Short-Term Price Movement and Volatility
Shanti Educational Initiatives has experienced a consecutive three-day decline, shedding approximately 5.12% over this period. On 16-Dec, the stock traded within a wide intraday range of ₹17.85, touching a low of ₹165, which represents an 8% drop from recent levels. The weighted average price indicates that a greater volume of shares exchanged hands closer to the day’s low, signalling selling pressure. This heightened volatility is further underscored by an intraday volatility measure of 5.13%, reflecting significant price swings within the trading session.
Additionally, the stock’s moving averages reveal a mixed technical picture. While the current price remains above the 50-day, 100-day, and 200-day moving averages, it is trad...
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