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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 2024-08-23 View latest technical analysis

10 day averaged volume of Zenith Drugs is 84160

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	96.95	91.10	99.45	88.00	8.384 times
22 Thu Aug 2024	89.25	83.00	92.70	83.00	3.65 times
21 Wed Aug 2024	81.00	78.30	82.00	78.30	0.57 times
20 Tue Aug 2024	79.35	81.80	82.70	79.00	0.932 times
19 Mon Aug 2024	81.00	83.00	83.00	81.00	0.266 times
16 Fri Aug 2024	83.85	81.25	84.95	80.80	0.456 times
14 Wed Aug 2024	81.25	80.80	82.00	79.85	0.38 times
13 Tue Aug 2024	80.80	81.05	82.60	79.05	0.665 times
12 Mon Aug 2024	81.30	82.00	82.65	81.00	0.532 times
09 Fri Aug 2024	82.00	84.00	84.00	81.00	2.281 times

Stock of Zenith Drugs (ZENITHDRUG_SM) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 94.8, for a target of 89.5 or 85.06

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	68.00
Downside Target	75.20
Downside Target	77.00
Downside Target	81.00
Downside Target	84.95
Downside Target	92.35
Downside Target	93.30
Upside Target	99.45

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Intraday Target	83.68
Downside Intraday Target	70.42
Upside Intraday Target	104.83
Upside Intraday Target	112.72
Downside Intraday Target	91.57

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	96.95	83.00	99.45	78.30	6.785 times
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

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

Monthly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	96.95	91.00	99.45	78.00	0.551 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 up 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a short to mid 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 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 BUY signal for Zenith Drugs in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls 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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 90.16 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 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.