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

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

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Shanti Overseas is 45847

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	15.70	16.50	16.50	15.10	0.619 times
20 Wed Mar 2024	15.75	15.35	16.00	15.35	0.391 times
19 Tue Mar 2024	15.35	15.30	15.55	15.00	0.397 times
18 Mon Mar 2024	14.85	14.40	15.45	14.40	0.405 times
15 Fri Mar 2024	15.10	15.40	16.00	14.65	0.862 times
14 Thu Mar 2024	15.40	15.20	15.80	14.60	1.056 times
13 Wed Mar 2024	15.35	15.35	16.50	15.35	1.093 times
12 Tue Mar 2024	16.15	16.95	17.00	16.15	1.006 times
11 Mon Mar 2024	17.00	17.05	17.70	16.20	1.306 times
07 Thu Mar 2024	17.05	15.45	17.05	15.45	2.763 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 14.9 as stoploss in an intra day buy trade for a target of 18.22. However, stock will show a bearish move below 14.9.

Share price targets for Shanti Overseas (SHANTI_BE)

Target Type	Value
Downside Target	14.40
Downside Target	15.45
Upside Target	16.50
Upside Target	17.70
Upside Target	18.85
Upside Target	19.95
Upside Target	21.00
Upside Target	22.90
Upside Target	24.45
Upside Target	25.70
Upside Target	26.50
Upside Target	32.70
Upside Target	33.40

Intraday share price targets for Shanti Overseas (SHANTI_BE)

Target Type	Value
Downside Intraday Target	14.57
Downside Intraday Target	13.43
Upside Intraday Target	16.67
Upside Intraday Target	17.63
Downside Intraday Target	15.53

Weekly technical analysis of Shanti Overseas (SHANTI_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	15.70	14.40	16.50	14.40	0.341 times
15 Fri Mar 2024	15.10	17.05	17.70	14.60	0.929 times
07 Thu Mar 2024	17.05	18.00	18.85	15.45	1.301 times
02 Sat Mar 2024	18.95	24.45	24.45	18.95	0.578 times
23 Fri Feb 2024	25.70	31.95	33.40	25.70	50.39 times

Price has moved up 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	15.70	19.95	19.95	14.40	1.322 times
29 Thu Feb 2024	21.00	31.95	33.40	21.00	5.409 times
12 Mon Sep 2022	22.05	23.90	24.45	21.50	0.23 times
30 Tue Aug 2022	23.20	24.05	26.50	21.35	0.892 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_BE)

Price action analysis of Shanti Overseas ( (SHANTI_BE) ) based on a short 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.

Price action analysis of Shanti Overseas ( (SHANTI_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shanti Overseas ( (SHANTI_BE) ) 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_BE) ) 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 Shanti Overseas stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shanti Overseas 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Shanti Overseas in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 16.12 and Shanti Overseas (SHANTI_BE) 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_BE) stock. Volume based technical analysis of Shanti Overseas (SHANTI_BE) stock is negative.

Shanti Overseas 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.