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(SHANTI) Shanti Overseas complete technical analysis [charts+indicators] | Buy/Sell Shanti Overseas | (SHANTI) share price targets

Complete technical analysis of Shanti Overseas (SHANTI) by charts plus indicators, forecast predictions and share price targets for Shanti Overseas (SHANTI)

Showing technical analysis as on 2024-10-22 View latest technical analysis

10 day averaged volume of Shanti Overseas is 41064

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	16.66	16.53	17.38	16.53	0.396 times
21 Mon Oct 2024	16.85	17.20	17.21	16.81	0.248 times
18 Fri Oct 2024	17.21	17.06	17.35	16.86	0.323 times
17 Thu Oct 2024	17.07	17.34	17.46	17.01	0.27 times
16 Wed Oct 2024	17.37	18.10	18.10	17.25	0.87 times
15 Tue Oct 2024	17.77	19.01	19.01	17.67	0.786 times
14 Mon Oct 2024	19.00	19.69	20.27	18.81	0.864 times
11 Fri Oct 2024	19.69	21.20	21.29	19.57	3.897 times
10 Thu Oct 2024	19.43	17.70	19.43	17.70	1.552 times
09 Wed Oct 2024	17.67	18.50	18.50	17.30	0.332 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17, but if it comes above 17, then a intra day buy could be more profitable.
If you take a sell trade below 17, then use 17 as stoploss and 15.7 as target. However if you take a buy trade in stock , then use 17 as stoploss and 18.06 as target.

Share price targets for Shanti Overseas (SHANTI)

Target Type	Value
Downside Target	15.00
Downside Target	16.51
Upside Target	17.38
Upside Target	18.10
Upside Target	20.27
Upside Target	21.00
Upside Target	21.29
Upside Target	21.55
Upside Target	28.05
Upside Target	34.40

Intraday share price targets for Shanti Overseas (SHANTI)

Target Type	Value
Downside Intraday Target	16.33
Downside Intraday Target	16.01
Upside Intraday Target	17.18
Upside Intraday Target	17.71
Upside Intraday Target	16.86

Weekly technical analysis of Shanti Overseas (SHANTI)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	16.66	17.20	17.38	16.53	0.207 times
18 Fri Oct 2024	17.21	19.69	20.27	16.86	0.4 times
11 Fri Oct 2024	19.69	17.12	21.29	16.90	2.149 times
04 Fri Oct 2024	17.60	18.00	18.18	16.51	0.102 times
27 Fri Sep 2024	17.63	16.90	21.00	16.56	15.454 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 Shanti Overseas (SHANTI)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	16.66	17.85	21.29	16.53	0.3 times
30 Mon Sep 2024	17.34	16.70	21.00	15.00	6.265 times
30 Fri Aug 2024	16.37	15.05	18.10	15.05	0.062 times
16 Fri Feb 2024	32.40	24.95	34.40	21.55	0.768 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 Shanti Overseas (SHANTI)

Price action analysis of Shanti Overseas ( (SHANTI) ) 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 Shanti Overseas ( (SHANTI) ) 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 Shanti Overseas ( (SHANTI) ) 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 Shanti Overseas stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Shanti Overseas in short term and the sell signal is strong.

Shanti Overseas 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 coming down

CCI has generated a SELL signal for Shanti Overseas 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shanti Overseas is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 18.79 and Shanti Overseas (SHANTI) 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 Shanti Overseas (SHANTI) stock. Volume based technical analysis of Shanti Overseas (SHANTI) stock is negative.

Shanti Overseas 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.