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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)

10 day averaged volume of Bihar Sponge is 152805

Date Daily Closing Price Open High Low Volume
21 Wed Feb 2024 16.73 17.65 17.70 16.65 0.375 times
20 Tue Feb 2024 17.35 17.56 17.65 16.55 1.649 times
19 Mon Feb 2024 17.22 17.44 17.99 16.71 0.657 times
16 Fri Feb 2024 17.44 17.85 18.00 17.05 0.538 times
15 Thu Feb 2024 17.90 17.04 18.78 17.04 1.535 times
14 Wed Feb 2024 17.93 17.93 17.93 17.93 0.232 times
13 Tue Feb 2024 18.87 18.87 18.87 18.87 0.14 times
12 Mon Feb 2024 19.86 19.91 21.00 19.86 0.74 times
09 Fri Feb 2024 20.90 21.56 21.56 19.70 1.302 times
08 Thu Feb 2024 20.73 22.25 22.44 20.59 1.322 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.9, but if it comes above 17.9, then a intra day buy could be more profitable.
If you take a sell trade below 17.9, then use 17.9 as stoploss and 16 as target. However if you take a buy trade in stock , then use 17.9 as stoploss and 19.38 as target.

Share price targets for Bihar Sponge (BiharSponge)

Target Type Value
Downside Target 8.87
Downside Target 9.30
Downside Target 9.50
Downside Target 10.21
Downside Target 10.80
Downside Target 11.24
Downside Target 11.60
Downside Target 16.55
Upside Target 17.04
Upside Target 17.99
Upside Target 19.32
Upside Target 21.00
Upside Target 21.29
Upside Target 22.44

Intraday share price targets for Bihar Sponge (BiharSponge)

Target Type Value
Downside Intraday Target 16.19
Downside Intraday Target 15.65
Upside Intraday Target 17.63
Upside Intraday Target 18.53
Upside Intraday Target 17.09

Weekly technical analysis of Bihar Sponge (BiharSponge)

Date Weekly Closing Price Open High Low Volume
21 Wed Feb 2024 16.73 17.44 17.99 16.55 0.842 times
16 Fri Feb 2024 17.44 19.91 21.00 17.04 0.267 times
09 Fri Feb 2024 20.90 21.09 22.44 19.70 1.331 times
02 Fri Feb 2024 20.09 20.28 21.29 18.26 1.124 times
25 Thu Jan 2024 19.32 16.70 19.32 16.66 0.725 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
21 Wed Feb 2024 16.73 19.22 22.44 16.55 0.648 times
31 Wed Jan 2024 20.23 10.79 21.29 10.21 4.42 times
29 Fri Dec 2023 10.60 10.73 10.80 9.50 1.13 times
30 Thu Nov 2023 10.52 10.08 11.24 9.30 0.73 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)

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Bihar Sponge in short term but the sell signal is initial and weak.

Bihar Sponge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 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 18.75 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.

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Bihar Sponge in short term but the sell signal is initial and weak.

Bihar Sponge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 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 18.75 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.

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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