(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 2022-08-08 View latest technical analysis
10 day averaged volume of Bihar Sponge is 11393
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||8.87||8.51||9.10||8.51||1.222 times|
|05 Fri Aug 2022||8.82||9.15||9.29||8.80||2.104 times|
|04 Thu Aug 2022||8.95||8.66||9.24||8.60||1.781 times|
|03 Wed Aug 2022||8.82||9.10||9.10||8.61||1.48 times|
|02 Tue Aug 2022||9.00||8.91||9.00||8.50||0.795 times|
|01 Mon Aug 2022||8.92||9.00||9.00||8.55||0.77 times|
|29 Fri Jul 2022||8.81||9.22||9.22||8.65||0.477 times|
|28 Thu Jul 2022||8.81||9.10||9.10||8.80||0.545 times|
|27 Wed Jul 2022||8.83||8.80||9.23||8.55||0.452 times|
|26 Tue Jul 2022||8.92||9.00||9.45||8.80||1.053 times|
My analysis of stock is bearish for shortterm, and stock might move down till 8.7 or till 8.5. Use a stoploss of 8.94 and if the stock hits stoploss, then it can shoot up till 9.14
Share price targets for Bihar Sponge (BiharSponge)
Intraday share price targets for Bihar Sponge (BiharSponge)
|Downside Intraday Target||8.55|
|Downside Intraday Target||8.24|
|Upside Intraday Target||9.14|
|Upside Intraday Target||9.42|
|Downside Intraday Target||8.83|
Weekly technical analysis of Bihar Sponge (BiharSponge)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||8.87||8.51||9.10||8.51||0.176 times|
|05 Fri Aug 2022||8.82||9.00||9.29||8.50||2.258 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|
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|
|08 Mon Aug 2022||8.87||9.00||9.29||8.50||0.409 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, 16, 20||Sell|
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 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 to mid 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 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.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Bihar Sponge in short term and SELL signal is strong!
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 8.88 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.