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 2024-08-29 View latest technical analysis

10 day averaged volume of Zenith Drugs is 178720

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	111.70	106.00	117.80	106.00	4.02 times
28 Wed Aug 2024	101.05	103.95	105.00	100.75	0.34 times
27 Tue Aug 2024	102.60	100.00	104.00	96.50	1.083 times
26 Mon Aug 2024	99.50	101.00	101.25	98.00	1.683 times
23 Fri Aug 2024	96.95	91.10	99.45	88.00	3.948 times
22 Thu Aug 2024	89.25	83.00	92.70	83.00	1.719 times
21 Wed Aug 2024	81.00	78.30	82.00	78.30	0.269 times
20 Tue Aug 2024	79.35	81.80	82.70	79.00	0.439 times
19 Mon Aug 2024	81.00	83.00	83.00	81.00	0.125 times
16 Fri Aug 2024	83.85	81.25	84.95	80.80	0.215 times

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

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 107.9, for a target of 97.1 or 88.02

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	78.00
Downside Target	81.00
Downside Target	84.95
Downside Target	92.35
Downside Target	93.30
Downside Target	96.50
Downside Target	99.45
Upside Target	117.80

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Intraday Target	99.53
Downside Intraday Target	87.37
Upside Intraday Target	120.83
Upside Intraday Target	129.97
Downside Intraday Target	108.67

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	111.70	101.00	117.80	96.50	1.096 times
23 Fri Aug 2024	96.95	83.00	99.45	78.30	6.785 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

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
29 Thu Aug 2024	111.70	91.00	117.80	78.00	0.902 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 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 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 gaining 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 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 99.92 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.