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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 2024-04-18 View latest technical analysis

10 day averaged volume of Shanti Overseas is 11910

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	15.55	15.85	15.85	15.55	0.283 times
16 Tue Apr 2024	15.85	15.90	15.90	15.80	0.27 times
15 Mon Apr 2024	15.90	16.10	16.10	15.90	0.161 times
12 Fri Apr 2024	16.10	16.40	16.40	16.10	0.771 times
10 Wed Apr 2024	16.40	16.70	16.70	16.40	0.368 times
09 Tue Apr 2024	16.70	16.70	16.70	16.70	0.482 times
08 Mon Apr 2024	17.05	17.50	17.50	16.35	1.774 times
05 Fri Apr 2024	17.15	17.00	17.30	17.00	1.611 times
04 Thu Apr 2024	16.90	17.00	17.40	16.00	1.735 times
03 Wed Apr 2024	16.60	15.95	16.70	15.95	1.837 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 15.2 as stoploss in an intra day buy trade for a target of 15.93. However, stock will show a bearish move below 15.2.

Share price targets for Shanti Overseas (SHANTI_BE)

Target Type	Value
Downside Target	14.40
Downside Target	15.55
Upside Target	15.90
Upside Target	16.50
Upside Target	17.40
Upside Target	19.95
Upside Target	21.00
Upside Target	21.35
Upside Target	21.50
Upside Target	24.45
Upside Target	26.50
Upside Target	33.40

Intraday share price targets for Shanti Overseas (SHANTI_BE)

Target Type	Value
Downside Intraday Target	15.37
Downside Intraday Target	15.18
Upside Intraday Target	15.92
Upside Intraday Target	16.28
Upside Intraday Target	15.73

Weekly technical analysis of Shanti Overseas (SHANTI_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	15.55	16.10	16.10	15.55	0.21 times
12 Fri Apr 2024	16.10	17.50	17.50	16.10	0.429 times
05 Fri Apr 2024	17.15	14.70	17.40	14.70	1.204 times
28 Thu Mar 2024	14.70	15.90	15.90	14.55	0.793 times
22 Fri Mar 2024	15.90	14.40	16.50	14.40	0.404 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	15.55	14.70	17.50	14.70	0.193 times
28 Thu Mar 2024	14.70	19.95	19.95	14.40	1.512 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

Scroll below to view daily charts

Price has moved up 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 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 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 gaining momentum.

MACD generated a BUY signal for Shanti Overseas in short term but the buy signal is initial and weak.

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 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 16.73 and Shanti Overseas (SHANTI_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.