35	0.714 times
25 Thu Jul 2024	64.90	64.80	65.00	64.75	1.19 times
23 Tue Jul 2024	67.10	65.55	67.10	65.55	0.714 times
22 Mon Jul 2024	68.55	68.55	68.55	68.55	0.238 times
19 Fri Jul 2024	68.00	67.20	68.50	67.20	0.952 times
16 Tue Jul 2024	73.20	73.20	73.20	73.20	0.238 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 60.2, for a target of 65.2 or 69.43

Share price targets for Shanthala Fmcg (SHANTHALA_SM)

Target Type	Value
Downside Target	53.60
Downside Target	58.00
Upside Target	60.00
Upside Target	64.35
Upside Target	67.10
Upside Target	70.90
Upside Target	73.20
Upside Target	77.15
Upside Target	79.90
Upside Target	82.00
Upside Target	85.75
Upside Target	91.65

Intraday share price targets for Shanthala Fmcg (SHANTHALA_SM)

Target Type	Value
Downside Intraday Target	50.77
Downside Intraday Target	43.53
Upside Intraday Target	68.07
Upside Intraday Target	78.13
Upside Intraday Target	60.83

Weekly technical analysis of Shanthala Fmcg (SHANTHALA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	58.00	67.80	70.90	53.60	3.75 times
26 Fri Jul 2024	65.35	68.55	68.55	64.35	1.5 times
19 Fri Jul 2024	68.00	69.30	73.20	67.20	0.296 times
12 Fri Jul 2024	69.30	70.00	79.90	68.05	1.227 times
05 Fri Jul 2024	71.20	76.00	77.15	67.10	2.444 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 Fri Aug 2024	58.00	64.70	65.00	53.60	0.462 times
30 Tue Jul 2024	70.90	76.00	79.90	64.35	0.729 times
28 Fri Jun 2024	71.50	67.40	74.60	58.00	0.728 times
31 Fri May 2024	65.75	85.75	85.75	60.00	5.25 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 Shanthala Fmcg (SHANTHALA_SM)

Price action analysis of Shanthala Fmcg ( (SHANTHALA_SM) ) 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 Shanthala Fmcg ( (SHANTHALA_SM) ) 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 Shanthala Fmcg ( (SHANTHALA_SM) ) 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 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 63.17 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.