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

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

Shoppers Stop trades in NSE in Department Stores sector.

Showing technical analysis as on 2024-08-14 View latest technical analysis

10 day averaged volume of Shoppers Stop is 87918

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	742.80	767.40	767.40	737.00	0.177 times
13 Tue Aug 2024	767.40	766.05	785.90	755.30	0.74 times
12 Mon Aug 2024	765.00	749.25	770.75	733.70	1.173 times
09 Fri Aug 2024	753.15	739.90	775.85	721.25	0.9 times
08 Thu Aug 2024	731.25	710.00	747.00	706.30	3.008 times
07 Wed Aug 2024	708.90	708.45	718.00	698.60	1.364 times
06 Tue Aug 2024	698.35	715.35	728.95	697.00	0.292 times
05 Mon Aug 2024	706.95	732.50	735.80	702.75	0.563 times
02 Fri Aug 2024	737.25	753.00	761.70	731.60	1.505 times
01 Thu Aug 2024	755.30	773.40	781.45	751.35	0.229 times

My analysis of stock is bearish for shortterm, and stock might move down till 727 or till 693. Use a stoploss of 755.31 and if the stock hits stoploss, then it can shoot up till 783.65

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	686.90
Downside Target	711.60
Downside Target	731.60
Upside Target	770.05
Upside Target	780.90
Upside Target	785.90
Upside Target	795.20
Upside Target	806.05
Upside Target	807.00
Upside Target	857.55
Upside Target	920.00

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	722.37
Downside Intraday Target	701.93
Upside Intraday Target	774.57
Upside Intraday Target	806.33
Upside Intraday Target	754.13

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	742.80	749.25	785.90	733.70	0.341 times
09 Fri Aug 2024	753.15	732.50	775.85	697.00	2.077 times
02 Fri Aug 2024	737.25	773.20	795.20	731.60	0.541 times
26 Fri Jul 2024	770.15	776.60	806.05	737.00	1.158 times
19 Fri Jul 2024	779.45	852.00	857.55	770.05	0.172 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 Shoppers Stop (SHOPERSTOP)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	742.80	773.40	785.90	697.00	0.244 times
31 Wed Jul 2024	780.50	756.95	920.00	737.00	3.601 times
28 Fri Jun 2024	754.25	744.90	774.00	689.00	0.896 times
31 Fri May 2024	729.85	717.70	780.90	711.60	0.694 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 Shoppers Stop (SHOPERSTOP)

Price action analysis of Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop ( (SHOPERSTOP) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Shoppers Stop in short term but the buy signal is initial and weak.

Shoppers Stop 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. Bulls are getting tired and bears 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 Shoppers Stop in short term but SELL signal is weak.

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 Shoppers Stop is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 736.16 and Shoppers Stop (SHOPERSTOP) 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 Shoppers Stop (SHOPERSTOP) stock. Volume based technical analysis of Shoppers Stop (SHOPERSTOP) stock is negative.

Shoppers Stop 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.