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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 2024-03-19 View latest technical analysis

10 day averaged volume of Shoppers Stop is 119553

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	776.55	756.30	791.35	752.20	1.29 times
18 Mon Mar 2024	767.75	728.35	772.65	720.95	1.727 times
15 Fri Mar 2024	724.25	717.50	740.40	709.55	1.99 times
14 Thu Mar 2024	721.75	713.55	734.95	703.95	0.248 times
13 Wed Mar 2024	716.90	770.00	781.50	702.75	0.583 times
12 Tue Mar 2024	770.00	770.00	778.95	735.60	0.733 times
11 Mon Mar 2024	770.00	756.00	788.50	756.00	2.355 times
07 Thu Mar 2024	752.25	727.75	762.10	726.00	0.525 times
06 Wed Mar 2024	725.95	738.95	741.55	717.00	0.277 times
05 Tue Mar 2024	738.50	719.95	742.30	715.55	0.907 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 779, for a target of 758.4 or 741.34

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	622.25
Downside Target	656.70
Downside Target	702.00
Downside Target	752.25
Downside Target	762.10
Downside Target	767.00
Downside Target	772.00
Upside Target	788.50
Upside Target	791.35
Upside Target	803.00

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	734.55
Downside Intraday Target	692.55
Upside Intraday Target	804.95
Upside Intraday Target	833.35
Downside Intraday Target	762.95

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	776.55	728.35	791.35	720.95	0.511 times
15 Fri Mar 2024	724.25	756.00	788.50	702.75	2.5 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

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
19 Tue Mar 2024	776.55	737.10	791.35	702.75	0.711 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 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 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 to mid 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Shoppers Stop in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 753.13 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.