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

(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 2024-09-30 View latest technical analysis

10 day averaged volume of Shoppers Stop is 98936

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	789.40	818.05	827.95	783.60	1.497 times
27 Fri Sep 2024	829.85	881.05	884.55	820.15	1.788 times
26 Thu Sep 2024	889.80	902.00	909.95	879.80	1.601 times
25 Wed Sep 2024	888.65	857.80	898.85	849.60	1.352 times
24 Tue Sep 2024	859.50	840.00	895.00	840.00	0.796 times
23 Mon Sep 2024	852.35	850.00	859.35	834.25	0.252 times
20 Fri Sep 2024	846.10	842.50	854.85	838.50	0.387 times
19 Thu Sep 2024	852.00	836.15	876.95	836.15	1.485 times
18 Wed Sep 2024	852.65	871.90	880.00	846.80	0.443 times
17 Tue Sep 2024	869.55	892.00	892.75	865.05	0.522 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 775.5, for a target of 816.8 or 851.28

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	689.00
Downside Target	711.60
Downside Target	737.00
Downside Target	774.00
Upside Target	802.05
Upside Target	820.15
Upside Target	836.15
Upside Target	864.95
Upside Target	909.95
Upside Target	920.00
Upside Target	932.05
Upside Target	943.40

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	772.68
Downside Intraday Target	755.97
Upside Intraday Target	817.03
Upside Intraday Target	844.67
Upside Intraday Target	800.32

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	789.40	818.05	827.95	783.60	0.258 times
27 Fri Sep 2024	829.85	850.00	909.95	820.15	1.375 times
20 Fri Sep 2024	846.10	914.05	932.05	836.15	0.142 times
13 Fri Sep 2024	914.05	817.25	943.40	802.05	5.185 times
06 Fri Sep 2024	817.25	810.15	864.95	782.00	2.262 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
30 Mon Sep 2024	789.40	810.15	943.40	782.00	3.092 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 down this month, and volume has increased substantially. This means that the move can 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Shoppers Stop stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Shoppers Stop Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shoppers Stop in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 851.01 and Shoppers Stop (SHOPERSTOP) 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 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 positive

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