(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 12490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 8.87 | 9.09 | 9.15 | 8.55 | 0.735 times |
| 11 Thu Aug 2022 | 8.95 | 9.00 | 9.20 | 8.82 | 0.735 times |
| 10 Wed Aug 2022 | 8.97 | 9.25 | 9.25 | 8.75 | 0.897 times |
| 08 Mon Aug 2022 | 8.87 | 8.51 | 9.10 | 8.51 | 1.115 times |
| 05 Fri Aug 2022 | 8.82 | 9.15 | 9.29 | 8.80 | 1.92 times |
| 04 Thu Aug 2022 | 8.95 | 8.66 | 9.24 | 8.60 | 1.625 times |
| 03 Wed Aug 2022 | 8.82 | 9.10 | 9.10 | 8.61 | 1.35 times |
| 02 Tue Aug 2022 | 9.00 | 8.91 | 9.00 | 8.50 | 0.725 times |
| 01 Mon Aug 2022 | 8.92 | 9.00 | 9.00 | 8.55 | 0.702 times |
| 30 Sat Jul 2022 | 8.81 | 9.22 | 9.22 | 8.65 | 0.435 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 8.8 as stoploss in an intra day buy trade for a target of 8.96. However, stock will show a bearish move below 8.8.
Share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Target | 7.96 |
| Downside Target | 8.30 |
| Downside Target | 8.50 |
| Upside Target | 9.14 |
| Upside Target | 9.29 |
| Upside Target | 9.63 |
| Upside Target | 9.65 |
| Upside Target | 9.92 |
| Upside Target | 11.06 |
| Upside Target | 11.69 |
| Upside Target | 12.79 |
Intraday share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Intraday Target | 8.5 |
| Downside Intraday Target | 8.14 |
| Upside Intraday Target | 9.24 |
| Upside Intraday Target | 9.62 |
| Upside Intraday Target | 8.88 |
Weekly technical analysis of Bihar Sponge (BiharSponge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 8.87 | 8.51 | 9.25 | 8.51 | 0.551 times |
| 05 Fri Aug 2022 | 8.82 | 9.00 | 9.29 | 8.50 | 2.258 times |
| 30 Sat Jul 2022 | 8.81 | 9.92 | 9.92 | 8.55 | 0.373 times |
| 22 Fri Jul 2022 | 9.58 | 8.70 | 9.65 | 8.30 | 2.536 times |
| 15 Fri Jul 2022 | 8.86 | 8.79 | 9.14 | 8.31 | 0.69 times |
Price has moved up 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 |
| 12 Fri Aug 2022 | 8.87 | 9.00 | 9.29 | 8.50 | 0.539 times |
| 30 Sat Jul 2022 | 8.81 | 8.79 | 9.92 | 8.07 | 0.245 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 |
Scroll below to view daily charts
Price has moved up 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 | 9, 17, 29 | Sell |
| MACD | -0, -0 | Buy |
| Stochastics | 54 | None |
| CCI | -44 | Sell |
| RSI | 56 | Buy |
| OBV | 35782 | Sell |
| VWAP | 9 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Bihar Sponge in short term but the buy signal is initial and weak.
Bihar Sponge Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 8.89 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 is giving positive 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.
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