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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 2024-03-05 View latest technical analysis

10 day averaged volume of Shoppers Stop is 30952

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	738.50	719.95	742.30	715.55	3.502 times
04 Mon Mar 2024	720.60	742.95	742.95	712.75	2.53 times
02 Sat Mar 2024	737.80	748.00	748.00	730.05	0.063 times
01 Fri Mar 2024	742.50	737.10	749.80	733.70	0.859 times
29 Thu Feb 2024	741.60	737.40	745.00	730.90	1.658 times
28 Wed Feb 2024	734.90	743.30	752.25	730.00	0.976 times
27 Tue Feb 2024	735.40	746.00	746.00	730.00	0.792 times
26 Mon Feb 2024	739.85	737.40	747.20	731.45	1.162 times
23 Fri Feb 2024	733.95	735.00	742.15	727.10	0.41 times
22 Thu Feb 2024	734.25	740.00	744.70	725.00	0.695 times

Stock of Shoppers Stop (SHOPERSTOP) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 730.6 or till 718.4. Use a stoploss of 740.84 and if the stock hits stoploss, then it can shoot up till 751.03

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	622.25
Downside Target	656.70
Downside Target	702.00
Upside Target	742.95
Upside Target	749.80
Upside Target	752.25
Upside Target	763.55
Upside Target	767.00
Upside Target	772.00
Upside Target	803.00

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	719.85
Downside Intraday Target	701.2
Upside Intraday Target	750.05
Upside Intraday Target	761.6
Downside Intraday Target	731.4

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	738.50	742.95	742.95	712.75	1.095 times
02 Sat Mar 2024	737.80	737.40	752.25	730.00	1.013 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

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
05 Tue Mar 2024	738.50	737.10	749.80	712.75	0.111 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above 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 and the buying is gaining 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 734.86 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 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.