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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 2024-03-14 View latest technical analysis

10 day averaged volume of Shoppers Stop is 80134

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	721.75	713.55	734.95	703.95	0.369 times
13 Wed Mar 2024	716.90	770.00	781.50	702.75	0.87 times
12 Tue Mar 2024	770.00	770.00	778.95	735.60	1.094 times
11 Mon Mar 2024	770.00	756.00	788.50	756.00	3.513 times
07 Thu Mar 2024	752.25	727.75	762.10	726.00	0.783 times
06 Wed Mar 2024	725.95	738.95	741.55	717.00	0.413 times
05 Tue Mar 2024	738.50	719.95	742.30	715.55	1.353 times
04 Mon Mar 2024	720.60	742.95	742.95	712.75	0.977 times
02 Sat Mar 2024	737.80	748.00	748.00	730.05	0.024 times
01 Fri Mar 2024	742.50	737.10	749.80	733.70	0.332 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 726.4, but if it comes above 726.4, then a intra day buy could be more profitable.
If you take a sell trade below 726.4, then use 726.4 as stoploss and 708.6 as target. However if you take a buy trade in stock , then use 726.4 as stoploss and 741.26 as target.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	622.25
Downside Target	656.70
Downside Target	702.00
Upside Target	752.25
Upside Target	762.10
Upside Target	763.55
Upside Target	767.00
Upside Target	772.00
Upside Target	788.50
Upside Target	803.00

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	686.83
Downside Intraday Target	651.92
Upside Intraday Target	772.58
Upside Intraday Target	823.42
Upside Intraday Target	737.67

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	721.75	756.00	788.50	702.75	1.658 times
07 Thu Mar 2024	752.25	742.95	762.10	712.75	1.657 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	721.75	737.10	788.50	702.75	0.402 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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shoppers Stop ( (SHOPERSTOP) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 SELL signal for Shoppers Stop in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 749.76 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.