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 2024-10-11 View latest technical analysis

10 day averaged volume of Shoppers Stop is 91336

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	772.75	779.25	785.00	766.95	0.17 times
10 Thu Oct 2024	773.60	775.00	783.00	751.85	0.19 times
09 Wed Oct 2024	769.60	781.30	792.80	765.10	0.313 times
08 Tue Oct 2024	769.75	751.90	775.00	739.55	0.385 times
07 Mon Oct 2024	753.50	794.45	798.45	750.10	0.539 times
04 Fri Oct 2024	787.30	783.70	809.00	775.05	0.658 times
03 Thu Oct 2024	783.70	824.40	825.00	778.05	0.79 times
01 Tue Oct 2024	827.50	789.25	838.00	779.00	1.832 times
30 Mon Sep 2024	789.40	818.05	827.95	783.60	1.621 times
27 Fri Sep 2024	829.85	881.05	884.55	820.15	1.937 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 780.1, but if it comes above 780.1, then a intra day buy could be more profitable.
If you take a sell trade below 780.1, then use 780.1 as stoploss and 721.7 as target. However if you take a buy trade in stock , then use 780.1 as stoploss and 828.66 as target.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	689.00
Downside Target	737.00
Upside Target	774.00
Upside Target	798.45
Upside Target	820.15
Upside Target	838.00
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	742.05
Downside Intraday Target	711.35
Upside Intraday Target	800.95
Upside Intraday Target	829.15
Downside Intraday Target	770.25

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	772.75	794.45	798.45	739.55	0.326 times
04 Fri Oct 2024	787.30	818.05	838.00	775.05	0.781 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

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
11 Fri Oct 2024	772.75	789.25	838.00	739.55	0.096 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 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 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 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 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 neutral. A longer time frame might give a better analysis.

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

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

Shoppers Stop Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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 801.65 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 negative.

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