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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 2024-08-16 View latest technical analysis

10 day averaged volume of Spandana Sphoorty is 215665

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	588.00	590.00	598.95	586.60	0.83 times
14 Wed Aug 2024	588.15	601.90	601.90	586.35	0.693 times
13 Tue Aug 2024	601.05	614.40	619.00	595.55	0.798 times
12 Mon Aug 2024	605.00	599.75	608.90	592.70	0.616 times
09 Fri Aug 2024	601.20	606.65	609.95	595.10	0.704 times
08 Thu Aug 2024	595.25	603.70	610.00	593.15	0.704 times
07 Wed Aug 2024	597.80	609.35	615.45	591.00	1.574 times
06 Tue Aug 2024	601.35	622.00	642.45	597.30	1.547 times
05 Mon Aug 2024	611.30	641.00	647.30	606.05	1.605 times
02 Fri Aug 2024	651.35	669.70	669.70	646.60	1.077 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 600.7, but if it comes above 600.7, then a intra day buy could be more profitable.
If you take a sell trade below 600.7, then use 600.7 as stoploss and 544.8 as target. However if you take a buy trade in stock , then use 600.7 as stoploss and 647.26 as target.

Share price targets for Spandana Sphoorty (SPANDANA)

Target Type	Value
Downside Target	586.35
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	576.57
Downside Intraday Target	565.13
Upside Intraday Target	609.22
Upside Intraday Target	630.43
Upside Intraday Target	597.78

Weekly technical analysis of Spandana Sphoorty (SPANDANA)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	588.00	599.75	619.00	586.35	0.479 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
16 Fri Aug 2024	588.00	677.95	683.95	586.35	0.536 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 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 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 gaining momentum.

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

Spandana Sphoorty 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 Spandana Sphoorty in short term and SELL signal is strong!

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 605.45 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.