(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 2022-05-24 View latest technical analysis
10 day averaged volume of Bihar Sponge is 16151
|Date||Daily Closing Price||Open||High||Low||Volume|
|24 Tue May 2022||8.69||8.90||9.10||8.51||0.828 times|
|23 Mon May 2022||8.95||9.41||9.41||8.70||0.788 times|
|20 Fri May 2022||9.06||9.29||9.29||8.90||0.99 times|
|19 Thu May 2022||8.86||9.20||9.20||8.85||0.821 times|
|18 Wed May 2022||9.31||9.12||9.56||8.90||0.923 times|
|17 Tue May 2022||9.12||9.00||9.12||8.75||0.635 times|
|16 Mon May 2022||8.69||8.50||8.70||8.25||1.413 times|
|13 Fri May 2022||8.30||8.43||8.43||8.06||1.314 times|
|12 Thu May 2022||8.03||8.55||8.60||7.96||1.654 times|
|11 Wed May 2022||8.37||8.90||9.00||8.35||1.002 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 8.5 as stoploss in an intra day buy trade for a target of 9.21. However, stock will show a bearish move below 8.5.
Share price targets for Bihar Sponge (BiharSponge)
Intraday share price targets for Bihar Sponge (BiharSponge)
|Downside Intraday Target||8.33|
|Downside Intraday Target||7.97|
|Upside Intraday Target||9.23|
|Upside Intraday Target||9.77|
|Upside Intraday Target||8.87|
Weekly technical analysis of Bihar Sponge (BiharSponge)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|24 Tue May 2022||8.69||9.41||9.41||8.51||0.338 times|
|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|
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|
|24 Tue May 2022||8.69||9.94||10.30||7.96||0.381 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||19, 24, 12||Sell|
Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 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 8.65 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.