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

(SHUBHLAXMI_SM) Shubhlaxmi Jewel complete technical analysis [charts+indicators] | Buy/Sell Shubhlaxmi Jewel | (SHUBHLAXMI_SM) share price targets

Complete technical analysis of Shubhlaxmi Jewel (SHUBHLAXMI_SM) by charts plus indicators, forecast predictions and share price targets for Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Showing technical analysis as on 2024-06-25 View latest technical analysis

10 day averaged volume of Shubhlaxmi Jewel is 82700

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	32.15	32.25	32.40	31.55	0.326 times
24 Mon Jun 2024	32.00	32.00	32.10	32.00	0.048 times
21 Fri Jun 2024	33.10	33.55	33.55	32.00	0.157 times
20 Thu Jun 2024	33.30	31.25	34.30	31.25	0.411 times
19 Wed Jun 2024	32.75	35.10	35.10	32.75	0.738 times
18 Tue Jun 2024	34.45	33.90	35.30	32.20	1.125 times
14 Fri Jun 2024	33.90	36.50	36.50	33.90	1.306 times
13 Thu Jun 2024	35.65	33.10	36.50	33.10	4.305 times
12 Wed Jun 2024	34.80	35.00	35.00	34.80	0.121 times
11 Tue Jun 2024	36.60	38.50	38.50	36.60	1.112 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 33.6, but if it comes above 33.6, then a intra day buy could be more profitable.
If you take a sell trade below 33.6, then use 33.6 as stoploss and 29 as target. However if you take a buy trade in stock , then use 33.6 as stoploss and 37.55 as target.

Share price targets for Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Target Type	Value
Downside Target	31.25
Upside Target	32.40
Upside Target	33.10
Upside Target	35.30
Upside Target	38.55
Upside Target	42.80
Upside Target	44.40
Upside Target	67.55
Upside Target	70.00
Upside Target	75.00
Upside Target	76.30
Upside Target	88.45
Upside Target	89.50
Upside Target	90.00

Intraday share price targets for Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Target Type	Value
Downside Intraday Target	31.67
Downside Intraday Target	31.18
Upside Intraday Target	32.52
Upside Intraday Target	32.88
Downside Intraday Target	32.03

Weekly technical analysis of Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	32.15	32.00	32.40	31.55	0.154 times
21 Fri Jun 2024	33.10	33.90	35.30	31.25	0.323 times
14 Fri Jun 2024	33.90	39.15	39.15	33.10	1.583 times
07 Fri Jun 2024	40.50	42.35	42.80	38.55	0.899 times
31 Fri May 2024	42.35	41.55	44.40	40.00	8.74 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 Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	32.15	42.35	42.80	31.25	1.274 times
31 Fri May 2024	42.35	74.00	75.00	39.25	2.337 times
30 Tue Apr 2024	77.80	81.55	88.45	70.00	1.117 times
28 Thu Mar 2024	83.20	85.00	90.00	67.55	1.55 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 Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Price action analysis of Shubhlaxmi Jewel ( (SHUBHLAXMI_SM) ) 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 Shubhlaxmi Jewel ( (SHUBHLAXMI_SM) ) 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 Shubhlaxmi Jewel ( (SHUBHLAXMI_SM) ) based on a mid to longer 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.

ADX buy sell signal for Shubhlaxmi Jewel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shubhlaxmi Jewel in short term but the buy signal is initial and weak.

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

Shubhlaxmi Jewel 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 moving up

CCI has generated a SELL signal for Shubhlaxmi Jewel in short term

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 Shubhlaxmi Jewel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 34.87 and Shubhlaxmi Jewel (SHUBHLAXMI_SM) 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 Shubhlaxmi Jewel (SHUBHLAXMI_SM) stock. Volume based technical analysis of Shubhlaxmi Jewel (SHUBHLAXMI_SM) stock is negative.

Shubhlaxmi Jewel 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.