Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-10 View latest technical analysis

10 day averaged volume of Shoppers Stop is 84219

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	743.85	755.60	755.60	738.40	4.561 times
09 Tue Apr 2024	751.60	765.00	765.00	744.70	0.316 times
08 Mon Apr 2024	761.10	767.20	775.00	757.60	0.528 times
05 Fri Apr 2024	759.00	759.00	773.05	748.90	1.02 times
04 Thu Apr 2024	759.35	771.55	782.95	754.10	0.627 times
03 Wed Apr 2024	774.65	767.70	807.00	765.60	0.746 times
02 Tue Apr 2024	772.30	778.30	779.50	765.50	0.558 times
01 Mon Apr 2024	778.30	755.00	782.00	747.05	0.701 times
28 Thu Mar 2024	755.00	764.60	767.65	733.05	2.637 times
27 Wed Mar 2024	773.95	771.00	807.00	750.60	2.329 times

Stock of Shoppers Stop (SHOPERSTOP) has showed a significant fall. This could be a good time to exit from this stock.

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 740.4 as stoploss in an intra day buy trade for a target of 758.94. However, stock will show a bearish move below 740.4.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	656.70
Downside Target	702.75
Downside Target	720.95
Upside Target	767.00
Upside Target	775.00
Upside Target	788.50
Upside Target	791.35
Upside Target	803.00
Upside Target	807.00

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	729.83
Downside Intraday Target	715.82
Upside Intraday Target	766.43
Upside Intraday Target	789.02
Upside Intraday Target	752.42

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	743.85	767.20	775.00	738.40	1.48 times
05 Fri Apr 2024	759.00	755.00	807.00	747.05	0.663 times
28 Thu Mar 2024	755.00	749.00	807.00	733.05	0.917 times
22 Fri Mar 2024	754.55	728.35	791.35	720.95	0.716 times
15 Fri Mar 2024	724.25	756.00	788.50	702.75	2.5 times

Price has moved down 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
10 Wed Apr 2024	743.85	755.00	807.00	738.40	0.384 times
28 Thu Mar 2024	755.00	737.10	807.00	702.75	1.025 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

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 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 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 BUY. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a SELL signal for Shoppers Stop in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 758.06 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.