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

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

Showing technical analysis as on 2024-09-12 View latest technical analysis

10 day averaged volume of Shanti Overseas is 22637

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	16.10	15.90	17.25	15.61	3.203 times
11 Wed Sep 2024	16.32	15.98	16.81	15.98	3.424 times
10 Tue Sep 2024	15.63	15.98	15.98	15.42	0.24 times
09 Mon Sep 2024	15.51	15.50	15.75	15.00	0.557 times
06 Fri Sep 2024	15.60	16.13	16.37	15.32	0.787 times
05 Thu Sep 2024	16.03	16.10	16.97	15.86	1.671 times
04 Wed Sep 2024	15.83	16.48	16.48	15.32	0.591 times
03 Tue Sep 2024	15.94	15.64	16.50	15.64	0.312 times
02 Mon Sep 2024	15.72	16.70	16.98	15.52	0.831 times
30 Fri Aug 2024	16.37	16.90	16.90	16.01	0.576 times

Stock of Shanti Overseas (SHANTI) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 13.7 as stoploss in an intra day buy trade for a target of 20.25. However, stock will show a bearish move below 13.7.

Share price targets for Shanti Overseas (SHANTI)

Target Type	Value
Downside Target	15.00
Upside Target	16.98
Upside Target	18.10
Upside Target	19.15
Upside Target	21.55
Upside Target	21.70
Upside Target	24.05
Upside Target	27.70
Upside Target	28.05
Upside Target	34.40

Intraday share price targets for Shanti Overseas (SHANTI)

Target Type	Value
Downside Intraday Target	14.98
Downside Intraday Target	13.87
Upside Intraday Target	17.23
Upside Intraday Target	18.37
Upside Intraday Target	16.12

Weekly technical analysis of Shanti Overseas (SHANTI)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	16.10	15.50	17.25	15.00	1.771 times
06 Fri Sep 2024	15.60	16.70	16.98	15.32	0.315 times
30 Fri Aug 2024	16.37	15.05	18.10	15.05	0.088 times
16 Fri Feb 2024	32.40	25.85	34.40	24.05	2.926 times
09 Fri Feb 2024	25.10	22.60	27.70	21.70	0.284 times

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

Monthly technical analysis of Shanti Overseas (SHANTI)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	16.10	16.70	17.25	15.00	0.872 times
30 Fri Aug 2024	16.37	15.05	18.10	15.05	0.062 times
16 Fri Feb 2024	32.40	24.95	34.40	21.55	0.768 times
31 Wed Jan 2024	23.85	17.65	28.05	17.65	10.562 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 Shanti Overseas (SHANTI)

Price action analysis of Shanti Overseas ( (SHANTI) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shanti Overseas ( (SHANTI) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shanti Overseas ( (SHANTI) ) 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 Shanti Overseas ( (SHANTI) ) 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 Shanti Overseas stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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

Shanti Overseas 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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Shanti Overseas in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 Shanti Overseas is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 16.05 and Shanti Overseas (SHANTI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Shanti Overseas (SHANTI) stock. Volume based technical analysis of Shanti Overseas (SHANTI) stock is negative.

Shanti Overseas 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.