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(ShaktiPress) Shakti Press complete technical analysis [charts+indicators] | Buy/Sell Shakti Press | (ShaktiPress) share price targets

Complete technical analysis of Shakti Press (ShaktiPress) by charts plus indicators, forecast predictions and share price targets for Shakti Press (ShaktiPress)

Showing technical analysis as on 2024-10-18 View latest technical analysis

10 day averaged volume of Shakti Press is 2989

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	33.74	34.95	34.95	33.74	0.108 times
17 Thu Oct 2024	34.00	33.60	35.00	33.57	0.82 times
16 Wed Oct 2024	33.56	34.01	36.22	32.66	0.2 times
15 Tue Oct 2024	34.70	35.45	35.51	34.70	0.556 times
14 Mon Oct 2024	35.42	36.00	37.85	34.98	1.034 times
11 Fri Oct 2024	36.75	39.29	39.29	36.50	0.673 times
10 Thu Oct 2024	38.52	39.50	39.50	37.50	0.657 times
09 Wed Oct 2024	38.59	32.05	38.59	32.05	4.385 times
08 Tue Oct 2024	35.09	34.95	35.09	34.00	0.652 times
07 Mon Oct 2024	31.90	35.30	35.30	31.78	0.25 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34.2, but if it comes above 34.2, then a intra day buy could be more profitable.
If you take a sell trade below 34.2, then use 34.2 as stoploss and 32.2 as target. However if you take a buy trade in stock , then use 34.2 as stoploss and 35.86 as target.

Share price targets for Shakti Press (ShaktiPress)

Target Type	Value
Downside Target	26.95
Downside Target	28.50
Downside Target	31.78
Upside Target	33.95
Upside Target	35.38
Upside Target	37.50
Upside Target	37.85
Upside Target	37.90
Upside Target	39.00
Upside Target	39.50
Upside Target	39.97

Intraday share price targets for Shakti Press (ShaktiPress)

Target Type	Value
Downside Intraday Target	31.65
Downside Intraday Target	29.56
Upside Intraday Target	36.84
Upside Intraday Target	39.94
Upside Intraday Target	34.75

Weekly technical analysis of Shakti Press (ShaktiPress)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	33.74	36.00	37.85	32.66	0.411 times
11 Fri Oct 2024	36.75	35.30	39.50	31.78	3.356 times
03 Thu Oct 2024	36.90	35.43	37.50	33.11	0.219 times
27 Fri Sep 2024	35.43	37.66	39.00	33.95	0.534 times
20 Fri Sep 2024	37.66	33.25	37.90	32.55	2.155 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 Shakti Press (ShaktiPress)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	33.74	35.00	39.50	31.78	0.119 times
30 Mon Sep 2024	35.43	33.25	39.97	32.55	0.724 times
30 Fri Aug 2024	33.25	30.99	35.38	28.50	6.549 times
31 Wed Jul 2024	30.99	31.11	33.00	28.68	1.5 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 Shakti Press (ShaktiPress)

Price action analysis of Shakti Press ( (ShaktiPress) ) 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 Shakti Press ( (ShaktiPress) ) 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 Shakti Press ( (ShaktiPress) ) 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 Shakti Press stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Shakti Press Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shakti Press 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 positive zone. This is a BUY zone

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

Stock of Shakti Press is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 36.88 and Shakti Press (ShaktiPress) 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 Shakti Press (ShaktiPress) stock. Volume based technical analysis of Shakti Press (ShaktiPress) stock is negative.

Shakti Press 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.