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(SPANDANA) Spandana Sphoorty complete technical analysis [charts+indicators] | Buy/Sell Spandana Sphoorty | (SPANDANA) share price targets

Complete technical analysis of Spandana Sphoorty (SPANDANA) by charts plus indicators, forecast predictions and share price targets for Spandana Sphoorty (SPANDANA)

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Spandana Sphoorty is 227936

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	937.80	923.00	961.00	913.00	0.061 times
01 Fri Mar 2024	915.40	920.00	932.00	905.30	2.075 times
29 Thu Feb 2024	915.65	940.95	941.35	903.75	1.234 times
28 Wed Feb 2024	936.70	971.65	974.10	933.00	0.392 times
27 Tue Feb 2024	966.80	982.00	987.20	960.00	0.748 times
26 Mon Feb 2024	970.10	983.00	989.80	953.00	2.221 times
23 Fri Feb 2024	964.00	965.00	972.00	957.70	0.557 times
22 Thu Feb 2024	958.00	998.95	998.95	947.30	0.916 times
21 Wed Feb 2024	993.95	1014.00	1014.00	982.55	0.985 times
20 Tue Feb 2024	995.65	1009.00	1014.85	992.00	0.466 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 939.9, but if it comes above 939.9, then a intra day buy could be more profitable.
If you take a sell trade below 939.9, then use 939.9 as stoploss and 911.5 as target. However if you take a buy trade in stock , then use 939.9 as stoploss and 963.53 as target.

Share price targets for Spandana Sphoorty (SPANDANA)

Target Type	Value
Downside Target	862.35
Downside Target	903.75
Downside Target	932.95
Upside Target	1008.00
Upside Target	1014.85
Upside Target	1032.15
Upside Target	1063.30
Upside Target	1069.00
Upside Target	1135.55
Upside Target	1243.20

Intraday share price targets for Spandana Sphoorty (SPANDANA)

Target Type	Value
Downside Intraday Target	897.77
Downside Intraday Target	857.73
Upside Intraday Target	983.82
Upside Intraday Target	1029.83
Upside Intraday Target	943.78

Weekly technical analysis of Spandana Sphoorty (SPANDANA)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	937.80	983.00	989.80	903.75	2.021 times
23 Fri Feb 2024	964.00	996.05	1014.85	947.30	1.495 times
16 Fri Feb 2024	991.10	971.15	1002.00	932.95	0.648 times
09 Fri Feb 2024	962.85	1032.15	1032.15	938.40	0.837 times
02 Fri Feb 2024	1016.90	1045.00	1069.00	990.00	1.097 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 Spandana Sphoorty (SPANDANA)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	937.80	920.00	961.00	905.30	0.139 times
29 Thu Feb 2024	915.65	1069.00	1069.00	903.75	0.779 times
31 Wed Jan 2024	1046.10	1128.70	1243.20	1008.00	1.056 times
29 Fri Dec 2023	1128.70	1039.50	1135.55	971.70	0.865 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 Spandana Sphoorty (SPANDANA)

Price action analysis of Spandana Sphoorty ( (SPANDANA) ) 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 Spandana Sphoorty ( (SPANDANA) ) 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 Spandana Sphoorty ( (SPANDANA) ) 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 Spandana Sphoorty stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Spandana Sphoorty in short term and the sell signal is strong.

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

Spandana Sphoorty Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Spandana Sphoorty in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 Spandana Sphoorty is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 951.74 and Spandana Sphoorty (SPANDANA) 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 Spandana Sphoorty (SPANDANA) stock. Volume based technical analysis of Spandana Sphoorty (SPANDANA) stock is negative.

Spandana Sphoorty 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.