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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 2024-12-17 View latest technical analysis

10 day averaged volume of Shoppers Stop is 58628

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	627.60	612.10	632.80	602.55	2.429 times
16 Mon Dec 2024	605.55	604.80	608.85	602.00	0.235 times
13 Fri Dec 2024	601.95	609.95	609.95	595.40	0.777 times
12 Thu Dec 2024	605.75	619.60	619.60	601.65	0.638 times
11 Wed Dec 2024	613.45	623.75	630.95	611.45	0.919 times
10 Tue Dec 2024	614.55	640.80	641.55	610.05	1.631 times
09 Mon Dec 2024	640.70	623.90	645.00	621.20	0.376 times
06 Fri Dec 2024	623.70	634.00	639.80	620.30	0.395 times
05 Thu Dec 2024	634.75	632.00	640.00	621.00	0.518 times
04 Wed Dec 2024	633.55	635.00	664.05	627.40	2.172 times

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

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 628.6 as stoploss in an intra day sell trade for a target of 614.56. However, stock will show a bullish move above 628.6.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	594.05
Upside Target	628.80
Upside Target	645.00
Upside Target	664.05
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	608.8
Downside Intraday Target	590
Upside Intraday Target	639.6
Upside Intraday Target	651.6
Downside Intraday Target	620.8

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	627.60	604.80	632.80	602.00	0.614 times
13 Fri Dec 2024	601.95	623.90	645.00	595.40	0.738 times
06 Fri Dec 2024	623.70	599.00	664.05	595.85	2.041 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

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
17 Tue Dec 2024	627.60	599.00	664.05	595.40	0.621 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 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 neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Strong and stock is gaining 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 in or above 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 BUY signal in short term and the buying is gaining 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 622.31 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.