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(SHOPERSTOP) Shoppers Stop complete technical analysis [charts+indicators] | Buy/Sell Shoppers Stop | (SHOPERSTOP) share price targets

Complete technical analysis of Shoppers Stop (SHOPERSTOP) by charts plus indicators, forecast predictions and share price targets for Shoppers Stop (SHOPERSTOP)

Shoppers Stop trades in NSE in Department Stores sector.

Showing technical analysis as on 2024-02-26 View latest technical analysis

10 day averaged volume of Shoppers Stop is 79978

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	739.85	737.40	747.20	731.45	0.45 times
23 Fri Feb 2024	733.95	735.00	742.15	727.10	0.159 times
22 Thu Feb 2024	734.25	740.00	744.70	725.00	0.269 times
21 Wed Feb 2024	742.00	755.10	766.95	732.75	0.331 times
20 Tue Feb 2024	760.45	761.40	766.75	752.60	0.31 times
19 Mon Feb 2024	761.30	745.25	772.00	745.25	1.035 times
16 Fri Feb 2024	745.20	730.20	747.50	730.20	0.42 times
15 Thu Feb 2024	734.40	749.55	749.55	726.60	0.295 times
14 Wed Feb 2024	738.75	716.10	747.00	713.00	0.458 times
13 Tue Feb 2024	730.85	725.00	746.40	705.00	4.104 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 736 as stoploss in an intra day buy trade for a target of 747.01. However, stock will show a bearish move below 736.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	616.00
Downside Target	656.70
Downside Target	699.60
Downside Target	721.95
Upside Target	740.10
Upside Target	747.20
Upside Target	763.55
Upside Target	767.00
Upside Target	769.00
Upside Target	772.00
Upside Target	803.00

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	731.8
Downside Intraday Target	723.75
Upside Intraday Target	747.55
Upside Intraday Target	755.25
Downside Intraday Target	739.5

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	739.85	737.40	747.20	731.45	0.214 times
23 Fri Feb 2024	733.95	745.25	772.00	725.00	0.266 times
16 Fri Feb 2024	745.20	749.80	763.55	705.00	1.048 times
09 Fri Feb 2024	749.40	750.05	803.00	740.10	0.274 times
02 Fri Feb 2024	750.05	707.00	769.00	699.60	2.722 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 Shoppers Stop (SHOPERSTOP)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	739.85	757.10	803.00	705.00	0.353 times
31 Wed Jan 2024	754.10	691.00	767.00	667.40	2.597 times
29 Fri Dec 2023	691.00	686.40	721.95	656.70	1.525 times
30 Thu Nov 2023	686.40	640.10	702.00	622.25	0.958 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 Shoppers Stop (SHOPERSTOP)

Price action analysis of Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shoppers Stop in short term but the sell signal is initial and weak.

Shoppers Stop 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Shoppers Stop in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Shoppers Stop is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 738.58 and Shoppers Stop (SHOPERSTOP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Shoppers Stop (SHOPERSTOP) stock. Volume based technical analysis of Shoppers Stop (SHOPERSTOP) stock is negative.

Shoppers Stop Stock is giving positive 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.