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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 2024-08-23 View latest technical analysis

10 day averaged volume of Shoppers Stop is 83786

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	787.60	795.10	805.20	780.00	0.733 times
22 Thu Aug 2024	790.95	820.00	820.00	789.45	0.318 times
21 Wed Aug 2024	811.30	776.25	826.40	771.80	2.268 times
20 Tue Aug 2024	776.25	775.00	784.00	760.00	0.433 times
19 Mon Aug 2024	773.10	768.55	778.40	757.15	0.37 times
16 Fri Aug 2024	768.55	750.20	774.85	738.85	0.317 times
14 Wed Aug 2024	742.80	767.40	767.40	737.00	0.186 times
13 Tue Aug 2024	767.40	766.05	785.90	755.30	0.777 times
12 Mon Aug 2024	765.00	749.25	770.75	733.70	1.231 times
09 Fri Aug 2024	753.15	739.90	775.85	721.25	0.944 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 788 as stoploss in an intra day sell trade for a target of 758.86. However, stock will show a bullish move above 788.

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
Downside Target	774.00
Downside Target	785.90
Upside Target	795.20
Upside Target	806.05
Upside Target	807.00
Upside Target	826.40
Upside Target	920.00

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	754.37
Downside Intraday Target	721.13
Upside Intraday Target	823.62
Upside Intraday Target	859.63
Upside Intraday Target	790.38

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	787.60	768.55	826.40	757.15	1.641 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	787.60	773.40	826.40	697.00	0.347 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 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 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 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 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 Strong and stock is losing momentum.

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

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 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 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 781.55 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.