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(ZENITHDRUG_SM) Zenith Drugs complete technical analysis [charts+indicators] | Buy/Sell Zenith Drugs | (ZENITHDRUG_SM) share price targets

Complete technical analysis of Zenith Drugs (ZENITHDRUG_SM) by charts plus indicators, forecast predictions and share price targets for Zenith Drugs (ZENITHDRUG_SM)

Showing technical analysis as on 2024-07-01 View latest technical analysis

10 day averaged volume of Zenith Drugs is 40480

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	63.50	63.20	64.60	63.20	0.514 times
28 Fri Jun 2024	63.00	64.90	64.90	62.55	0.553 times
27 Thu Jun 2024	63.40	63.35	64.25	63.35	0.632 times
26 Wed Jun 2024	63.15	64.05	64.05	63.05	0.514 times
25 Tue Jun 2024	63.00	63.80	63.80	62.85	0.514 times
24 Mon Jun 2024	62.65	63.05	63.80	62.20	0.87 times
21 Fri Jun 2024	63.00	64.20	64.20	62.05	1.067 times
20 Thu Jun 2024	63.45	63.40	64.15	63.20	0.751 times
19 Wed Jun 2024	63.25	63.90	65.80	63.05	1.067 times
18 Tue Jun 2024	63.40	66.85	67.00	62.90	2.767 times

My analysis of stock is bearish for shortterm, and stock might move down till 62.4 or till 60.8. Use a stoploss of 63.73 and if the stock hits stoploss, then it can shoot up till 65.07

Share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Target	52.80
Downside Target	54.20
Downside Target	59.30
Downside Target	62.05
Upside Target	64.90
Upside Target	67.00
Upside Target	67.60
Upside Target	68.00
Upside Target	75.20
Upside Target	78.50
Upside Target	81.00

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Intraday Target	62.93
Downside Intraday Target	62.37
Upside Intraday Target	64.33
Upside Intraday Target	65.17
Upside Intraday Target	63.77

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	63.50	63.20	64.60	63.20	0.167 times
28 Fri Jun 2024	63.00	63.05	64.90	62.20	0.545 times
21 Fri Jun 2024	63.00	66.85	67.00	62.05	1.444 times
14 Fri Jun 2024	66.75	66.10	67.60	63.50	0.75 times
07 Fri Jun 2024	64.60	67.00	68.00	55.20	0.475 times

Price has moved up 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 Zenith Drugs (ZENITHDRUG_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	63.50	63.20	64.60	63.20	0.029 times
28 Fri Jun 2024	63.00	67.00	68.00	55.20	0.36 times
31 Fri May 2024	63.75	64.20	81.00	59.30	1.053 times
30 Tue Apr 2024	64.10	66.60	75.20	52.80	1.11 times

Scroll below to view daily charts

Price has moved up 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 Zenith Drugs (ZENITHDRUG_SM)

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a short 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.

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) 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 Zenith Drugs ( (ZENITHDRUG_SM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Zenith Drugs stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Zenith Drugs in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Zenith Drugs 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Zenith Drugs in short term and BUY signal is strong.

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 Zenith Drugs is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 63.22 and Zenith Drugs (ZENITHDRUG_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Zenith Drugs (ZENITHDRUG_SM) stock. Volume based technical analysis of Zenith Drugs (ZENITHDRUG_SM) stock is negative.

Zenith Drugs 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.