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(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 2024-08-09 View latest technical analysis

10 day averaged volume of Shanthala Fmcg is 8400

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	57.00	56.50	58.05	56.50	0.571 times
08 Thu Aug 2024	56.50	56.50	56.50	56.50	0.286 times
07 Wed Aug 2024	54.50	55.00	55.10	53.00	1.286 times
06 Tue Aug 2024	58.00	57.90	58.00	57.90	0.286 times
05 Mon Aug 2024	54.95	55.30	55.30	54.65	0.571 times
02 Fri Aug 2024	58.00	53.60	62.50	53.60	3.286 times
01 Thu Aug 2024	63.40	64.70	65.00	63.00	1.857 times
30 Tue Jul 2024	70.90	70.90	70.90	70.90	0.143 times
29 Mon Jul 2024	69.00	67.80	69.50	67.80	1.143 times
26 Fri Jul 2024	65.35	64.35	66.40	64.35	0.429 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.9, but if it comes above 58.9, then a intra day buy could be more profitable.
If you take a sell trade below 58.9, then use 58.9 as stoploss and 50.9 as target. However if you take a buy trade in stock , then use 58.9 as stoploss and 65.56 as target.

Share price targets for Shanthala Fmcg (SHANTHALA_SM)

Target Type	Value
Downside Target	53.00
Upside Target	58.00
Upside Target	60.00
Upside Target	64.35
Upside Target	67.20
Upside Target	70.90
Upside Target	73.20
Upside Target	74.60
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	53.98
Downside Intraday Target	50.97
Upside Intraday Target	59.03
Upside Intraday Target	61.07
Downside Intraday Target	56.02

Weekly technical analysis of Shanthala Fmcg (SHANTHALA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	57.00	55.30	58.05	53.00	0.467 times
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

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 Shanthala Fmcg (SHANTHALA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	57.00	64.70	65.00	53.00	0.731 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shanthala Fmcg ( (SHANTHALA_SM) ) 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 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 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 losing momentum.

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

Shanthala Fmcg 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shanthala Fmcg 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

Although the stock is in the BUY zone, but buying 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 60.06 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.