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(ShilpaMedic) Shilpa Medic complete technical analysis [charts+indicators] | Buy/Sell Shilpa Medic | (ShilpaMedic) share price targets

Complete technical analysis of Shilpa Medic (ShilpaMedic) by charts plus indicators, forecast predictions and share price targets for Shilpa Medic (ShilpaMedic)

10 day averaged volume of Shilpa Medic is 44774

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 550.70 539.60 561.15 539.60 0.828 times
29 Mon Apr 2024 535.95 550.00 554.35 531.75 0.851 times
26 Fri Apr 2024 545.50 526.05 548.90 526.00 0.604 times
25 Thu Apr 2024 530.35 530.70 533.25 527.35 0.469 times
24 Wed Apr 2024 531.15 536.05 542.00 528.20 0.751 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 538.5, but if it comes below 538.5, then a intra day sell could be more profitable.
If you take a sell trade below 538.5, then use 538.5 as stoploss and 520.88 as target. However if you take a buy trade in stock , then use 538.5 as stoploss and 559.6 as target.

Share price targets for Shilpa Medic (ShilpaMedic)

Target Type Value
Downside Target 313.55
Downside Target 328.05
Downside Target 357.95
Downside Target 375.00
Downside Target 384.80
Downside Target 455.00
Downside Target 486.95
Downside Target 519.40
Downside Target 531.75
Downside Target 533.90
Downside Target 548.90
Upside Target 558.00
Upside Target 561.15

Intraday share price targets for Shilpa Medic (ShilpaMedic)

Target Type Value
Downside Intraday Target 534.58
Downside Intraday Target 518.47
Upside Intraday Target 563.98
Upside Intraday Target 577.27
Downside Intraday Target 547.87

Weekly technical analysis of Shilpa Medic (ShilpaMedic)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 550.70 550.00 561.15 531.75 0.532 times
26 Fri Apr 2024 545.50 539.35 548.90 525.40 0.489 times
19 Fri Apr 2024 534.55 501.05 558.00 486.95 1.584 times
12 Fri Apr 2024 504.60 490.05 533.90 490.05 0.874 times
05 Fri Apr 2024 494.70 461.30 519.40 461.30 2.771 times

Price has moved up 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 Shilpa Medic (ShilpaMedic)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 550.70 461.30 561.15 461.30 1.475 times
28 Thu Mar 2024 461.35 420.00 468.65 384.80 0.355 times
29 Thu Feb 2024 417.10 367.75 455.00 357.95 2.285 times
31 Wed Jan 2024 367.95 333.90 375.00 313.55 1.674 times

Price has moved up 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 Shilpa Medic (ShilpaMedic)

Indicator Name Indicator Value Indicator Signal
ADX 26, 7, 55 Buy
MACD 49, 49Sell
Stochastics 78Buy
CCI 207Buy
RSI 59Buy
OBV 323929Sell
VWAP 536Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

Price action analysis of Shilpa Medic ( (ShilpaMedic) ) 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 Shilpa Medic ( (ShilpaMedic) ) 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 Shilpa Medic ( (ShilpaMedic) ) 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 Shilpa Medic ( (ShilpaMedic) ) 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 Shilpa Medic stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shilpa Medic Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Shilpa Medic in short term and BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shilpa Medic is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 536.04 and Shilpa Medic (ShilpaMedic) 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 Shilpa Medic (ShilpaMedic) stock. Volume based technical analysis of Shilpa Medic (ShilpaMedic) stock is negative.

Shilpa Medic 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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