Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-19 View latest technical analysis

10 day averaged volume of Shubhlaxmi Jewel is 105000

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	32.75	35.10	35.10	32.75	0.581 times
18 Tue Jun 2024	34.45	33.90	35.30	32.20	0.886 times
14 Fri Jun 2024	33.90	36.50	36.50	33.90	1.029 times
13 Thu Jun 2024	35.65	33.10	36.50	33.10	3.39 times
12 Wed Jun 2024	34.80	35.00	35.00	34.80	0.095 times
11 Tue Jun 2024	36.60	38.50	38.50	36.60	0.876 times
10 Mon Jun 2024	38.50	39.15	39.15	38.50	0.533 times
07 Fri Jun 2024	40.50	41.10	42.35	39.80	1.352 times
06 Thu Jun 2024	41.40	42.65	42.65	40.00	0.667 times
05 Wed Jun 2024	40.80	38.60	40.80	38.55	1.152 times

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 32, for a target of 36.1 or 39.55

Share price targets for Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Target Type	Value
Downside Target	32.20
Upside Target	33.10
Upside Target	35.30
Upside Target	38.55
Upside Target	41.55
Upside Target	42.80
Upside Target	44.40
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	31.53
Downside Intraday Target	30.32
Upside Intraday Target	34.63
Upside Intraday Target	36.52
Upside Intraday Target	33.42

Weekly technical analysis of Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	32.75	33.90	35.30	32.20	0.248 times
14 Fri Jun 2024	33.90	39.15	39.15	33.10	1.583 times
07 Fri Jun 2024	40.50	42.35	42.80	38.55	0.899 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

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
19 Wed Jun 2024	32.75	42.35	42.80	32.20	1.194 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 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 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 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

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 36.98 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.