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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 2024-12-30 View latest technical analysis

10 day averaged volume of Shoppers Stop is 231138

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	602.20	605.10	609.65	598.00	0.096 times
27 Fri Dec 2024	605.10	605.95	607.75	594.50	0.465 times
26 Thu Dec 2024	601.40	624.95	624.95	591.60	1.073 times
24 Tue Dec 2024	609.30	615.15	618.00	602.00	0.439 times
23 Mon Dec 2024	619.05	647.10	647.70	615.05	3.172 times
20 Fri Dec 2024	643.75	647.60	657.75	642.00	0.468 times
19 Thu Dec 2024	647.80	643.80	666.00	633.00	1.79 times
18 Wed Dec 2024	638.50	649.80	668.90	631.10	1.721 times
17 Tue Dec 2024	627.60	612.10	632.80	602.55	0.616 times
16 Mon Dec 2024	605.55	604.80	608.85	602.00	0.06 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 605.3, but if it comes above 605.3, then a intra day buy could be more profitable.
If you take a sell trade below 605.3, then use 605.3 as stoploss and 586.4 as target. However if you take a buy trade in stock , then use 605.3 as stoploss and 621.01 as target.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	591.60
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	596.92
Downside Intraday Target	591.63
Upside Intraday Target	608.57
Upside Intraday Target	614.93
Upside Intraday Target	603.28

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	602.20	605.10	609.65	598.00	0.019 times
27 Fri Dec 2024	605.10	647.10	647.70	591.60	1.106 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

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
30 Mon Dec 2024	602.20	599.00	668.90	591.60	2.373 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 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 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 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 getting stronger in this stock.

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 BUY signal in short term and the buying is gaining 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 626.09 and Shoppers Stop (SHOPERSTOP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.