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

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

Shemaroo Entertainment trades in NSE in Movies & Entertainment sector.

Showing technical analysis as on 2024-07-12 View latest technical analysis

10 day averaged volume of Shemaroo Entertainment is 74708

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	148.14	152.55	154.75	147.36	0.434 times
11 Thu Jul 2024	151.75	149.15	153.39	149.15	0.339 times
10 Wed Jul 2024	148.80	153.00	153.14	146.01	0.731 times
09 Tue Jul 2024	152.07	154.10	156.60	150.51	0.549 times
08 Mon Jul 2024	154.02	158.00	158.00	153.34	0.471 times
05 Fri Jul 2024	157.02	159.00	159.87	156.39	0.409 times
04 Thu Jul 2024	158.47	163.50	164.70	157.05	1.32 times
03 Wed Jul 2024	163.41	157.00	164.90	156.80	2.9 times
02 Tue Jul 2024	156.91	148.32	159.99	147.50	2.58 times
01 Mon Jul 2024	147.71	145.70	148.80	145.41	0.354 times

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 146.5 as stoploss in an intra day buy trade for a target of 151.14. However, stock will show a bearish move below 146.5.

Share price targets for Shemaroo Entertainment (SHEMAROO)

Target Type	Value
Downside Target	128.70
Downside Target	131.50
Downside Target	139.45
Downside Target	144.05
Upside Target	151.99
Upside Target	154.00
Upside Target	158.00
Upside Target	164.00
Upside Target	164.90
Upside Target	174.40
Upside Target	184.25

Intraday share price targets for Shemaroo Entertainment (SHEMAROO)

Target Type	Value
Downside Intraday Target	143.43
Downside Intraday Target	138.73
Upside Intraday Target	155.42
Upside Intraday Target	162.71
Upside Intraday Target	150.72

Weekly technical analysis of Shemaroo Entertainment (SHEMAROO)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	148.14	158.00	158.00	146.01	0.334 times
05 Fri Jul 2024	157.02	145.70	164.90	145.41	3.426 times
28 Fri Jun 2024	144.89	146.00	153.99	144.05	1.169 times
21 Fri Jun 2024	148.34	149.96	154.00	145.35	0.787 times
14 Fri Jun 2024	149.96	146.90	151.99	145.86	0.664 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 Entertainment (SHEMAROO)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	148.14	145.70	164.90	145.41	0.998 times
28 Fri Jun 2024	144.89	143.35	154.00	128.70	0.53 times
31 Fri May 2024	140.55	170.80	174.40	139.45	0.73 times
30 Tue Apr 2024	168.30	144.10	184.25	144.10	0.717 times

Scroll below to view daily charts

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 Shemaroo Entertainment (SHEMAROO)

Price action analysis of Shemaroo Entertainment ( (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 Entertainment ( (SHEMAROO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shemaroo Entertainment ( (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 Entertainment stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Shemaroo Entertainment 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shemaroo Entertainment in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Shemaroo Entertainment is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 157.13 and Shemaroo Entertainment (SHEMAROO) 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 Shemaroo Entertainment (SHEMAROO) stock. Volume based technical analysis of Shemaroo Entertainment (SHEMAROO) stock is negative.

Shemaroo Entertainment 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.