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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 2024-09-04 View latest technical analysis

10 day averaged volume of Zenith Drugs is 277920

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	106.35	109.00	109.00	103.00	0.656 times
03 Tue Sep 2024	110.30	109.50	112.00	107.50	0.553 times
02 Mon Sep 2024	107.50	108.00	112.00	105.00	0.409 times
30 Fri Aug 2024	107.60	109.80	112.00	107.00	0.639 times
29 Thu Aug 2024	111.70	106.00	117.80	106.00	2.585 times
28 Wed Aug 2024	101.05	103.95	105.00	100.75	0.219 times
27 Tue Aug 2024	102.60	100.00	104.00	96.50	0.697 times
26 Mon Aug 2024	99.50	101.00	101.25	98.00	1.082 times
23 Fri Aug 2024	96.95	91.10	99.45	88.00	2.539 times
22 Thu Aug 2024	89.25	83.00	92.70	83.00	1.105 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 104.2, but if it comes below 104.2, then a intra day sell could be more profitable.
If you take a sell trade below 104.2, then use 104.2 as stoploss and 92.37 as target. However if you take a buy trade in stock , then use 104.2 as stoploss and 118.5 as target.

Share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Target	55.20
Downside Target	59.30
Downside Target	62.00
Downside Target	68.00
Downside Target	78.00
Downside Target	81.00
Downside Target	84.95
Downside Target	87.50
Downside Target	93.30
Downside Target	96.50
Downside Target	99.45
Downside Target	103.00
Upside Target	112.00
Upside Target	117.80

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Intraday Target	102.23
Downside Intraday Target	98.12
Upside Intraday Target	111.23
Upside Intraday Target	116.12
Upside Intraday Target	107.12

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	106.35	108.00	112.00	103.00	0.31 times
30 Fri Aug 2024	107.60	101.00	117.80	96.50	1.249 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

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
04 Wed Sep 2024	106.35	108.00	112.00	103.00	0.13 times
30 Fri Aug 2024	107.60	91.00	117.80	78.00	0.951 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

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 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 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.

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 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 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 102.85 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.