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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 2024-08-19 View latest technical analysis

10 day averaged volume of Shoppers Stop is 88134

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	773.10	768.55	778.40	757.15	0.352 times
16 Fri Aug 2024	768.55	750.20	774.85	738.85	0.301 times
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	0.739 times
12 Mon Aug 2024	765.00	749.25	770.75	733.70	1.17 times
09 Fri Aug 2024	753.15	739.90	775.85	721.25	0.897 times
08 Thu Aug 2024	731.25	710.00	747.00	706.30	3.001 times
07 Wed Aug 2024	708.90	708.45	718.00	698.60	1.361 times
06 Tue Aug 2024	698.35	715.35	728.95	697.00	0.291 times
05 Mon Aug 2024	706.95	732.50	735.80	702.75	0.562 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 776.7 as stoploss in an intra day sell trade for a target of 752.46. However, stock will show a bullish move above 776.7.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	686.90
Downside Target	711.60
Downside Target	731.60
Downside Target	757.15
Upside Target	774.00
Upside Target	780.90
Upside Target	785.90
Upside Target	795.20
Upside Target	806.05
Upside Target	807.00
Upside Target	920.00

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	760.7
Downside Intraday Target	748.3
Upside Intraday Target	781.95
Upside Intraday Target	790.8
Downside Intraday Target	769.55

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	773.10	768.55	778.40	757.15	0.147 times
16 Fri Aug 2024	768.55	749.25	785.90	733.70	0.391 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

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 Shoppers Stop (SHOPERSTOP)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	773.10	773.40	785.90	697.00	0.26 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 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 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 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 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 gaining momentum.

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

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

Shoppers Stop Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 moving up

CCI has generated a buy signal for Shoppers Stop in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Shoppers Stop is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 738.05 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 rising upwards.

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 is giving positive 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.