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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 2022-09-20 View latest technical analysis

10 day averaged volume of Bihar Sponge is 25596

Date Daily Closing Price Open High Low Volume
20 Tue Sep 2022 8.95 9.05 9.10 8.62 0.654 times
19 Mon Sep 2022 8.74 9.10 9.10 8.55 0.172 times
16 Fri Sep 2022 8.92 8.85 9.05 8.60 0.265 times
15 Thu Sep 2022 8.99 8.99 9.00 8.50 2.353 times
14 Wed Sep 2022 8.71 8.79 8.79 8.25 1.231 times
13 Tue Sep 2022 8.60 8.80 8.80 8.53 0.739 times
12 Mon Sep 2022 8.59 8.53 8.88 8.53 0.332 times
09 Fri Sep 2022 8.52 8.45 8.78 8.42 0.65 times
08 Thu Sep 2022 8.59 8.60 8.89 8.45 1.028 times
07 Wed Sep 2022 8.69 8.89 8.89 8.42 1.193 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8.9, but if it comes below 8.9, then a intra day sell could be more profitable.
If you take a sell trade below 8.9, then use 8.9 as stoploss and 8.74 as target. However if you take a buy trade in stock , then use 8.9 as stoploss and 9.1 as target.

Share price targets for Bihar Sponge (BiharSponge)

Target Type Value
Downside Target 7.96
Downside Target 8.45
Downside Target 8.93
Upside Target 9.05
Upside Target 9.10
Upside Target 9.15
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 8.63
Downside Intraday Target 8.32
Upside Intraday Target 9.18
Upside Intraday Target 9.42
Downside Intraday Target 8.87

Weekly technical analysis of Bihar Sponge (BiharSponge)

Date Weekly Closing Price Open High Low Volume
20 Tue Sep 2022 8.95 9.10 9.10 8.55 0.168 times
16 Fri Sep 2022 8.92 8.53 9.05 8.25 0.721 times
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

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
20 Tue Sep 2022 8.95 9.05 9.15 8.25 1.15 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 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 10, 10, 0 Sell
MACD -0, -0Buy
Stochastics 75Buy
CCI 114Buy
RSI 58Buy
OBV -33705Sell
VWAP 9Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 8.77 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 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 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

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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