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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 2024-09-05 View latest technical analysis

10 day averaged volume of Shoppers Stop is 67019

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	829.55	807.00	864.95	807.00	2.694 times
04 Wed Sep 2024	815.10	810.00	820.50	782.00	4.045 times
03 Tue Sep 2024	813.50	795.05	818.95	787.25	0.561 times
02 Mon Sep 2024	794.45	810.15	816.00	785.50	0.36 times
30 Fri Aug 2024	810.15	790.45	820.00	766.65	0.757 times
29 Thu Aug 2024	777.40	807.30	807.30	767.05	0.501 times
28 Wed Aug 2024	799.30	794.30	824.00	787.55	1.25 times
27 Tue Aug 2024	785.75	780.25	792.90	778.40	0.616 times
26 Mon Aug 2024	787.35	796.00	797.50	780.45	0.598 times
23 Fri Aug 2024	787.60	795.10	805.20	780.00	0.916 times

Stock of Shoppers Stop (SHOPERSTOP) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 838.5, for a target of 808.8 or 784

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	689.00
Downside Target	711.60
Downside Target	733.70
Downside Target	757.15
Downside Target	782.00
Downside Target	785.90
Downside Target	824.00
Downside Target	826.40
Upside Target	864.95
Upside Target	920.00

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	786.05
Downside Intraday Target	742.55
Upside Intraday Target	869
Upside Intraday Target	908.45
Downside Intraday Target	825.5

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	829.55	810.15	864.95	782.00	2.059 times
30 Fri Aug 2024	810.15	796.00	824.00	766.65	0.722 times
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

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
05 Thu Sep 2024	829.55	810.15	864.95	782.00	0.343 times
30 Fri Aug 2024	810.15	773.40	826.40	697.00	0.417 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

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 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 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 gaining 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 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 809.27 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.