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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 2024-08-16 View latest technical analysis

10 day averaged volume of Zenith Drugs is 79520

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	83.85	81.25	84.95	80.80	0.483 times
14 Wed Aug 2024	81.25	80.80	82.00	79.85	0.402 times
13 Tue Aug 2024	80.80	81.05	82.60	79.05	0.704 times
12 Mon Aug 2024	81.30	82.00	82.65	81.00	0.563 times
09 Fri Aug 2024	82.00	84.00	84.00	81.00	2.414 times
08 Thu Aug 2024	82.05	82.50	83.75	81.20	0.282 times
07 Wed Aug 2024	82.05	86.00	86.00	78.00	1.348 times
06 Tue Aug 2024	85.30	84.30	87.50	84.30	1.026 times
05 Mon Aug 2024	82.65	82.00	86.90	82.00	0.825 times
02 Fri Aug 2024	87.95	88.00	88.00	86.00	0.966 times

My analysis of stock is bearish for shortterm, and stock might move down till 80.4 or till 75.9. Use a stoploss of 84.17 and if the stock hits stoploss, then it can shoot up till 87.94

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	65.20
Downside Target	68.00
Downside Target	75.20
Downside Target	77.00
Downside Target	81.00
Upside Target	84.95
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	80.28
Downside Intraday Target	76.72
Upside Intraday Target	86.18
Upside Intraday Target	88.52
Downside Intraday Target	82.62

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	83.85	82.00	84.95	79.05	0.365 times
09 Fri Aug 2024	82.00	82.00	87.50	78.00	0.759 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

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 Zenith Drugs (ZENITHDRUG_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	83.85	91.00	92.35	78.00	0.23 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!

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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 83.01 and Zenith Drugs (ZENITHDRUG_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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