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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 2024-12-23 View latest technical analysis

10 day averaged volume of Shoppers Stop is 133041

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	619.05	647.10	647.70	615.05	5.51 times
20 Fri Dec 2024	643.75	647.60	657.75	642.00	0.813 times
19 Thu Dec 2024	647.80	643.80	666.00	633.00	3.11 times
18 Wed Dec 2024	638.50	649.80	668.90	631.10	2.99 times
17 Tue Dec 2024	627.60	612.10	632.80	602.55	1.07 times
16 Mon Dec 2024	605.55	604.80	608.85	602.00	0.104 times
13 Fri Dec 2024	601.95	609.95	609.95	595.40	0.343 times
12 Thu Dec 2024	605.75	619.60	619.60	601.65	0.281 times
11 Wed Dec 2024	613.45	623.75	630.95	611.45	0.405 times
10 Tue Dec 2024	614.55	640.80	641.55	610.05	0.719 times

Stock of Shoppers Stop (SHOPERSTOP) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 604.1 or till 584.5. Use a stoploss of 620.48 and if the stock hits stoploss, then it can shoot up till 636.84

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	594.05
Downside Target	615.05
Upside Target	628.80
Upside Target	643.40
Upside Target	664.05
Upside Target	668.90
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	606.83
Downside Intraday Target	594.62
Upside Intraday Target	639.48
Upside Intraday Target	659.92
Upside Intraday Target	627.27

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	619.05	647.10	647.70	615.05	0.681 times
20 Fri Dec 2024	643.75	604.80	668.90	602.00	4.227 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

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
23 Mon Dec 2024	619.05	599.00	668.90	595.40	1.979 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, 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 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 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.

Shoppers Stop Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 SELL signal for Shoppers Stop in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 629.5 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.