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Shine Fashions (India) Limited

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

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

SHINEFASH.BO●BSE
IndustrialsManufacturing - Textiles
₹21.66
₹2.32(9.67%)
Indian Market opens in 14h 21m
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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: 42.41)
Trend Strength:Strong (ADX: 34.08)
Volatility:High (ATR: 1.29)
Support/Resistance:$21.19 – $26.94 (Bollinger Bands)

Overall, Shine Fashions (India) Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 42.41

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 45.21

Neutral
Mid-range signal with no clear trend.

Williams %R: -68.03

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -8.44

Strongly Bearish
Sharp downside momentum.

Takeaway:Shine Fashions (India) Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -1.22

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 34.08

Strong
Strong trend, momentum well established.

ATR (14): 1.29

Low
Low volatility, stable price action.

CCI (14): -50.93

Bearish
Bearish, momentum remains under pressure.

Takeaway:Shine Fashions (India) Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$26.94
Middle Band (SMA 20)
$24.07
Lower Band
$21.19
Current Position
Within Bands

Takeaway:Shine Fashions (India) Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$26.77
Middle Line (EMA 20)
$24.19
Lower Channel
$21.61
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume236.00K
Money Flow Index39.17Bearish, selling pressure outweighs inflows.
Relative Vigor Index43.43Neutral to Bearish, sellers hold a slight edge.

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

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Shine Fashions (India) Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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