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Stock analysis Shanti Overseas (ind) Ltd SHANTI

More indepth analysis on MunafaSutra.com

Moving Averages for Shanti Overseas (ind) Ltd

  • 5Day Average: 16.84
  • 12Day Average: 16.34
  • 20Day Average: 16.28
  • 50Day Average: 20.31
  • 100Day Average: 19.43
  • 150Day Average: 18.68
  • 200Day Average: 18.13

SHANTI Indicators & signals

Indicator MACD (12,26,9)

16.86, 17.89, -1.4
Indicator MACD is in negative zone

Indicator ADX (14)

8.86, 28.1, 23.53
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHANTI Shanti Overseas (ind) Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Mon Sep 2024 18.34 16.56 to 18.39 9.69% 7.98 times
20 Fri Sep 2024 16.72 15.71 to 16.89 2.39% 1.22 times
19 Thu Sep 2024 16.33 16.26 to 16.59 0.37% 0.95 times
18 Wed Sep 2024 16.27 16.21 to 16.52 -1.51% 0.34 times
17 Tue Sep 2024 16.52 16.12 to 16.89 1.1% 0.47 times
16 Mon Sep 2024 16.34 16.06 to 16.98 -0.67% 0.43 times
13 Fri Sep 2024 16.45 16.02 to 16.64 2.17% 0.56 times
12 Thu Sep 2024 16.10 15.61 to 17.25 -1.35% 2.61 times
11 Wed Sep 2024 16.32 15.98 to 16.81 4.41% 2.79 times
10 Tue Sep 2024 15.63 15.42 to 15.98 0.77% 0.2 times
09 Mon Sep 2024 15.51 15.00 to 15.75 -0.58% 0.45 times
06 Fri Sep 2024 15.60 15.32 to 16.37 -2.68% 0.64 times

Technical analysis forecast of Shanti Overseas (ind) Ltd Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Shanti Overseas (ind) Ltd SHANTI at this time. Stock is rising and might rise more.

It appears as if Shanti Overseas (ind) Ltd SHANTI gave a large move recently.

Stock of Shanti Overseas (ind) Ltd (SHANTI) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Shanti Overseas (ind) Ltd is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Shanti Overseas (ind) Ltd stays above 18, but if it comes below 18, then a intra day sell could be more profitable.
If you take a sell trade below 18, then use 18 as stoploss and 17.44 as target. However if you take a buy trade in Shanti Overseas (ind) Ltd, then use 18 as stoploss and 18.7 as target.

More indepth analysis on MunafaSutra.com