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(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 2022-08-02 View latest technical analysis

10 day averaged volume of Bihar Sponge is 11942

Date Daily Closing Price Open High Low Volume
02 Tue Aug 2022 9.00 8.91 9.00 8.50 0.758 times
01 Mon Aug 2022 8.92 9.00 9.00 8.55 0.735 times
29 Fri Jul 2022 8.81 9.22 9.22 8.65 0.455 times
28 Thu Jul 2022 8.81 9.10 9.10 8.80 0.52 times
27 Wed Jul 2022 8.83 8.80 9.23 8.55 0.431 times
26 Tue Jul 2022 8.92 9.00 9.45 8.80 1.004 times
25 Mon Jul 2022 9.26 9.92 9.92 9.20 0.518 times
22 Fri Jul 2022 9.58 9.25 9.65 8.85 1.783 times
21 Thu Jul 2022 9.24 9.34 9.34 9.10 1.519 times
20 Wed Jul 2022 9.01 8.72 9.10 8.30 1.693 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 9.1 as stoploss in an intra day sell trade for a target of 8.88. However, stock will show a bullish move above 9.1.

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
Downside Target 9.00
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 8.67
Downside Intraday Target 8.33
Upside Intraday Target 9.17
Upside Intraday Target 9.33
Downside Intraday Target 8.83

Weekly technical analysis of Bihar Sponge (BiharSponge)

Date Weekly Closing Price Open High Low Volume
02 Tue Aug 2022 9.00 9.00 9.00 8.50 0.51 times
29 Fri 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, 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
02 Tue Aug 2022 9.00 9.00 9.00 8.50 0.078 times
29 Fri 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 2.094 times
31 Tue May 2022 11.06 9.94 11.06 7.96 0.522 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 11, 18, 25 Sell
MACD -0, -0Buy
Stochastics 38None
CCI -63Buy
RSI 56Buy
OBV 43806Sell
VWAP 9Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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

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 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. 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 but buying is losing 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 9.12 and Bihar Sponge (BiharSponge) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.

Click here for Bihar Sponge charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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