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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 2024-10-07 View latest technical analysis

10 day averaged volume of Zenith Drugs is 174240

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	110.35	122.50	122.95	106.05	1.892 times
04 Fri Oct 2024	126.10	126.00	129.50	122.00	0.569 times
03 Thu Oct 2024	123.65	129.70	132.90	120.65	1.074 times
01 Tue Oct 2024	129.70	136.00	137.95	128.40	1.111 times
30 Mon Sep 2024	136.70	141.00	141.00	134.90	0.588 times
27 Fri Sep 2024	141.40	149.90	149.90	137.50	0.652 times
26 Thu Sep 2024	142.15	138.60	154.40	138.60	2.847 times
25 Wed Sep 2024	135.75	126.50	137.90	125.05	0.854 times
24 Tue Sep 2024	126.05	122.00	128.90	122.00	0.634 times
23 Mon Sep 2024	120.60	126.40	128.90	119.30	0.79 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 108.7, for a target of 119.9 or 129.31

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	106.05
Upside 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	103.28
Downside Intraday Target	96.22
Upside Intraday Target	120.18
Upside Intraday Target	130.02
Upside Intraday Target	113.12

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	110.35	122.50	122.95	106.05	0.566 times
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

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
07 Mon Oct 2024	110.35	136.00	137.95	106.05	0.17 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 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 Strong 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 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 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 129.49 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.