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

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

10 day averaged volume of Shemaroo is 5371

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 154.60 159.20 159.20 153.40 1.259 times
20 Mon May 2024 156.65 160.00 160.00 156.45 0.4 times
17 Fri May 2024 156.80 159.20 159.70 156.20 0.529 times
16 Thu May 2024 158.00 161.05 161.95 157.50 0.165 times
15 Wed May 2024 159.35 162.10 165.15 158.25 1.017 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 156.8, but if it comes above 156.8, then a intra day buy could be more profitable.
If you take a sell trade below 156.8, then use 156.8 as stoploss and 149.8 as target. However if you take a buy trade in stock , then use 156.8 as stoploss and 162.58 as target.

Share price targets for Shemaroo (Shemaroo)

Target Type Value
Downside Target 131.70
Downside Target 136.25
Downside Target 152.20
Upside Target 159.05
Upside Target 165.15
Upside Target 170.00
Upside Target 173.85
Upside Target 183.90
Upside Target 238.00
Upside Target 239.80

Intraday share price targets for Shemaroo (Shemaroo)

Target Type Value
Downside Intraday Target 152
Downside Intraday Target 149.4
Upside Intraday Target 158.6
Upside Intraday Target 162.6
Upside Intraday Target 156

Weekly technical analysis of Shemaroo (Shemaroo)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 154.60 160.00 160.00 153.40 0.25 times
17 Fri May 2024 156.80 156.90 165.15 155.00 0.775 times
10 Fri May 2024 156.90 167.10 170.00 152.20 0.732 times
03 Fri May 2024 168.05 171.40 173.85 162.00 0.669 times
26 Fri Apr 2024 169.95 159.35 183.90 159.05 1.76 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 Shemaroo (Shemaroo)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 154.60 170.70 173.85 152.20 0.516 times
30 Tue Apr 2024 168.60 146.15 183.90 136.25 1.276 times
28 Thu Mar 2024 142.75 160.45 164.15 131.70 0.285 times
29 Thu Feb 2024 160.45 217.15 239.80 154.50 0.641 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 Shemaroo (Shemaroo)

Indicator Name Indicator Value Indicator Signal
ADX 14, 21, 19 Sell
MACD -2, -0Sell
Stochastics 25Sell
CCI -102Sell
RSI 53Buy
OBV 52885Sell
VWAP 159Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Shemaroo ( (Shemaroo) ) 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 Shemaroo ( (Shemaroo) ) 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 Shemaroo ( (Shemaroo) ) 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 Shemaroo ( (Shemaroo) ) based on a mid to longer 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.

ADX buy sell signal for Shemaroo stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Shemaroo in short term and the sell signal is strong.

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

CCI has generated a SELL signal for Shemaroo 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

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

Stock of Shemaroo is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 158.94 and Shemaroo (Shemaroo) 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 Shemaroo (Shemaroo) stock. Volume based technical analysis of Shemaroo (Shemaroo) stock is negative.

Shemaroo 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.

Click here for Shemaroo charts

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