Login or Join
 Learn then Earn

(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 111360

Date Daily Closing Price Open High Low Volume
23 Thu May 2024 65.20 72.80 72.80 61.10 2.385 times
22 Wed May 2024 72.90 75.05 75.05 71.40 0.862 times
21 Tue May 2024 76.65 79.00 81.00 74.05 1.437 times
20 Mon May 2024 78.15 75.85 79.00 75.50 0.891 times
17 Fri May 2024 75.25 66.00 77.40 66.00 1.853 times

Stock of Zenith Drugs (ZENITHDRUG_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 60.3 or till 53.9. Use a stoploss of 65.64 and if the stock hits stoploss, then it can shoot up till 70.98

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
Upside Target 66.00
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 57.2
Downside Intraday Target 49.2
Upside Intraday Target 77.1
Upside Intraday Target 89
Upside Intraday Target 69.1

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date Weekly Closing Price Open High Low Volume
23 Thu May 2024 65.20 75.85 81.00 61.10 1.306 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
23 Thu May 2024 65.20 64.20 81.00 59.30 0.77 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 27, 32, 7 Sell
MACD 3, 1Buy
Stochastics 57None
CCI -16Sell
RSI 55Buy
OBV -124800Sell
VWAP 70Sell
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Zenith Drugs in short term and the buy signal is strong.

Zenith Drugs Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 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 69.88 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 is giving positive 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 Zenith Drugs charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme