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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 2024-08-13 View latest technical analysis

10 day averaged volume of Spandana Sphoorty is 240229

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	601.05	614.40	619.00	595.55	0.716 times
12 Mon Aug 2024	605.00	599.75	608.90	592.70	0.553 times
09 Fri Aug 2024	601.20	606.65	609.95	595.10	0.632 times
08 Thu Aug 2024	595.25	603.70	610.00	593.15	0.632 times
07 Wed Aug 2024	597.80	609.35	615.45	591.00	1.413 times
06 Tue Aug 2024	601.35	622.00	642.45	597.30	1.389 times
05 Mon Aug 2024	611.30	641.00	647.30	606.05	1.441 times
02 Fri Aug 2024	651.35	669.70	669.70	646.60	0.966 times
01 Thu Aug 2024	670.45	677.95	683.95	668.20	0.614 times
31 Wed Jul 2024	670.90	676.30	680.00	668.00	0.735 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 613.6, but if it comes above 613.6, then a intra day buy could be more profitable.
If you take a sell trade below 613.6, then use 613.6 as stoploss and 556.3 as target. However if you take a buy trade in stock , then use 613.6 as stoploss and 661.23 as target.

Share price targets for Spandana Sphoorty (SPANDANA)

Target Type	Value
Downside Target	591.00
Upside Target	619.00
Upside Target	642.00
Upside Target	678.05
Upside Target	710.00
Upside Target	741.70
Upside Target	750.00
Upside Target	820.00
Upside Target	838.00
Upside Target	890.00
Upside Target	935.60

Intraday share price targets for Spandana Sphoorty (SPANDANA)

Target Type	Value
Downside Intraday Target	589.5
Downside Intraday Target	577.95
Upside Intraday Target	615.8
Upside Intraday Target	630.55
Upside Intraday Target	604.25

Weekly technical analysis of Spandana Sphoorty (SPANDANA)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	601.05	599.75	619.00	592.70	0.23 times
09 Fri Aug 2024	601.20	641.00	647.30	591.00	0.597 times
02 Fri Aug 2024	651.35	690.00	690.00	642.00	3.255 times
26 Fri Jul 2024	701.50	714.60	722.70	688.40	1.717 times
19 Fri Jul 2024	711.10	741.70	741.70	710.00	0.606 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 Spandana Sphoorty (SPANDANA)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	601.05	677.95	683.95	591.00	0.461 times
31 Wed Jul 2024	670.90	711.40	750.00	642.00	0.675 times
28 Fri Jun 2024	706.35	820.00	820.00	678.05	2.903 times
31 Fri May 2024	756.35	890.00	890.00	750.00	0.75 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 Spandana Sphoorty (SPANDANA)

Price action analysis of Spandana Sphoorty ( (SPANDANA) ) 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 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 Strong 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 coming down

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

Stock of Spandana Sphoorty is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 617.74 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.