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(SHUBHLAXMI_SM) Shubhlaxmi Jewel complete technical analysis [charts+indicators] | Buy/Sell Shubhlaxmi Jewel | (SHUBHLAXMI_SM) share price targets

Complete technical analysis of Shubhlaxmi Jewel (SHUBHLAXMI_SM) by charts plus indicators, forecast predictions and share price targets for Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Showing technical analysis as on 2024-05-16 View latest technical analysis

10 day averaged volume of Shubhlaxmi Jewel is 25400

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	40.25	39.25	43.35	39.25	5.315 times
15 Wed May 2024	41.30	46.00	46.90	41.30	1.969 times
14 Tue May 2024	45.85	46.70	47.65	45.10	0.354 times
13 Mon May 2024	50.10	48.55	51.00	45.05	1.181 times
10 Fri May 2024	49.30	53.00	55.00	48.90	2.244 times
09 Thu May 2024	54.30	56.95	58.00	53.00	0.748 times
08 Wed May 2024	53.05	48.55	53.95	48.55	1.457 times
07 Tue May 2024	55.20	67.00	67.00	55.20	1.614 times
06 Mon May 2024	68.95	69.80	70.00	68.00	0.157 times
03 Fri May 2024	73.95	71.00	73.95	70.00	0.157 times

Stock of Shubhlaxmi Jewel (SHUBHLAXMI_SM) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 34.4, for a target of 51.1 or 64.98

Share price targets for Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Target Type	Value
Downside Target	39.25
Upside Target	48.55
Upside Target	51.00
Upside Target	67.55
Upside Target	70.00
Upside Target	73.50
Upside Target	75.00
Upside Target	78.00
Upside Target	81.00
Upside Target	81.50
Upside Target	88.45
Upside Target	89.50
Upside Target	90.00
Upside Target	92.80

Intraday share price targets for Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Target Type	Value
Downside Intraday Target	36
Downside Intraday Target	31.75
Upside Intraday Target	47.75
Upside Intraday Target	55.25
Upside Intraday Target	43.5

Weekly technical analysis of Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	40.25	48.55	51.00	39.25	1.418 times
10 Fri May 2024	49.30	69.80	70.00	48.55	8.316 times
03 Fri May 2024	73.95	75.05	78.00	70.00	0.404 times
26 Fri Apr 2024	77.00	75.05	81.50	73.50	1.382 times
19 Fri Apr 2024	76.60	79.00	81.00	70.00	0.472 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 Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu May 2024	40.25	74.00	75.00	39.25	0.928 times
30 Tue Apr 2024	77.80	81.55	88.45	70.00	1.117 times
28 Thu Mar 2024	83.20	85.00	90.00	67.55	1.55 times
28 Wed Feb 2024	81.30	89.50	89.50	76.30	0.365 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 Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Price action analysis of Shubhlaxmi Jewel ( (SHUBHLAXMI_SM) ) 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 Shubhlaxmi Jewel ( (SHUBHLAXMI_SM) ) 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 Shubhlaxmi Jewel ( (SHUBHLAXMI_SM) ) 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 Shubhlaxmi Jewel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shubhlaxmi Jewel in short term and the sell signal is strong.

Shubhlaxmi Jewel 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 SELL signal for Shubhlaxmi Jewel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 Shubhlaxmi Jewel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 46.77 and Shubhlaxmi Jewel (SHUBHLAXMI_SM) 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 Shubhlaxmi Jewel (SHUBHLAXMI_SM) stock. Volume based technical analysis of Shubhlaxmi Jewel (SHUBHLAXMI_SM) stock is negative.

Shubhlaxmi Jewel 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.