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Shoprite Holdings Limited

SRGHY•PNK
Consumer Cyclical
Department Stores
$16.53
$0.66(4.16%)
U.S. Market is Open • 09:32

Shoprite Holdings Limited (SRGHY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shoprite Holdings Limited (PNK:SRGHY).

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

SRGHY Technical Analysis Summary

Shoprite Holdings Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 53.94)
Trend Strength:Weak (ADX: 13.78)
Volatility:Medium (ATR: 0.52)
Support/Resistance:$15.31 – $16.51 (Bollinger Bands)

This mix signals that Shoprite Holdings Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 53.94

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 75.51

Bullish
Buying momentum building without extremes.

Williams %R: -8.33

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.35

Bullish
Steady upward momentum.

Takeaway:Shoprite Holdings Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.08

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.78

Weak
Weak trend, market trading sideways.

ATR (14): 0.52

Low
Low volatility, stable price action.

CCI (14): 105.57

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Shoprite Holdings Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$16.51
Middle Band (SMA 20)
$15.91
Lower Band
$15.31
Current Position
Above Upper Band

Takeaway:Shoprite Holdings Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$17.13
Middle Line (EMA 20)
$16.08
Lower Channel
$15.03
Squeeze Status
Squeeze On

Takeaway:Shoprite Holdings Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume6.78K
Money Flow Index49.92Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.88Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SRGHY shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Shoprite Holdings Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Shoprite Holdings Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ