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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 2024-08-20 View latest technical analysis

10 day averaged volume of Zenith Drugs is 66240

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	79.35	81.80	82.70	79.00	1.184 times
19 Mon Aug 2024	81.00	83.00	83.00	81.00	0.338 times
16 Fri Aug 2024	83.85	81.25	84.95	80.80	0.58 times
14 Wed Aug 2024	81.25	80.80	82.00	79.85	0.483 times
13 Tue Aug 2024	80.80	81.05	82.60	79.05	0.845 times
12 Mon Aug 2024	81.30	82.00	82.65	81.00	0.676 times
09 Fri Aug 2024	82.00	84.00	84.00	81.00	2.899 times
08 Thu Aug 2024	82.05	82.50	83.75	81.20	0.338 times
07 Wed Aug 2024	82.05	86.00	86.00	78.00	1.618 times
06 Tue Aug 2024	85.30	84.30	87.50	84.30	1.232 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 80.3, but if it comes above 80.3, then a intra day buy could be more profitable.
If you take a sell trade below 80.3, then use 80.3 as stoploss and 75.8 as target. However if you take a buy trade in stock , then use 80.3 as stoploss and 84.1 as target.

Share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Target	52.80
Downside Target	55.20
Downside Target	59.30
Downside Target	62.00
Downside Target	68.00
Downside Target	75.20
Downside Target	77.00
Upside Target	81.00
Upside Target	83.00
Upside Target	84.95
Upside Target	87.50
Upside Target	92.35
Upside Target	93.30

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Intraday Target	77.9
Downside Intraday Target	76.45
Upside Intraday Target	81.9
Upside Intraday Target	84.45
Upside Intraday Target	80.45

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	79.35	83.00	83.00	79.00	0.589 times
16 Fri Aug 2024	83.85	82.00	84.95	79.05	0.365 times
09 Fri Aug 2024	82.00	82.00	87.50	78.00	0.759 times
02 Fri Aug 2024	87.95	90.25	92.35	86.00	0.534 times
26 Fri Jul 2024	90.05	78.50	93.30	77.00	0.733 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
20 Tue Aug 2024	79.35	91.00	92.35	78.00	0.258 times
31 Wed Jul 2024	89.70	63.20	93.30	62.00	5.009 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

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 Zenith Drugs (ZENITHDRUG_SM)

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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 green color and prices are in or below the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 81.99 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 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.