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

(UNICHEMLAB) Unichem Laboratories complete technical analysis [charts+indicators] | Buy/Sell Unichem Laboratories | (UNICHEMLAB) share price targets

Complete technical analysis of Unichem Laboratories (UNICHEMLAB) by charts plus indicators, forecast predictions and share price targets for Unichem Laboratories (UNICHEMLAB)

Unichem Laboratories trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-05-27 View latest technical analysis

10 day averaged volume of Unichem Laboratories is 58767

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	548.45	553.00	554.00	542.50	0.299 times
24 Fri May 2024	553.25	547.00	558.95	540.30	0.356 times
23 Thu May 2024	550.15	562.85	562.85	546.00	0.934 times
22 Wed May 2024	567.80	561.70	583.00	526.50	6.743 times
21 Tue May 2024	562.30	569.95	569.95	551.10	0.464 times
18 Sat May 2024	561.15	554.80	567.70	544.00	0.06 times
17 Fri May 2024	554.80	545.35	560.00	545.00	0.422 times
16 Thu May 2024	543.70	550.05	557.90	541.00	0.207 times
15 Wed May 2024	550.20	549.00	563.40	538.00	0.468 times
14 Tue May 2024	555.35	550.80	563.40	550.80	0.067 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 549, but if it comes above 549, then a intra day buy could be more profitable.
If you take a sell trade below 549, then use 549 as stoploss and 532.1 as target. However if you take a buy trade in stock , then use 549 as stoploss and 563.03 as target.

Share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Target	407.05
Downside Target	460.60
Downside Target	472.75
Downside Target	526.50
Downside Target	537.40
Upside Target	571.45
Upside Target	572.00
Upside Target	583.00
Upside Target	605.00
Upside Target	607.40
Upside Target	615.65

Intraday share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Intraday Target	542.63
Downside Intraday Target	536.82
Upside Intraday Target	554.13
Upside Intraday Target	559.82
Downside Intraday Target	548.32

Weekly technical analysis of Unichem Laboratories (UNICHEMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	548.45	553.00	554.00	542.50	0.035 times
24 Fri May 2024	553.25	569.95	583.00	526.50	5.656 times
18 Sat May 2024	561.15	567.75	571.45	538.00	0.565 times
10 Fri May 2024	567.65	600.35	615.65	549.95	1.157 times
03 Fri May 2024	600.35	602.00	605.00	562.20	0.774 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 Unichem Laboratories (UNICHEMLAB)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Mon May 2024	548.45	587.65	615.65	526.50	0.763 times
30 Tue Apr 2024	587.65	492.25	607.40	490.00	2.483 times
28 Thu Mar 2024	492.05	526.00	537.40	472.75	0.14 times
29 Thu Feb 2024	518.75	470.95	572.00	460.60	2.214 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 Unichem Laboratories (UNICHEMLAB)

Price action analysis of Unichem Laboratories ( (UNICHEMLAB) ) 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 Unichem Laboratories ( (UNICHEMLAB) ) 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 Unichem Laboratories ( (UNICHEMLAB) ) 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 Unichem Laboratories ( (UNICHEMLAB) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a SELL signal for Unichem Laboratories in short term but the sell signal is initial and weak.

Unichem Laboratories Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Unichem Laboratories 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Unichem Laboratories is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 562.81 and Unichem Laboratories (UNICHEMLAB) 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 Unichem Laboratories (UNICHEMLAB) stock. Volume based technical analysis of Unichem Laboratories (UNICHEMLAB) stock is negative.

Unichem Laboratories 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.