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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 2024-10-01 View latest technical analysis

10 day averaged volume of Shoppers Stop is 100168

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	827.50	789.25	838.00	779.00	1.67 times
30 Mon Sep 2024	789.40	818.05	827.95	783.60	1.478 times
27 Fri Sep 2024	829.85	881.05	884.55	820.15	1.766 times
26 Thu Sep 2024	889.80	902.00	909.95	879.80	1.581 times
25 Wed Sep 2024	888.65	857.80	898.85	849.60	1.335 times
24 Tue Sep 2024	859.50	840.00	895.00	840.00	0.787 times
23 Mon Sep 2024	852.35	850.00	859.35	834.25	0.249 times
20 Fri Sep 2024	846.10	842.50	854.85	838.50	0.382 times
19 Thu Sep 2024	852.00	836.15	876.95	836.15	1.467 times
18 Wed Sep 2024	852.65	871.90	880.00	846.80	0.438 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 818.2 as stoploss in an intra day buy trade for a target of 851.98. However, stock will show a bearish move below 818.2.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	689.00
Downside Target	737.00
Downside Target	774.00
Downside Target	802.05
Downside Target	820.15
Upside Target	838.00
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	791.67
Downside Intraday Target	755.83
Upside Intraday Target	850.67
Upside Intraday Target	873.83
Downside Intraday Target	814.83

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	827.50	818.05	838.00	779.00	0.551 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
01 Tue Oct 2024	827.50	789.25	838.00	779.00	0.036 times
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

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 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 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 to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Shoppers Stop stock for short term is SELL. Signal strength is Weak and stock is losing 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 moving up

CCI has generated a buy signal for Shoppers Stop in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 846.64 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.