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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 2024-09-27 View latest technical analysis

10 day averaged volume of Spandana Sphoorty is 215359

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	594.85	591.75	607.80	591.75	1.029 times
26 Thu Sep 2024	591.75	595.90	597.95	590.00	1.132 times
25 Wed Sep 2024	594.00	597.40	599.20	590.00	0.633 times
24 Tue Sep 2024	593.30	591.00	614.95	588.55	1.716 times
23 Mon Sep 2024	592.30	603.55	606.15	587.50	1.556 times
20 Fri Sep 2024	603.55	598.90	607.70	597.90	0.531 times
19 Thu Sep 2024	597.95	609.60	611.45	594.00	0.642 times
18 Wed Sep 2024	605.40	608.00	616.00	602.60	0.499 times
17 Tue Sep 2024	608.20	604.70	611.45	600.90	0.644 times
16 Mon Sep 2024	601.15	600.40	618.80	600.00	1.254 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 595.9, but if it comes above 595.9, then a intra day buy could be more profitable.
If you take a sell trade below 595.9, then use 595.9 as stoploss and 586.4 as target. However if you take a buy trade in stock , then use 595.9 as stoploss and 603.87 as target.

Share price targets for Spandana Sphoorty (SPANDANA)

Target Type	Value
Downside Target	586.35
Upside Target	636.00
Upside Target	636.30
Upside Target	642.00
Upside Target	678.05
Upside Target	683.95
Upside Target	750.00
Upside Target	820.00
Upside Target	890.00

Intraday share price targets for Spandana Sphoorty (SPANDANA)

Target Type	Value
Downside Intraday Target	583.25
Downside Intraday Target	571.65
Upside Intraday Target	610.7
Upside Intraday Target	626.55
Upside Intraday Target	599.1

Weekly technical analysis of Spandana Sphoorty (SPANDANA)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	594.85	603.55	614.95	587.50	1.699 times
20 Fri Sep 2024	603.55	600.40	618.80	594.00	1.042 times
13 Fri Sep 2024	600.15	614.70	621.20	597.00	1.108 times
06 Fri Sep 2024	612.50	633.30	636.30	607.95	0.95 times
30 Fri Aug 2024	628.90	616.30	636.00	614.00	0.479 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
27 Fri Sep 2024	594.85	633.30	636.30	587.50	0.773 times
30 Fri Aug 2024	628.90	677.95	683.95	586.35	1.033 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

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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Spandana Sphoorty 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.

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 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 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 596.69 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.