(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 2022-05-13 View latest technical analysis
10 day averaged volume of Bihar Sponge is 26974
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri May 2022 | 8.30 | 8.43 | 8.43 | 8.06 | 0.787 times |
| 12 Thu May 2022 | 8.03 | 8.55 | 8.60 | 7.96 | 0.99 times |
| 11 Wed May 2022 | 8.37 | 8.90 | 9.00 | 8.35 | 0.6 times |
| 10 Tue May 2022 | 8.78 | 9.00 | 9.00 | 8.73 | 0.276 times |
| 09 Mon May 2022 | 8.83 | 9.60 | 9.60 | 8.81 | 0.988 times |
| 06 Fri May 2022 | 9.27 | 9.50 | 9.67 | 9.05 | 0.473 times |
| 05 Thu May 2022 | 9.44 | 9.70 | 9.88 | 9.11 | 0.838 times |
| 04 Wed May 2022 | 9.50 | 10.30 | 10.30 | 9.33 | 2.412 times |
| 02 Mon May 2022 | 9.82 | 9.94 | 10.22 | 9.80 | 0.754 times |
| 29 Fri Apr 2022 | 9.74 | 10.13 | 10.49 | 9.63 | 1.501 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.9, but if it comes above 8.9, then a intra day buy could be more profitable.
If you take a sell trade below 8.9, then use 8.9 as stoploss and 7.7 as target. However if you take a buy trade in stock , then use 8.9 as stoploss and 9.88 as target.
Share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Target | 7.96 |
| Upside 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 | 11.49 |
| 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 | 7.64 |
| Downside Intraday Target | 6.98 |
| Upside Intraday Target | 9.28 |
| Upside Intraday Target | 10.26 |
| Upside Intraday Target | 8.62 |
Weekly technical analysis of Bihar Sponge (BiharSponge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 13 Wed Apr 2022 | 11.34 | 11.30 | 11.49 | 10.50 | 0.393 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 |
| 13 Fri May 2022 | 8.30 | 9.94 | 10.30 | 7.96 | 0.259 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 | 8, 29, 58 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 6 | Sell |
| CCI | -107 | Buy |
| RSI | 48 | Sell |
| OBV | -347983 | Sell |
| VWAP | 9 | Sell |
| ADL | 0 | Sell |
| ROC | -18 | 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 SELL signal in short term but selling is losing 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 9.14 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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