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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 2024-12-02 View latest technical analysis

10 day averaged volume of Shoppers Stop is 31564

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	609.90	599.00	615.05	595.85	0.859 times
29 Fri Nov 2024	597.20	610.00	614.95	594.05	0.989 times
28 Thu Nov 2024	607.95	606.00	628.80	605.00	1.381 times
27 Wed Nov 2024	604.40	600.00	622.80	594.05	1.547 times
26 Tue Nov 2024	597.90	605.00	608.75	596.00	0.742 times
25 Mon Nov 2024	603.75	611.75	623.00	600.00	0.696 times
22 Fri Nov 2024	603.70	606.90	615.35	600.20	0.944 times
21 Thu Nov 2024	601.65	625.00	626.95	599.00	0.746 times
19 Tue Nov 2024	621.65	607.00	628.45	607.00	0.487 times
18 Mon Nov 2024	610.95	623.00	636.40	606.00	1.367 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 602 as stoploss in an intra day buy trade for a target of 626.59. However, stock will show a bearish move below 602.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	594.05
Upside Target	628.80
Upside Target	643.40
Upside Target	657.90
Upside Target	697.00
Upside Target	739.40
Upside Target	782.00
Upside Target	826.40
Upside Target	838.00
Upside Target	943.40

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	598.82
Downside Intraday Target	587.73
Upside Intraday Target	618.02
Upside Intraday Target	626.13
Downside Intraday Target	606.93

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	609.90	599.00	615.05	595.85	0.16 times
29 Fri Nov 2024	597.20	611.75	628.80	594.05	1.512 times
22 Fri Nov 2024	603.70	623.00	636.40	599.00	0.652 times
14 Thu Nov 2024	625.35	635.75	657.90	604.95	0.226 times
08 Fri Nov 2024	635.75	675.00	739.40	631.05	8.041 times

Price has moved up 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
02 Mon Dec 2024	609.90	599.00	615.05	595.85	0.022 times
29 Fri Nov 2024	597.20	680.10	739.40	594.05	1.173 times
31 Thu Oct 2024	672.75	789.25	838.00	643.40	0.224 times
30 Mon Sep 2024	789.40	810.15	943.40	782.00	3.092 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 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 BUY signal for Shoppers Stop in short term but the buy signal is initial and weak.

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 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 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 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 605.62 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 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.