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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 36960

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 66.75 66.30 67.60 65.15 1.385 times
13 Thu Jun 2024 66.30 65.95 66.35 65.60 0.39 times
12 Wed Jun 2024 65.15 66.10 67.00 65.15 0.606 times
11 Tue Jun 2024 64.65 64.85 66.05 63.50 0.649 times
10 Mon Jun 2024 64.85 66.10 67.00 64.65 1.255 times

My analysis of stock is bullish for shortterm, and stock might move up till 70.9 or till 76. Use a stoploss of 66.54 and if this stock hits its stoploss, then it can fall down till 62.22

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 61.10
Downside Target 63.50
Upside Target 67.60
Upside Target 69.90
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 64.3
Downside Intraday Target 61.85
Upside Intraday Target 68.4
Upside Intraday Target 70.05
Downside Intraday Target 65.95

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 66.75 66.10 67.60 63.50 0.75 times
07 Fri Jun 2024 64.60 67.00 68.00 55.20 0.475 times
31 Fri May 2024 63.75 69.90 69.90 61.30 0.622 times
24 Fri May 2024 67.25 75.85 81.00 61.10 1.505 times
17 Fri May 2024 75.25 61.85 77.40 59.30 1.669 times

Price has moved up 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
14 Fri Jun 2024 66.75 67.00 68.00 55.20 0.184 times
31 Fri May 2024 63.75 64.20 81.00 59.30 1.053 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

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 19, 23, 9 Sell
MACD -0, -1Buy
Stochastics 85Buy
CCI 93Buy
RSI 49Sell
OBV -152000Sell
VWAP 64Buy
ADL 0Sell
ROC 5Buy
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is losing momentum.

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

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 stronger in this stock.

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 buy signal for Zenith Drugs in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 64.07 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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