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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 2024-08-08 View latest technical analysis

10 day averaged volume of Shubhlaxmi Jewel is 19000

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	27.85	27.85	27.85	27.85	0.684 times
07 Wed Aug 2024	26.55	25.75	26.55	25.75	0.947 times
06 Tue Aug 2024	25.30	26.30	26.30	25.10	0.474 times
05 Mon Aug 2024	26.40	26.50	26.50	26.35	0.421 times
02 Fri Aug 2024	27.70	27.70	28.25	27.70	0.789 times
01 Thu Aug 2024	29.15	30.15	32.15	29.15	3.737 times
31 Wed Jul 2024	30.65	31.10	31.20	30.55	0.895 times
30 Tue Jul 2024	32.15	31.80	32.50	31.80	0.316 times
29 Mon Jul 2024	32.10	32.90	32.90	31.25	1.211 times
26 Fri Jul 2024	32.45	32.65	32.65	31.75	0.632 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.3, but if it comes above 28.3, then a intra day buy could be more profitable.
If you take a sell trade below 28.3, then use 28.3 as stoploss and 25 as target. However if you take a buy trade in stock , then use 28.3 as stoploss and 30.98 as target.

Share price targets for Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Target Type	Value
Downside Target	25.10
Downside Target	27.70
Upside Target	30.35
Upside Target	31.25
Upside Target	33.85
Upside Target	34.50
Upside Target	39.25
Upside Target	42.80
Upside Target	70.00
Upside Target	75.00
Upside Target	88.45

Intraday share price targets for Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Target Type	Value
Downside Intraday Target	26.02
Downside Intraday Target	24.18
Upside Intraday Target	28.77
Upside Intraday Target	29.68
Downside Intraday Target	26.93

Weekly technical analysis of Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	27.85	26.50	27.85	25.10	0.364 times
02 Fri Aug 2024	27.70	32.90	32.90	27.70	1.61 times
26 Fri Jul 2024	32.45	32.25	33.85	31.60	1.864 times
19 Fri Jul 2024	32.25	33.15	33.15	30.35	1.913 times
12 Fri Jul 2024	33.55	32.80	34.50	32.60	0.622 times

Price has moved up 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
08 Thu Aug 2024	27.85	30.15	32.15	25.10	0.578 times
31 Wed Jul 2024	30.65	32.25	34.50	30.35	0.183 times
28 Fri Jun 2024	33.50	42.35	42.80	31.25	1.296 times
31 Fri May 2024	42.35	74.00	75.00	39.25	2.337 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 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 SELL signal for Shubhlaxmi Jewel in short term and the sell signal is strong.

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 weakening, and bulls are picking up momentum!

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 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 29.2 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.