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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 2024-07-18 View latest technical analysis

10 day averaged volume of Zenith Drugs is 164800

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	81.10	83.80	83.80	79.00	1.398 times
16 Tue Jul 2024	82.45	78.00	88.80	77.90	3.786 times
15 Mon Jul 2024	75.95	65.20	75.95	65.20	3.68 times
12 Fri Jul 2024	63.30	63.80	63.85	63.00	0.757 times
11 Thu Jul 2024	63.25	63.80	63.80	63.25	0.097 times
10 Wed Jul 2024	63.25	64.05	65.00	62.00	0.621 times
09 Tue Jul 2024	63.10	64.55	64.60	62.95	0.243 times
08 Mon Jul 2024	63.20	64.85	64.85	63.00	0.252 times
05 Fri Jul 2024	63.75	64.35	64.50	63.55	0.146 times
04 Thu Jul 2024	64.35	64.30	64.95	63.70	0.233 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 79, for a target of 71.8 or 65.74

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
Downside Target	64.90
Downside Target	67.00
Downside Target	68.00
Downside Target	75.20
Downside Target	78.50
Downside Target	81.00
Upside Target	88.80

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Intraday Target	67.93
Downside Intraday Target	54.77
Upside Intraday Target	91.53
Upside Intraday Target	101.97
Downside Intraday Target	78.37

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	81.10	65.20	88.80	65.20	4.498 times
12 Fri Jul 2024	63.30	64.85	65.00	62.00	2.333 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	81.10	63.20	88.80	62.00	2.662 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, and volume has increased substantially. This means that the move can 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 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 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 Zenith Drugs stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Zenith Drugs in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Zenith Drugs in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 76.15 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 rising upwards.

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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.