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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 2024-03-01 View latest technical analysis

10 day averaged volume of Shoppers Stop is 34381

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	742.50	737.10	749.80	733.70	0.773 times
29 Thu Feb 2024	741.60	737.40	745.00	730.90	1.492 times
28 Wed Feb 2024	734.90	743.30	752.25	730.00	0.878 times
27 Tue Feb 2024	735.40	746.00	746.00	730.00	0.713 times
26 Mon Feb 2024	739.85	737.40	747.20	731.45	1.046 times
23 Fri Feb 2024	733.95	735.00	742.15	727.10	0.369 times
22 Thu Feb 2024	734.25	740.00	744.70	725.00	0.626 times
21 Wed Feb 2024	742.00	755.10	766.95	732.75	0.77 times
20 Tue Feb 2024	760.45	761.40	766.75	752.60	0.721 times
19 Mon Feb 2024	761.30	745.25	772.00	745.25	2.408 times

My analysis of stock is bearish for shortterm, and stock might move down till 733.4 or till 719.7. Use a stoploss of 744.75 and if the stock hits stoploss, then it can shoot up till 756.12

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	622.25
Downside Target	656.70
Downside Target	699.60
Downside Target	721.95
Upside Target	749.80
Upside Target	752.25
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	730.92
Downside Intraday Target	719.33
Upside Intraday Target	753.17
Upside Intraday Target	763.83
Downside Intraday Target	741.58

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	742.50	737.40	752.25	730.00	1.002 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
01 Fri Mar 2024	742.50	737.10	749.80	733.70	0.014 times
29 Thu Feb 2024	741.60	757.10	803.00	705.00	0.373 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

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 Shoppers Stop (SHOPERSTOP)

Price action analysis of Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop ( (SHOPERSTOP) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is gaining 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 getting stronger in this stock.

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 positive zone. This is a BUY zone

Stock of Shoppers Stop is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 745.94 and Shoppers Stop (SHOPERSTOP) 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 Shoppers Stop (SHOPERSTOP) stock. Volume based technical analysis of Shoppers Stop (SHOPERSTOP) stock is negative.

Shoppers Stop 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.