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Shine Fashions (India) Limited

SHINEFASH.BO•BSE
Industrials
Manufacturing - Textiles
₹28.03
₹-2.63(-8.58%)
Indian Market opens in 11h 4m

Shine Fashions (India) Limited (SHINEFASH.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shine Fashions (India) Limited (BSE:SHINEFASH.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SHINEFASH.BO Technical Analysis Summary

Shine Fashions (India) Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.98)
Trend Strength:Weak (ADX: 14.84)
Volatility:High (ATR: 1.81)
Support/Resistance:$29.10 – $33.68 (Bollinger Bands)

This mix signals that Shine Fashions (India) Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.98

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 26.85

Bearish
Momentum remains weak below midpoint.

Williams %R: -92.49

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -14.07

Strongly Bearish
Sharp downside momentum.

Takeaway:Shine Fashions (India) Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.87

Bullish
Bullish, trend momentum is strengthening.

ADX: 14.84

Weak
Weak trend, market trading sideways.

ATR (14): 1.81

Low
Low volatility, stable price action.

CCI (14): -175.74

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Shine Fashions (India) Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$33.68
Middle Band (SMA 20)
$31.39
Lower Band
$29.10
Current Position
Below Lower Band

Takeaway:Shine Fashions (India) Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$33.86
Middle Line (EMA 20)
$30.24
Lower Channel
$26.61
Squeeze Status
Squeeze On

Takeaway:Shine Fashions (India) Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.01M
Money Flow Index31.44Bearish, selling pressure outweighs inflows.
Relative Vigor Index38.27Bearish, price momentum favors sellers.

Overall Takeaway:SHINEFASH.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Shine Fashions (India) Limited, here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Shine Fashions (India) Limited are mixed, suggesting a Hold or wait-and-see approach.

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