(BiharSponge) Bihar Sponge complete technical analysis [charts+indicators] | Buy/Sell Bihar Sponge | (BiharSponge) share price targets
Complete technical analysis of Bihar Sponge (BiharSponge) by charts plus indicators, forecast predictions and share price targets for Bihar Sponge (BiharSponge)
10 day averaged volume of Bihar Sponge is 14899
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Jul 2022 | 8.37 | 8.79 | 8.79 | 8.07 | 0.549 times |
| 30 Thu Jun 2022 | 8.49 | 8.25 | 8.54 | 8.25 | 0.474 times |
| 29 Wed Jun 2022 | 8.23 | 8.01 | 8.69 | 7.97 | 0.871 times |
| 28 Tue Jun 2022 | 8.38 | 8.75 | 8.75 | 8.13 | 2.831 times |
| 27 Mon Jun 2022 | 8.55 | 8.50 | 8.84 | 8.35 | 0.668 times |
| 24 Fri Jun 2022 | 8.45 | 9.05 | 9.05 | 8.21 | 0.903 times |
| 23 Thu Jun 2022 | 8.62 | 8.85 | 8.85 | 8.25 | 0.737 times |
| 22 Wed Jun 2022 | 8.43 | 9.00 | 9.00 | 8.37 | 0.586 times |
| 21 Tue Jun 2022 | 8.81 | 9.00 | 9.00 | 8.45 | 0.741 times |
| 20 Mon Jun 2022 | 8.67 | 8.50 | 9.19 | 8.48 | 1.18 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8.3 as stoploss in an intra day buy trade for a target of 9.03. However, stock will show a bearish move below 8.3.
Share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Target | 7.96 |
| Upside Target | 8.55 |
| Upside Target | 8.79 |
| Upside Target | 9.19 |
| Upside Target | 9.50 |
| Upside Target | 9.87 |
| Upside Target | 10.54 |
| Upside Target | 11.02 |
| Upside Target | 11.06 |
| Upside Target | 11.69 |
| Upside Target | 12.79 |
| Upside Target | 13.50 |
Intraday share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Intraday Target | 7.95 |
| Downside Intraday Target | 7.52 |
| Upside Intraday Target | 8.82 |
| Upside Intraday Target | 9.26 |
| Upside Intraday Target | 8.39 |
Weekly technical analysis of Bihar Sponge (BiharSponge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Jul 2022 | 8.37 | 8.50 | 8.84 | 7.97 | 1.301 times |
| 24 Fri Jun 2022 | 8.45 | 8.50 | 9.19 | 8.21 | 0.446 times |
| 17 Fri Jun 2022 | 8.92 | 9.68 | 9.87 | 8.55 | 0.668 times |
| 10 Fri Jun 2022 | 9.32 | 11.02 | 11.02 | 8.99 | 0.416 times |
| 03 Fri Jun 2022 | 11.60 | 10.54 | 12.79 | 10.54 | 4.258 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Bihar Sponge (BiharSponge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Fri Jul 2022 | 8.37 | 8.79 | 8.79 | 8.07 | 0.009 times |
| 30 Thu Jun 2022 | 8.49 | 11.61 | 12.79 | 7.97 | 1.992 times |
| 31 Tue May 2022 | 11.06 | 9.94 | 11.06 | 7.96 | 0.549 times |
| 29 Fri Apr 2022 | 9.74 | 11.00 | 11.69 | 9.63 | 0.842 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Bihar Sponge (BiharSponge)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 16, 20, 13 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 30 | Sell |
| CCI | -72 | Sell |
| RSI | 53 | Buy |
| OBV | -674582 | Sell |
| VWAP | 8 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
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 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 mid to longer 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.
ADX buy sell signal for Bihar Sponge stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bihar Sponge in short term and the sell signal is strong.
Bihar Sponge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 and the buying is gaining 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 8.48 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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