(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)
Showing technical analysis as on 2021-08-16 View latest technical analysis
10 day averaged volume of Bihar Sponge is 66433
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Aug 2021 | 8.19 | 8.19 | 8.19 | 8.19 | 1.189 times |
| 13 Fri Aug 2021 | 7.80 | 8.40 | 8.61 | 7.80 | 0.699 times |
| 12 Thu Aug 2021 | 8.21 | 8.21 | 9.07 | 8.21 | 0.93 times |
| 11 Wed Aug 2021 | 8.64 | 8.64 | 9.39 | 8.64 | 0.631 times |
| 10 Tue Aug 2021 | 9.09 | 9.74 | 10.03 | 9.09 | 1.12 times |
| 09 Mon Aug 2021 | 9.56 | 8.85 | 9.74 | 8.85 | 0.651 times |
| 06 Fri Aug 2021 | 9.28 | 9.20 | 10.10 | 9.20 | 0.682 times |
| 05 Thu Aug 2021 | 9.68 | 10.25 | 10.30 | 9.54 | 0.654 times |
| 04 Wed Aug 2021 | 10.04 | 10.69 | 10.73 | 9.75 | 1.529 times |
| 03 Tue Aug 2021 | 10.22 | 10.22 | 10.22 | 9.74 | 2.376 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.6, but if it comes above 8.6, then a intra day buy could be more profitable.
If you take a sell trade below 8.6, then use 8.6 as stoploss and 7.8 as target. However if you take a buy trade in stock , then use 8.6 as stoploss and 9.36 as target.
Share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Target | 2.17 |
| Downside Target | 4.40 |
| Downside Target | 6.18 |
| Downside Target | 7.80 |
| Downside Target | 8.19 |
| Upside Target | 9.12 |
| Upside Target | 10.03 |
| Upside Target | 10.56 |
| Upside Target | 10.73 |
| Upside Target | 11.08 |
| Upside Target | 11.54 |
| Upside Target | 13.00 |
Intraday share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Intraday Target | 8.19 |
| Downside Intraday Target | 8.19 |
| Downside Intraday Target | 8.19 |
| Downside Intraday Target | 8.19 |
| Downside Intraday Target | 8.19 |
Weekly technical analysis of Bihar Sponge (BiharSponge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Aug 2021 | 8.19 | 8.19 | 8.19 | 8.19 | 0.295 times |
| 13 Fri Aug 2021 | 7.80 | 8.85 | 10.03 | 7.80 | 0.675 times |
| 06 Fri Aug 2021 | 9.28 | 9.74 | 10.73 | 9.20 | 1.354 times |
| 30 Fri Jul 2021 | 9.28 | 10.56 | 10.56 | 8.40 | 0.667 times |
| 23 Fri Jul 2021 | 10.06 | 10.80 | 11.08 | 9.12 | 0.701 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 |
| 16 Mon Aug 2021 | 8.19 | 9.74 | 10.73 | 7.80 | 0.466 times |
| 30 Fri Jul 2021 | 9.28 | 11.54 | 11.54 | 8.34 | 0.836 times |
| 30 Wed Jun 2021 | 11.77 | 6.30 | 13.00 | 6.30 | 1.974 times |
| 31 Mon May 2021 | 6.18 | 4.48 | 6.18 | 4.48 | 2.58 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 | 17, 32, 31 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 4 | Sell |
| CCI | -107 | Buy |
| RSI | 51 | Buy |
| OBV | 154967 | Sell |
| VWAP | 9 | Sell |
| ADL | 0 | Sell |
| ROC | -16 | 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 Strong 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 moving up
CCI has generated a buy signal for Bihar Sponge in short term but BUY signal is weak.
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
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 9.27 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.
Click here for Bihar Sponge charts
Click here for further forecast and predictions for tomorrow