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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 2024-08-29 View latest technical analysis

10 day averaged volume of Shubhlaxmi Jewel is 10700

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	25.30	25.85	27.75	25.15	6.449 times
28 Wed Aug 2024	26.45	26.60	26.60	26.45	1.589 times
27 Tue Aug 2024	27.85	29.25	29.30	27.85	1.402 times
26 Mon Aug 2024	29.30	30.85	30.85	29.30	1.495 times
23 Fri Aug 2024	30.85	30.00	30.90	28.55	2.243 times
22 Thu Aug 2024	30.00	31.90	31.90	30.00	0.748 times
21 Wed Aug 2024	30.90	30.15	30.90	30.15	0.374 times
20 Tue Aug 2024	30.15	31.70	31.70	30.15	0.467 times
19 Mon Aug 2024	31.70	30.90	31.70	29.30	0.841 times
14 Wed Aug 2024	30.85	30.85	30.85	30.85	0.187 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 24.5, for a target of 26.9 or 28.83

Share price targets for Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Target Type	Value
Downside Target	25.10
Upside Target	27.70
Upside Target	28.55
Upside Target	30.35
Upside Target	31.90
Upside Target	32.90
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	23.35
Downside Intraday Target	21.4
Upside Intraday Target	29.05
Upside Intraday Target	32.8
Upside Intraday Target	27.1

Weekly technical analysis of Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	25.30	30.85	30.85	25.15	2.34 times
23 Fri Aug 2024	30.85	30.90	31.90	28.55	1.923 times
14 Wed Aug 2024	30.85	30.20	30.95	29.10	0.473 times
09 Fri Aug 2024	29.10	26.50	29.10	25.10	0.417 times
02 Fri Aug 2024	27.70	32.90	32.90	27.70	1.61 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	25.30	30.15	32.15	25.10	1.44 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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 27.71 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.