(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 11125
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Aug 2022 | 8.82 | 9.15 | 9.29 | 8.80 | 2.155 times |
| 04 Thu Aug 2022 | 8.95 | 8.66 | 9.24 | 8.60 | 1.824 times |
| 03 Wed Aug 2022 | 8.82 | 9.10 | 9.10 | 8.61 | 1.515 times |
| 02 Tue Aug 2022 | 9.00 | 8.91 | 9.00 | 8.50 | 0.814 times |
| 01 Mon Aug 2022 | 8.92 | 9.00 | 9.00 | 8.55 | 0.789 times |
| 30 Sat Jul 2022 | 8.81 | 9.22 | 9.22 | 8.65 | 0.489 times |
| 28 Thu Jul 2022 | 8.81 | 9.10 | 9.10 | 8.80 | 0.558 times |
| 27 Wed Jul 2022 | 8.83 | 8.80 | 9.23 | 8.55 | 0.462 times |
| 26 Tue Jul 2022 | 8.92 | 9.00 | 9.45 | 8.80 | 1.078 times |
| 25 Mon Jul 2022 | 9.26 | 9.92 | 9.92 | 9.20 | 0.556 times |
Stock of Bihar Sponge (BiharSponge) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 8.7 or till 8.5. Use a stoploss of 8.93 and if the stock hits stoploss, then it can shoot up till 9.14
Share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Target | 7.96 |
| Downside Target | 8.30 |
| Downside Target | 8.50 |
| Downside Target | 8.79 |
| Upside Target | 9.14 |
| 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 | 8.45 |
| Downside Intraday Target | 8.08 |
| Upside Intraday Target | 9.24 |
| Upside Intraday Target | 9.66 |
| Upside Intraday Target | 8.87 |
Weekly technical analysis of Bihar Sponge (BiharSponge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 08 Fri Jul 2022 | 8.74 | 8.55 | 8.79 | 8.10 | 0.666 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bihar Sponge (BiharSponge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Fri Aug 2022 | 8.82 | 9.00 | 9.29 | 8.50 | 0.347 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 | 13, 13, 0 | Sell |
| MACD | -0, -0 | Buy |
| Stochastics | 26 | Sell |
| CCI | 6 | Buy |
| RSI | 56 | Buy |
| OBV | 37903 | Sell |
| VWAP | 9 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid 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 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 BUY signal for Bihar Sponge in short term but the buy 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 below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Bihar Sponge in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 8.9 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.
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