(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 17219
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 9.06 | 9.29 | 9.29 | 8.90 | 0.928 times |
| 19 Thu May 2022 | 8.86 | 9.20 | 9.20 | 8.85 | 0.77 times |
| 18 Wed May 2022 | 9.31 | 9.12 | 9.56 | 8.90 | 0.866 times |
| 17 Tue May 2022 | 9.12 | 9.00 | 9.12 | 8.75 | 0.595 times |
| 16 Mon May 2022 | 8.69 | 8.50 | 8.70 | 8.25 | 1.325 times |
| 13 Fri May 2022 | 8.30 | 8.43 | 8.43 | 8.06 | 1.232 times |
| 12 Thu May 2022 | 8.03 | 8.55 | 8.60 | 7.96 | 1.551 times |
| 11 Wed May 2022 | 8.37 | 8.90 | 9.00 | 8.35 | 0.94 times |
| 10 Tue May 2022 | 8.78 | 9.00 | 9.00 | 8.73 | 0.432 times |
| 09 Mon May 2022 | 8.83 | 9.60 | 9.60 | 8.81 | 1.547 times |
My analysis of stock is bearish for shortterm, and stock might move down till 8.6 or till 7.6. Use a stoploss of 9.4 and if the stock hits stoploss, then it can shoot up till 10.22
Share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Target | 7.96 |
| Downside Target | 8.25 |
| Downside Target | 9.05 |
| Upside Target | 9.50 |
| Upside Target | 10.30 |
| Upside Target | 11.00 |
| Upside Target | 11.05 |
| Upside Target | 11.45 |
| Upside Target | 11.69 |
| Upside Target | 13.02 |
| Upside Target | 13.50 |
| Upside Target | 16.23 |
Intraday share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Intraday Target | 8.35 |
| Downside Intraday Target | 7.65 |
| Upside Intraday Target | 9.66 |
| Upside Intraday Target | 10.27 |
| Downside Intraday Target | 8.96 |
Weekly technical analysis of Bihar Sponge (BiharSponge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 9.06 | 8.50 | 9.56 | 8.25 | 0.786 times |
| 13 Fri May 2022 | 8.30 | 9.60 | 9.60 | 7.96 | 0.813 times |
| 06 Fri May 2022 | 9.27 | 9.94 | 10.30 | 9.05 | 0.621 times |
| 29 Fri Apr 2022 | 9.74 | 10.98 | 11.05 | 9.63 | 0.638 times |
| 22 Fri Apr 2022 | 10.73 | 11.33 | 11.45 | 10.50 | 3.212 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 |
| 20 Fri May 2022 | 9.06 | 9.94 | 10.30 | 7.96 | 0.35 times |
| 29 Fri Apr 2022 | 9.74 | 11.00 | 11.69 | 9.63 | 0.842 times |
| 31 Thu Mar 2022 | 10.73 | 9.50 | 13.50 | 9.50 | 0.933 times |
| 28 Mon Feb 2022 | 9.99 | 13.02 | 13.02 | 9.63 | 0.428 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 | 22, 21, 4 | Buy |
| MACD | -1, -1 | Buy |
| Stochastics | 63 | None |
| CCI | 66 | Buy |
| RSI | 48 | Sell |
| OBV | -172724 | Sell |
| VWAP | 9 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short 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.
Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short 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.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Bihar Sponge in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bihar Sponge in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Bihar Sponge is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 8.66 and Bihar Sponge (BiharSponge) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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