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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 2024-06-06 View latest technical analysis

10 day averaged volume of Shubhlaxmi Jewel is 63400

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	41.40	42.65	42.65	40.00	1.104 times
05 Wed Jun 2024	40.80	38.60	40.80	38.55	1.909 times
04 Tue Jun 2024	40.55	40.55	40.55	40.55	0.032 times
03 Mon Jun 2024	42.65	42.35	42.80	42.35	0.915 times
31 Fri May 2024	42.35	41.30	42.85	41.10	2.145 times
30 Thu May 2024	42.45	41.50	42.65	41.50	1.341 times
29 Wed May 2024	41.15	41.25	41.85	40.00	0.457 times
28 Tue May 2024	41.90	44.40	44.40	41.90	0.473 times
27 Mon May 2024	44.10	41.55	44.25	41.55	2.476 times
24 Fri May 2024	42.15	42.60	42.60	42.15	0.063 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 40.3 as stoploss in an intra day buy trade for a target of 42.91. However, stock will show a bearish move below 40.3.

Share price targets for Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Target Type	Value
Downside Target	38.55
Upside Target	41.55
Upside Target	42.80
Upside Target	44.40
Upside Target	48.55
Upside Target	51.00
Upside Target	67.55
Upside Target	70.00
Upside Target	75.00
Upside Target	76.30
Upside Target	88.45
Upside Target	89.50
Upside Target	90.00

Intraday share price targets for Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Target Type	Value
Downside Intraday Target	39.03
Downside Intraday Target	36.67
Upside Intraday Target	43.28
Upside Intraday Target	45.17
Downside Intraday Target	40.92

Weekly technical analysis of Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	41.40	42.35	42.80	38.55	0.574 times
31 Fri May 2024	42.35	41.55	44.40	40.00	8.74 times
24 Fri May 2024	42.15	43.00	45.00	41.55	0.153 times
18 Sat May 2024	42.90	48.55	51.00	39.25	2.07 times
10 Fri May 2024	49.30	69.80	70.00	48.55	8.316 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
06 Thu Jun 2024	41.40	42.35	42.80	38.55	0.256 times
31 Fri May 2024	42.35	74.00	75.00	39.25	2.337 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shubhlaxmi Jewel ( (SHUBHLAXMI_SM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shubhlaxmi Jewel ( (SHUBHLAXMI_SM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 losing momentum.

MACD generated a BUY signal for Shubhlaxmi Jewel 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.

Shubhlaxmi Jewel 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. Bears are getting stronger in this stock.

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 Shubhlaxmi Jewel in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Shubhlaxmi Jewel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.34 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.