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 2024-04-12 View latest technical analysis

10 day averaged volume of Shoppers Stop is 118087

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	729.65	747.80	747.80	721.00	0.598 times
10 Wed Apr 2024	743.85	755.60	755.60	738.40	3.253 times
09 Tue Apr 2024	751.60	765.00	765.00	744.70	0.225 times
08 Mon Apr 2024	761.10	767.20	775.00	757.60	0.376 times
05 Fri Apr 2024	759.00	759.00	773.05	748.90	0.727 times
04 Thu Apr 2024	759.35	771.55	782.95	754.10	0.447 times
03 Wed Apr 2024	774.65	767.70	807.00	765.60	0.532 times
02 Tue Apr 2024	772.30	778.30	779.50	765.50	0.398 times
01 Mon Apr 2024	778.30	755.00	782.00	747.05	0.5 times
28 Thu Mar 2024	755.00	764.60	767.65	733.05	1.881 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 737.6, but if it comes above 737.6, then a intra day buy could be more profitable.
If you take a sell trade below 737.6, then use 737.6 as stoploss and 714.3 as target. However if you take a buy trade in stock , then use 737.6 as stoploss and 756.93 as target.

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	708.77
Downside Intraday Target	687.88
Upside Intraday Target	762.77
Upside Intraday Target	795.88
Upside Intraday Target	741.88

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	729.65	767.20	775.00	721.00	1.71 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, 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
12 Fri Apr 2024	729.65	755.00	807.00	721.00	0.419 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 to mid 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 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 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 red color and prices are below the red 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 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 753.2 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.