(BiharSponge) Bihar Sponge Renko charts technical analysis
(BiharSponge) Bihar Sponge Renko charts technical analysis Renko analysis of Bihar Sponge | Buy/Sell Bihar Sponge
10 day averaged volume of Bihar Sponge is 142276
| Date | Closing Price | Open | High | Low | Volume |
| 25 Tue Jan 2022 | 12.49 | 12.44 | 12.95 | 12.44 | 0.046 Mn |
| 24 Mon Jan 2022 | 13.09 | 13.81 | 14.00 | 13.09 | 0.049 Mn |
| 21 Fri Jan 2022 | 13.77 | 14.50 | 14.50 | 13.20 | 0.066 Mn |
| 20 Thu Jan 2022 | 13.89 | 14.05 | 14.10 | 12.92 | 0.121 Mn |
| 19 Wed Jan 2022 | 13.59 | 14.48 | 14.67 | 13.56 | 0.1 Mn |
| 18 Tue Jan 2022 | 14.27 | 14.50 | 14.85 | 13.90 | 0.143 Mn |
| 17 Mon Jan 2022 | 14.38 | 13.27 | 14.65 | 13.27 | 0.348 Mn |
| 14 Fri Jan 2022 | 13.96 | 13.96 | 13.96 | 13.96 | 0.048 Mn |
| 13 Thu Jan 2022 | 14.69 | 16.23 | 16.23 | 14.69 | 0.307 Mn |
| 12 Wed Jan 2022 | 15.46 | 15.46 | 15.46 | 15.46 | 0.205 Mn |
Indicators analysis of Bihar Sponge (BiharSponge)
Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Bihar Sponge ( (BiharSponge) ) 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 Bihar Sponge stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Bihar Sponge in short term but the sell signal is initial and weak.
Bihar Sponge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 coming down
CCI has generated a SELL signal for Bihar Sponge in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Bihar Sponge is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 14.35 and Bihar Sponge (BiharSponge) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Bihar Sponge (BiharSponge) stock. Volume based technical analysis of Bihar Sponge (BiharSponge) stock is negative.
Bihar Sponge Stock has given negative 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.
Renko charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 23, 28, 11 | Sell |
| MACD | 2, 2 | Sell |
| Stochastics | 11 | Sell |
| CCI | -163 | Sell |
| RSI | 55 | Buy |
| OBV | 1046394 | Sell |
| VWAP | 14 | Sell |
| ADL | 0 | Sell |
| ROC | -15 | Sell |
| Force Index | 0 | Sell |
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