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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)

10 day averaged volume of Zenith Drugs is 194720

Date Daily Closing Price Open High Low Volume
08 Tue Oct 2024 118.70 110.00 119.75 100.55 0.855 times
07 Mon Oct 2024 110.35 122.50 122.95 106.05 1.693 times
04 Fri Oct 2024 126.10 126.00 129.50 122.00 0.509 times
03 Thu Oct 2024 123.65 129.70 132.90 120.65 0.961 times
01 Tue Oct 2024 129.70 136.00 137.95 128.40 0.994 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 121, but if it comes above 121, then a intra day buy could be more profitable.
If you take a sell trade below 121, then use 121 as stoploss and 110.5 as target. However if you take a buy trade in stock , then use 121 as stoploss and 129.71 as target.

Share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type Value
Downside Target 55.20
Downside Target 62.00
Downside Target 68.00
Downside Target 78.00
Downside Target 93.30
Downside Target 100.55
Downside Target 103.00
Downside Target 107.00
Downside Target 117.80
Upside Target 137.95
Upside Target 141.00
Upside Target 143.25
Upside Target 147.50
Upside Target 154.40

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type Value
Downside Intraday Target 105.18
Downside Intraday Target 91.67
Upside Intraday Target 127.58
Upside Intraday Target 136.47
Downside Intraday Target 114.07

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date Weekly Closing Price Open High Low Volume
08 Tue Oct 2024 118.70 122.50 122.95 100.55 0.852 times
04 Fri Oct 2024 126.10 141.00 141.00 120.65 0.579 times
27 Fri Sep 2024 141.40 126.40 154.40 119.30 1.294 times
20 Fri Sep 2024 126.40 135.95 143.25 122.80 0.362 times
13 Fri Sep 2024 134.05 107.00 147.50 107.00 2.937 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
08 Tue Oct 2024 118.70 136.00 137.95 100.55 0.205 times
30 Mon Sep 2024 136.70 108.00 154.40 103.00 1.383 times
30 Fri Aug 2024 107.60 91.00 117.80 78.00 0.951 times
31 Wed Jul 2024 89.70 63.20 93.30 62.00 5.009 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 Zenith Drugs (ZENITHDRUG_SM)

Indicator Name Indicator Value Indicator Signal
ADX 17, 30, 28 Sell
MACD 10, 15Sell
Stochastics 21Sell
CCI -125Sell
RSI 53Buy
OBV 1652800Sell
VWAP 129Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 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 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 SELL. 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 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 SELL signal for Zenith Drugs in short term and SELL 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 129.2 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 positive

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

Click here for Zenith Drugs charts

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