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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)

10 day averaged volume of Shubhlaxmi Jewel is 46500

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 41.50 42.25 42.25 40.00 1.785 times
16 Thu May 2024 40.25 39.25 43.35 39.25 2.903 times
15 Wed May 2024 41.30 46.00 46.90 41.30 1.075 times
14 Tue May 2024 45.85 46.70 47.65 45.10 0.194 times
13 Mon May 2024 50.10 48.55 51.00 45.05 0.645 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.7, but if it comes above 48.7, then a intra day buy could be more profitable.
If you take a sell trade below 48.7, then use 48.7 as stoploss and 31.3 as target. However if you take a buy trade in stock , then use 48.7 as stoploss and 63.2 as target.

Share price targets for Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Target Type Value
Downside Target 39.25
Upside Target 48.55
Upside Target 51.00
Upside Target 67.55
Upside Target 70.00
Upside Target 73.50
Upside Target 75.00
Upside Target 78.00
Upside Target 81.00
Upside Target 81.50
Upside Target 88.45
Upside Target 89.50
Upside Target 90.00
Upside Target 92.80

Intraday share price targets for Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Target Type Value
Downside Intraday Target 36.83
Downside Intraday Target 32.17
Upside Intraday Target 48.58
Upside Intraday Target 55.67
Upside Intraday Target 43.92

Weekly technical analysis of Shubhlaxmi Jewel (SHUBHLAXMI_SM)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 41.50 48.55 51.00 39.25 1.943 times
10 Fri May 2024 49.30 69.80 70.00 48.55 8.316 times
03 Fri May 2024 73.95 75.05 78.00 70.00 0.404 times
26 Fri Apr 2024 77.00 75.05 81.50 73.50 1.382 times
19 Fri Apr 2024 76.60 79.00 81.00 70.00 0.472 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
17 Fri May 2024 41.50 74.00 75.00 39.25 1.126 times
30 Tue Apr 2024 77.80 81.55 88.45 70.00 1.117 times
28 Thu Mar 2024 83.20 85.00 90.00 67.55 1.55 times
28 Wed Feb 2024 81.30 89.50 89.50 76.30 0.365 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 9, 49, 69 Sell
MACD -17, -14Sell
Stochastics 3Sell
CCI -95Buy
RSI 37Sell
OBV -215000Sell
VWAP 46Sell
ADL 0Sell
ROC -44Sell
Force Index 0Sell

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 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 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 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 losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shubhlaxmi Jewel in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 45.6 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.

Click here for Shubhlaxmi Jewel charts

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