(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 2022-09-09 View latest technical analysis
10 day averaged volume of Bihar Sponge is 27582
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Sep 2022 | 8.52 | 8.45 | 8.78 | 8.42 | 0.604 times |
| 08 Thu Sep 2022 | 8.59 | 8.60 | 8.89 | 8.45 | 0.954 times |
| 07 Wed Sep 2022 | 8.69 | 8.89 | 8.89 | 8.42 | 1.107 times |
| 06 Tue Sep 2022 | 8.55 | 8.25 | 8.93 | 8.25 | 1.89 times |
| 05 Mon Sep 2022 | 8.56 | 8.45 | 8.75 | 8.45 | 1.773 times |
| 02 Fri Sep 2022 | 8.87 | 9.00 | 9.15 | 8.61 | 1.55 times |
| 01 Thu Sep 2022 | 8.95 | 9.05 | 9.10 | 8.56 | 1.21 times |
| 30 Tue Aug 2022 | 8.83 | 8.94 | 9.03 | 8.55 | 0.197 times |
| 29 Mon Aug 2022 | 8.83 | 8.55 | 8.97 | 8.45 | 0.589 times |
| 26 Fri Aug 2022 | 8.72 | 8.50 | 8.80 | 8.50 | 0.293 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 8.5, for a target of 8.6 or 8.75
Share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Target | 7.96 |
| Upside Target | 8.93 |
| Upside Target | 9.00 |
| Upside Target | 9.15 |
| Upside Target | 9.25 |
| Upside Target | 9.28 |
| Upside Target | 9.29 |
| Upside Target | 9.92 |
| Upside Target | 11.06 |
| Upside Target | 12.79 |
Intraday share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Intraday Target | 8.2 |
| Downside Intraday Target | 7.89 |
| Upside Intraday Target | 8.88 |
| Upside Intraday Target | 9.25 |
| Upside Intraday Target | 8.57 |
Weekly technical analysis of Bihar Sponge (BiharSponge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Sep 2022 | 8.52 | 8.45 | 8.93 | 8.25 | 1.785 times |
| 02 Fri Sep 2022 | 8.87 | 8.55 | 9.15 | 8.45 | 0.952 times |
| 26 Fri Aug 2022 | 8.72 | 8.69 | 9.00 | 8.22 | 1.037 times |
| 19 Fri Aug 2022 | 8.69 | 8.70 | 9.28 | 8.40 | 2.278 times |
| 12 Fri Aug 2022 | 8.87 | 8.51 | 9.25 | 8.51 | 0.551 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bihar Sponge (BiharSponge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Fri Sep 2022 | 8.52 | 9.05 | 9.15 | 8.25 | 0.725 times |
| 30 Tue Aug 2022 | 8.83 | 9.00 | 9.29 | 8.22 | 1.522 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 |
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 | 10, 10, 0 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 39 | None |
| CCI | -87 | Sell |
| RSI | 60 | Buy |
| OBV | -235253 | Sell |
| VWAP | 9 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 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
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 SELL signal for Bihar Sponge in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 8.69 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.
Click here for Bihar Sponge charts
Click here for further forecast and predictions for tomorrow