Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-30 View latest technical analysis

10 day averaged volume of Shemaroo Entertainment is 81889

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	164.67	156.89	172.79	155.54	1.152 times
29 Tue Oct 2024	156.62	157.70	159.90	155.25	0.58 times
28 Mon Oct 2024	154.60	160.10	160.58	151.54	1.09 times
25 Fri Oct 2024	157.72	159.25	161.44	151.80	0.869 times
24 Thu Oct 2024	158.12	163.20	165.60	157.35	0.641 times
23 Wed Oct 2024	164.85	159.80	170.00	159.80	0.596 times
22 Tue Oct 2024	159.28	168.70	169.19	156.67	0.945 times
21 Mon Oct 2024	167.11	171.36	173.60	166.08	0.743 times
18 Fri Oct 2024	171.36	172.01	172.95	165.50	2.365 times
17 Thu Oct 2024	177.99	187.85	188.50	174.30	1.443 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 161.6 as stoploss in an intra day buy trade for a target of 174.02. However, stock will show a bearish move below 161.6.

Share price targets for Shemaroo Entertainment (SHEMAROO)

Target Type	Value
Downside Target	128.70
Downside Target	144.20
Downside Target	151.54
Downside Target	160.80
Upside Target	165.50
Upside Target	169.90
Upside Target	176.60
Upside Target	185.05
Upside Target	191.65
Upside Target	192.74
Upside Target	209.00
Upside Target	209.84
Upside Target	215.00

Intraday share price targets for Shemaroo Entertainment (SHEMAROO)

Target Type	Value
Downside Intraday Target	153.21
Downside Intraday Target	141.75
Upside Intraday Target	174.46
Upside Intraday Target	184.25
Downside Intraday Target	163

Weekly technical analysis of Shemaroo Entertainment (SHEMAROO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	164.67	160.10	172.79	151.54	0.744 times
25 Fri Oct 2024	157.72	171.36	173.60	151.80	0.662 times
18 Fri Oct 2024	171.36	185.95	191.65	165.50	0.796 times
11 Fri Oct 2024	184.85	188.35	192.74	169.90	0.465 times
04 Fri Oct 2024	186.62	195.85	209.84	185.05	0.419 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 Shemaroo Entertainment (SHEMAROO)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	164.67	198.80	209.00	151.54	0.212 times
30 Mon Sep 2024	198.53	163.50	215.00	160.80	6 times
30 Fri Aug 2024	162.75	159.70	176.33	145.60	0.51 times
31 Wed Jul 2024	158.92	145.70	176.60	144.20	4.707 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 Shemaroo Entertainment (SHEMAROO)

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

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

MACD generated a SELL signal for Shemaroo Entertainment 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.

Shemaroo Entertainment 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shemaroo Entertainment 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 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 165.24 and Shemaroo Entertainment (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 Entertainment (SHEMAROO) stock. Volume based technical analysis of Shemaroo Entertainment (SHEMAROO) stock is negative.

Shemaroo Entertainment 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.