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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 2022-08-10 View latest technical analysis

10 day averaged volume of Bihar Sponge is 12166

Date Daily Closing Price Open High Low Volume
10 Wed Aug 2022 8.97 9.25 9.25 8.75 0.921 times
08 Mon Aug 2022 8.87 8.51 9.10 8.51 1.144 times
05 Fri Aug 2022 8.82 9.15 9.29 8.80 1.971 times
04 Thu Aug 2022 8.95 8.66 9.24 8.60 1.668 times
03 Wed Aug 2022 8.82 9.10 9.10 8.61 1.386 times
02 Tue Aug 2022 9.00 8.91 9.00 8.50 0.745 times
01 Mon Aug 2022 8.92 9.00 9.00 8.55 0.721 times
29 Fri Jul 2022 8.81 9.22 9.22 8.65 0.447 times
28 Thu Jul 2022 8.81 9.10 9.10 8.80 0.51 times
27 Wed Jul 2022 8.83 8.80 9.23 8.55 0.423 times

My analysis of stock is bullish for shortterm, and stock might move up till 9.1 or till 9.4. Use a stoploss of 8.95 and if this stock hits its stoploss, then it can fall down till 8.76

Share price targets for Bihar Sponge (BiharSponge)

Target Type Value
Downside Target 7.96
Downside Target 8.30
Downside Target 8.50
Upside Target 9.14
Upside Target 9.29
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 8.57
Downside Intraday Target 8.17
Upside Intraday Target 9.31
Upside Intraday Target 9.65
Downside Intraday Target 8.91

Weekly technical analysis of Bihar Sponge (BiharSponge)

Date Weekly Closing Price Open High Low Volume
10 Wed Aug 2022 8.97 8.51 9.25 8.51 0.318 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
10 Wed Aug 2022 8.97 9.00 9.29 8.50 0.458 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 13, 15, 7 Sell
MACD -0, -0Buy
Stochastics 40None
CCI 138Buy
RSI 53Buy
OBV 50292Sell
VWAP 9Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short to mid 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 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.

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 green color and prices are in or below the green cloud Prices appear to be moving up

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 but buying 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 8.88 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 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.

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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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