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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 2022-09-29 View latest technical analysis

10 day averaged volume of Bihar Sponge is 21714

Date Daily Closing Price Open High Low Volume
29 Thu Sep 2022 8.76 8.51 9.05 8.51 0.256 times
28 Wed Sep 2022 8.86 9.10 9.10 8.40 0.993 times
27 Tue Sep 2022 8.84 8.65 9.15 8.36 1.43 times
26 Mon Sep 2022 8.80 9.24 9.24 8.70 0.847 times
23 Fri Sep 2022 8.85 8.70 9.18 8.70 1.65 times
22 Thu Sep 2022 8.75 8.70 8.90 8.70 0.539 times
21 Wed Sep 2022 8.76 9.20 9.20 8.69 0.482 times
20 Tue Sep 2022 8.95 9.05 9.10 8.62 0.771 times
19 Mon Sep 2022 8.74 9.10 9.10 8.55 0.202 times
16 Fri Sep 2022 8.92 8.85 9.05 8.60 0.312 times

My analysis of stock is bullish for shortterm, and stock might move up till 8.9 or till 9.1. Use a stoploss of 8.75 and if this stock hits its stoploss, then it can fall down till 8.61

Share price targets for Bihar Sponge (BiharSponge)

Target Type Value
Downside Target 7.96
Upside Target 8.93
Upside Target 9.05
Upside Target 9.15
Upside Target 9.20
Upside Target 9.24
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 8.33
Downside Intraday Target 7.91
Upside Intraday Target 9.21
Upside Intraday Target 9.67
Upside Intraday Target 8.79

Weekly technical analysis of Bihar Sponge (BiharSponge)

Date Weekly Closing Price Open High Low Volume
29 Thu Sep 2022 8.76 9.24 9.24 8.36 0.967 times
23 Fri Sep 2022 8.85 9.10 9.20 8.55 0.628 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

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
29 Thu Sep 2022 8.76 9.05 9.24 8.25 1.539 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Bihar Sponge (BiharSponge)

Indicator Name Indicator Value Indicator Signal
ADX 9, 11, 9 Sell
MACD -0, -0Buy
Stochastics 54None
CCI -81Sell
RSI 55Buy
OBV 44198Sell
VWAP 9Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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

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.

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. Bulls are getting tired and bears are picking up momentum.

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 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 8.84 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

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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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