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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 2024-10-04 View latest technical analysis

10 day averaged volume of Zenith Drugs is 180160

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	126.10	126.00	129.50	122.00	0.551 times
03 Thu Oct 2024	123.65	129.70	132.90	120.65	1.039 times
01 Tue Oct 2024	129.70	136.00	137.95	128.40	1.075 times
30 Mon Sep 2024	136.70	141.00	141.00	134.90	0.568 times
27 Fri Sep 2024	141.40	149.90	149.90	137.50	0.631 times
26 Thu Sep 2024	142.15	138.60	154.40	138.60	2.753 times
25 Wed Sep 2024	135.75	126.50	137.90	125.05	0.826 times
24 Tue Sep 2024	126.05	122.00	128.90	122.00	0.613 times
23 Mon Sep 2024	120.60	126.40	128.90	119.30	0.764 times
20 Fri Sep 2024	126.40	135.00	136.40	122.80	0.853 times

My analysis of stock is bearish for shortterm, and stock might move down till 119.3 or till 107.5. Use a stoploss of 129.1 and if the stock hits stoploss, then it can shoot up till 138.93

Share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Target	55.20
Downside Target	62.00
Downside Target	68.00
Downside Target	78.00
Downside Target	93.30
Downside Target	103.00
Downside Target	107.00
Downside Target	112.00
Downside Target	117.80
Upside Target	137.95
Upside Target	141.00
Upside Target	143.25
Upside Target	147.50
Upside Target	154.40

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Intraday Target	117.5
Downside Intraday Target	108.9
Upside Intraday Target	137.85
Upside Intraday Target	149.6
Upside Intraday Target	129.25

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	126.10	141.00	141.00	120.65	0.579 times
27 Fri Sep 2024	141.40	126.40	154.40	119.30	1.294 times
20 Fri Sep 2024	126.40	135.95	143.25	122.80	0.362 times
13 Fri Sep 2024	134.05	107.00	147.50	107.00	2.937 times
06 Fri Sep 2024	106.15	108.00	112.00	103.00	0.504 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 Fri Oct 2024	126.10	136.00	137.95	120.65	0.101 times
30 Mon Sep 2024	136.70	108.00	154.40	103.00	1.383 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

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 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 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 BUY. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a buy signal for Zenith Drugs in short term but BUY 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 132.84 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.