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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 89120

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 72.90 75.05 75.05 71.40 1.077 times
21 Tue May 2024 76.65 79.00 81.00 74.05 1.795 times
20 Mon May 2024 78.15 75.85 79.00 75.50 1.113 times
17 Fri May 2024 75.25 66.00 77.40 66.00 2.316 times
16 Thu May 2024 65.75 63.70 66.00 62.45 1.131 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 70.9, but if it comes below 70.9, then a intra day sell could be more profitable.
If you take a sell trade below 70.9, then use 70.9 as stoploss and 65.6 as target. However if you take a buy trade in stock , then use 70.9 as stoploss and 77.4 as target.

Share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type Value
Downside Target 52.80
Downside Target 54.20
Downside Target 59.30
Downside Target 65.00
Downside Target 71.40
Upside Target 75.20
Upside Target 77.40
Upside Target 78.50
Upside Target 81.00

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type Value
Downside Intraday Target 69.2
Downside Intraday Target 65.5
Upside Intraday Target 78.8
Upside Intraday Target 84.7
Upside Intraday Target 75.1

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 72.90 75.85 81.00 71.40 0.747 times
17 Fri May 2024 75.25 61.85 77.40 59.30 1.669 times
10 Fri May 2024 61.35 64.40 65.00 60.00 1.604 times
03 Fri May 2024 64.40 62.00 66.00 62.00 0.854 times
26 Fri Apr 2024 62.85 62.65 65.25 60.90 1.275 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
22 Wed May 2024 72.90 64.20 81.00 59.30 0.631 times
30 Tue Apr 2024 64.10 66.60 75.20 52.80 1.11 times
28 Thu Mar 2024 62.70 76.30 78.50 54.20 0 times
01 Thu Jan 1970 0 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 36, 15, 41 Buy
MACD 4, 0Buy
Stochastics 79Buy
CCI 61Sell
RSI 64Buy
OBV 177600Sell
VWAP 71Buy
ADL 0Sell
ROC 15Buy
Force Index 0Sell

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a short 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.

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a short 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.

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a short to mid 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.

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a mid to longer term time period is

ADX buy sell signal for Zenith Drugs stock for short term is BUY. Signal strength is Strong and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Zenith Drugs in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Zenith Drugs is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 70.88 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.

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