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

(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 2024-07-10 View latest technical analysis

10 day averaged volume of Zenith Drugs is 28960

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	63.25	64.05	65.00	62.00	3.536 times
09 Tue Jul 2024	63.10	64.55	64.60	62.95	1.381 times
08 Mon Jul 2024	63.20	64.85	64.85	63.00	1.436 times
05 Fri Jul 2024	63.75	64.35	64.50	63.55	0.829 times
04 Thu Jul 2024	64.35	64.30	64.95	63.70	1.326 times
03 Wed Jul 2024	63.35	62.25	63.80	62.25	1.05 times
02 Tue Jul 2024	62.50	62.20	63.40	62.20	0.884 times
01 Mon Jul 2024	63.50	63.20	64.60	63.20	0.718 times
28 Fri Jun 2024	63.00	64.90	64.90	62.55	0.773 times
27 Thu Jun 2024	63.40	63.35	64.25	63.35	0.884 times

Stock of Zenith Drugs (ZENITHDRUG_SM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 62.6 or till 61.3. Use a stoploss of 63.68 and if the stock hits stoploss, then it can shoot up till 64.78

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	62.00
Upside Target	63.50
Upside Target	64.90
Upside Target	65.00
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	61.83
Downside Intraday Target	60.42
Upside Intraday Target	64.83
Upside Intraday Target	66.42
Upside Intraday Target	63.42

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	63.25	64.85	65.00	62.00	1.322 times
05 Fri Jul 2024	63.75	63.20	64.95	62.20	1.115 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

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 Zenith Drugs (ZENITHDRUG_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	63.25	63.20	65.00	62.00	0.447 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining momentum.

MACD generated a BUY signal for Zenith Drugs 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.

Zenith Drugs 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Zenith Drugs in short term and SELL 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

Stock of Zenith Drugs is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 63.34 and Zenith Drugs (ZENITHDRUG_SM) 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 Zenith Drugs (ZENITHDRUG_SM) stock. Volume based technical analysis of Zenith Drugs (ZENITHDRUG_SM) stock is negative.

Zenith Drugs 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.