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(ZENITHDRUG_SM) Zenith Drugs complete technical analysis [charts+indicators] | Buy/Sell Zenith Drugs | (ZENITHDRUG_SM) share price targets

Complete technical analysis of Zenith Drugs (ZENITHDRUG_SM) by charts plus indicators, forecast predictions and share price targets for Zenith Drugs (ZENITHDRUG_SM)

Showing technical analysis as on 2024-07-02 View latest technical analysis

10 day averaged volume of Zenith Drugs is 37440

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	62.50	62.20	63.40	62.20	0.684 times
01 Mon Jul 2024	63.50	63.20	64.60	63.20	0.556 times
28 Fri Jun 2024	63.00	64.90	64.90	62.55	0.598 times
27 Thu Jun 2024	63.40	63.35	64.25	63.35	0.684 times
26 Wed Jun 2024	63.15	64.05	64.05	63.05	0.556 times
25 Tue Jun 2024	63.00	63.80	63.80	62.85	0.556 times
24 Mon Jun 2024	62.65	63.05	63.80	62.20	0.94 times
21 Fri Jun 2024	63.00	64.20	64.20	62.05	1.154 times
20 Thu Jun 2024	63.45	63.40	64.15	63.20	0.812 times
19 Wed Jun 2024	63.25	63.90	65.80	63.05	1.154 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 62.3 as stoploss in an intra day buy trade for a target of 63.65. However, stock will show a bearish move below 62.3.

Share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Target	52.80
Downside Target	54.20
Downside Target	59.30
Downside Target	62.05
Upside Target	63.50
Upside Target	67.00
Upside Target	67.60
Upside Target	68.00
Upside Target	75.20
Upside Target	78.50
Upside Target	81.00

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Intraday Target	61.6
Downside Intraday Target	60.7
Upside Intraday Target	64
Upside Intraday Target	65.5
Upside Intraday Target	63.1

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	62.50	63.20	64.60	62.20	0.372 times
28 Fri Jun 2024	63.00	63.05	64.90	62.20	0.545 times
21 Fri Jun 2024	63.00	66.85	67.00	62.05	1.444 times
14 Fri Jun 2024	66.75	66.10	67.60	63.50	0.75 times
07 Fri Jun 2024	64.60	67.00	68.00	55.20	0.475 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 Zenith Drugs (ZENITHDRUG_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	62.50	63.20	64.60	62.20	0.064 times
28 Fri Jun 2024	63.00	67.00	68.00	55.20	0.36 times
31 Fri May 2024	63.75	64.20	81.00	59.30	1.053 times
30 Tue Apr 2024	64.10	66.60	75.20	52.80	1.11 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 Zenith Drugs (ZENITHDRUG_SM)

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Zenith Drugs ( (ZENITHDRUG_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 Zenith Drugs ( (ZENITHDRUG_SM) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Zenith Drugs stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Zenith Drugs in short term and the sell signal is strong.

Zenith Drugs 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Zenith Drugs 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 negative zone. This is the SELL zone

Stock of Zenith Drugs is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 63.08 and Zenith Drugs (ZENITHDRUG_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 Zenith Drugs (ZENITHDRUG_SM) stock. Volume based technical analysis of Zenith Drugs (ZENITHDRUG_SM) stock is negative.

Zenith Drugs 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.