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(ShaktiPress) Shakti Press complete technical analysis [charts+indicators] | Buy/Sell Shakti Press | (ShaktiPress) share price targets

Complete technical analysis of Shakti Press (ShaktiPress) by charts plus indicators, forecast predictions and share price targets for Shakti Press (ShaktiPress)

10 day averaged volume of Shakti Press is 957

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 33.32 34.00 34.00 33.32 0.492 times
29 Mon Apr 2024 34.00 34.45 34.45 34.00 2.368 times
26 Fri Apr 2024 33.91 34.00 34.00 33.91 1.885 times
25 Thu Apr 2024 34.60 34.60 34.60 34.60 0.874 times
24 Wed Apr 2024 34.60 34.60 34.60 34.60 0.052 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34.5, but if it comes above 34.5, then a intra day buy could be more profitable.
If you take a sell trade below 34.5, then use 34.5 as stoploss and 32.5 as target. However if you take a buy trade in stock , then use 34.5 as stoploss and 36.24 as target.

Share price targets for Shakti Press (ShaktiPress)

Target Type Value
Downside Target 11.32
Downside Target 17.51
Downside Target 18.38
Downside Target 32.01
Downside Target 33.32
Upside Target 35.30
Upside Target 36.02
Upside Target 37.50
Upside Target 38.55
Upside Target 39.49
Upside Target 41.45
Upside Target 44.19

Intraday share price targets for Shakti Press (ShaktiPress)

Target Type Value
Downside Intraday Target 32.94
Downside Intraday Target 32.57
Upside Intraday Target 34.07
Upside Intraday Target 34.83
Upside Intraday Target 33.7

Weekly technical analysis of Shakti Press (ShaktiPress)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 33.32 34.45 34.45 33.32 0.514 times
26 Fri Apr 2024 33.91 35.30 35.30 33.91 2.285 times
19 Fri Apr 2024 36.02 36.88 37.50 36.02 0.318 times
12 Fri Apr 2024 36.16 38.11 39.49 36.16 0.523 times
05 Fri Apr 2024 38.88 34.15 41.45 34.15 0.388 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 Shakti Press (ShaktiPress)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 33.32 34.15 41.45 33.32 0.452 times
28 Thu Mar 2024 34.10 39.27 44.19 32.01 0.583 times
29 Thu Feb 2024 38.50 18.38 38.55 18.38 24.93 times
31 Wed Jan 2024 17.51 11.32 17.51 11.32 0 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 Shakti Press (ShaktiPress)

Indicator Name Indicator Value Indicator Signal
ADX 26, 45, 27 Sell
MACD 1, 1Sell
Stochastics 1Sell
CCI -101Sell
RSI 57Buy
OBV 4150Sell
VWAP 35Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Shakti Press ( (ShaktiPress) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shakti Press ( (ShaktiPress) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shakti Press ( (ShaktiPress) ) 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 Shakti Press ( (ShaktiPress) ) 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 Shakti Press stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Shakti Press Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Shakti Press in short term and SELL 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

Stock of Shakti Press is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 34.73 and Shakti Press (ShaktiPress) 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 Shakti Press (ShaktiPress) stock. Volume based technical analysis of Shakti Press (ShaktiPress) stock is negative.

Shakti Press Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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