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(ShanthiGear) Shanthi Gear complete technical analysis [charts+indicators] | Buy/Sell Shanthi Gear | (ShanthiGear) share price targets

Complete technical analysis of Shanthi Gear (ShanthiGear) by charts plus indicators, forecast predictions and share price targets for Shanthi Gear (ShanthiGear)

10 day averaged volume of Shanthi Gear is 3407

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 559.80 559.00 567.00 556.00 1.532 times
06 Mon May 2024 559.60 565.00 567.80 553.25 3.631 times
03 Fri May 2024 563.00 567.00 569.10 558.55 0.193 times
02 Thu May 2024 562.30 560.05 578.10 560.05 0.475 times
30 Tue Apr 2024 561.45 562.90 567.20 556.55 1.185 times

My analysis of stock is bearish for shortterm, and stock might move down till 551.7 or till 541.7. Use a stoploss of 560 and if the stock hits stoploss, then it can shoot up till 568.33

Share price targets for Shanthi Gear (ShanthiGear)

Target Type Value
Downside Target 474.00
Downside Target 487.00
Downside Target 528.40
Upside Target 567.50
Upside Target 567.80
Upside Target 569.95
Upside Target 578.10
Upside Target 616.40
Upside Target 645.00

Intraday share price targets for Shanthi Gear (ShanthiGear)

Target Type Value
Downside Intraday Target 552.77
Downside Intraday Target 545.73
Upside Intraday Target 567.32
Upside Intraday Target 574.83
Upside Intraday Target 560.28

Weekly technical analysis of Shanthi Gear (ShanthiGear)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 559.80 565.00 567.80 553.25 2.025 times
03 Fri May 2024 563.00 569.00 578.10 556.55 0.852 times
26 Fri Apr 2024 565.65 535.55 567.50 535.55 1.161 times
19 Fri Apr 2024 544.40 569.95 569.95 541.10 0.407 times
12 Fri Apr 2024 573.35 569.70 616.40 546.35 0.846 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shanthi Gear (ShanthiGear)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 559.80 560.05 578.10 553.25 0.275 times
30 Tue Apr 2024 561.45 566.95 616.40 535.55 1.134 times
28 Thu Mar 2024 554.05 515.05 565.00 474.00 1.434 times
29 Thu Feb 2024 520.85 566.65 566.65 487.00 0.285 times

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 Shanthi Gear (ShanthiGear)

Indicator Name Indicator Value Indicator Signal
ADX 20, 14, 18 Buy
MACD 11, 13Sell
Stochastics 55None
CCI -24Buy
RSI 49Sell
OBV 5394Sell
VWAP 560Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Shanthi Gear ( (ShanthiGear) ) 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 Shanthi Gear ( (ShanthiGear) ) 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 Shanthi Gear ( (ShanthiGear) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shanthi Gear ( (ShanthiGear) ) 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 Shanthi Gear stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Shanthi Gear 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shanthi Gear in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Shanthi Gear is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 560.44 and Shanthi Gear (ShanthiGear) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Shanthi Gear (ShanthiGear) stock. Volume based technical analysis of Shanthi Gear (ShanthiGear) stock is negative.

Shanthi Gear 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.

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