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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 2024-08-06 View latest technical analysis

10 day averaged volume of Zenith Drugs is 164000

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	85.30	84.30	87.50	84.30	0.498 times
05 Mon Aug 2024	82.65	82.00	86.90	82.00	0.4 times
02 Fri Aug 2024	87.95	88.00	88.00	86.00	0.468 times
01 Thu Aug 2024	88.80	91.00	92.35	88.50	0.712 times
31 Wed Jul 2024	89.70	88.50	90.80	87.35	1.298 times
30 Tue Jul 2024	88.50	87.00	89.40	86.05	0.546 times
29 Mon Jul 2024	87.30	90.25	90.25	87.00	0.741 times
26 Fri Jul 2024	90.05	91.10	93.30	89.00	1.259 times
25 Thu Jul 2024	89.35	80.35	91.70	78.55	3.366 times
24 Wed Jul 2024	80.35	80.00	81.60	80.00	0.293 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 89.5 as stoploss in an intra day sell trade for a target of 80.12. However, stock will show a bullish move above 89.5.

Share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Target	52.80
Downside Target	55.20
Downside Target	59.30
Downside Target	62.00
Downside Target	65.00
Downside Target	68.00
Downside Target	75.20
Downside Target	77.00
Downside Target	81.00
Upside Target	86.00
Upside Target	88.80
Upside Target	92.35
Upside Target	93.30

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Intraday Target	82.37
Downside Intraday Target	79.43
Upside Intraday Target	87.87
Upside Intraday Target	90.43
Downside Intraday Target	84.93

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	85.30	82.00	87.50	82.00	0.238 times
02 Fri Aug 2024	87.95	90.25	92.35	86.00	0.534 times
26 Fri Jul 2024	90.05	78.50	93.30	77.00	0.733 times
19 Fri Jul 2024	78.35	65.20	88.80	65.20	4.857 times
12 Fri Jul 2024	63.30	64.85	65.00	62.00	2.333 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
06 Tue Aug 2024	85.30	91.00	92.35	82.00	0.094 times
31 Wed Jul 2024	89.70	63.20	93.30	62.00	5.009 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

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 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 short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

Zenith Drugs 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Zenith Drugs in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 88.41 and Zenith Drugs (ZENITHDRUG_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.