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(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 2024-05-29 View latest technical analysis

10 day averaged volume of Unichem Laboratories is 60494

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	550.15	550.00	554.50	530.80	0.293 times
28 Tue May 2024	543.65	544.00	551.20	539.50	0.331 times
27 Mon May 2024	548.45	553.00	554.00	542.50	0.291 times
24 Fri May 2024	553.25	547.00	558.95	540.30	0.346 times
23 Thu May 2024	550.15	562.85	562.85	546.00	0.908 times
22 Wed May 2024	567.80	561.70	583.00	526.50	6.551 times
21 Tue May 2024	562.30	569.95	569.95	551.10	0.451 times
18 Sat May 2024	561.15	554.80	567.70	544.00	0.058 times
17 Fri May 2024	554.80	545.35	560.00	545.00	0.41 times
16 Thu May 2024	543.70	550.05	557.90	541.00	0.201 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 546.4 as stoploss in an intra day buy trade for a target of 559.56. However, stock will show a bearish move below 546.4.

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	549.95
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	535.8
Downside Intraday Target	521.45
Upside Intraday Target	559.5
Upside Intraday Target	568.85
Downside Intraday Target	545.15

Weekly technical analysis of Unichem Laboratories (UNICHEMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	550.15	553.00	554.50	530.80	0.111 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
29 Wed May 2024	550.15	587.65	615.65	526.50	0.797 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 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 moving up

CCI has generated a buy signal for Unichem Laboratories in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 562.42 and Unichem Laboratories (UNICHEMLAB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.