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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 2024-06-19 View latest technical analysis

10 day averaged volume of Unichem Laboratories is 17380

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	538.10	539.70	546.20	534.00	0.491 times
18 Tue Jun 2024	539.55	558.50	561.00	536.00	1.703 times
14 Fri Jun 2024	550.25	550.15	553.00	543.00	1.387 times
13 Thu Jun 2024	549.55	550.90	552.05	546.10	0.695 times
12 Wed Jun 2024	550.80	549.00	555.95	543.35	0.393 times
11 Tue Jun 2024	548.80	547.65	551.50	538.05	0.703 times
10 Mon Jun 2024	547.95	545.50	552.05	536.50	1.424 times
07 Fri Jun 2024	545.30	533.00	549.00	528.20	1.084 times
06 Thu Jun 2024	530.30	522.00	534.35	514.90	0.395 times
05 Wed Jun 2024	522.30	524.95	524.95	505.40	0.547 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 532.9 as stoploss in an intra day buy trade for a target of 543.9. However, stock will show a bearish move below 532.9.

Share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Target	460.60
Downside Target	472.75
Downside Target	490.00
Downside Target	501.00
Downside Target	526.50
Upside Target	552.00
Upside Target	555.95
Upside Target	561.00
Upside Target	572.00
Upside Target	583.00
Upside Target	607.40
Upside Target	615.65

Intraday share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Intraday Target	527.73
Downside Intraday Target	517.37
Upside Intraday Target	554.73
Upside Intraday Target	571.37
Upside Intraday Target	544.37

Weekly technical analysis of Unichem Laboratories (UNICHEMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	538.10	558.50	561.00	534.00	0.477 times
14 Fri Jun 2024	550.25	545.50	555.95	536.50	0.923 times
07 Fri Jun 2024	545.30	550.00	552.00	501.00	0.96 times
31 Fri May 2024	542.75	553.00	554.50	529.05	0.181 times
24 Fri May 2024	553.25	569.95	583.00	526.50	5.656 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
19 Wed Jun 2024	538.10	550.00	561.00	501.00	0.222 times
31 Fri May 2024	542.75	587.65	615.65	526.50	0.828 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

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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Unichem Laboratories ( (UNICHEMLAB) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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

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

Unichem Laboratories Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 543.76 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 is giving positive 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.