(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 2022-11-04 View latest technical analysis
10 day averaged volume of Bihar Sponge is 10770
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 8.57 | 8.65 | 8.85 | 8.39 | 3.022 times |
| 03 Thu Nov 2022 | 8.83 | 8.50 | 8.84 | 8.45 | 1.612 times |
| 02 Wed Nov 2022 | 8.55 | 8.90 | 9.00 | 8.40 | 2.047 times |
| 01 Tue Nov 2022 | 8.72 | 8.99 | 8.99 | 8.63 | 0.878 times |
| 31 Mon Oct 2022 | 8.62 | 8.60 | 8.99 | 8.25 | 1.279 times |
| 28 Fri Oct 2022 | 8.59 | 8.84 | 8.84 | 8.35 | 0.426 times |
| 27 Thu Oct 2022 | 8.45 | 8.31 | 8.80 | 8.31 | 0.862 times |
| 25 Tue Oct 2022 | 8.54 | 8.68 | 8.69 | 8.10 | 0.992 times |
| 24 Mon Oct 2022 | 8.28 | 8.45 | 8.80 | 8.10 | 0.463 times |
| 21 Fri Oct 2022 | 8.45 | 8.35 | 8.60 | 8.01 | 0.996 times |
Stock of Bihar Sponge (BiharSponge) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 8.5 or till 8.3. Use a stoploss of 8.6 and if the stock hits stoploss, then it can shoot up till 8.75
Share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Target | 8.01 |
| Upside Target | 8.73 |
| Upside Target | 8.84 |
| Upside Target | 9.00 |
| Upside Target | 9.08 |
| Upside Target | 9.24 |
| Upside Target | 9.28 |
| Upside Target | 9.29 |
| Upside Target | 9.92 |
Intraday share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Intraday Target | 8.21 |
| Downside Intraday Target | 7.86 |
| Upside Intraday Target | 8.96 |
| Upside Intraday Target | 9.36 |
| Upside Intraday Target | 8.61 |
Weekly technical analysis of Bihar Sponge (BiharSponge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 8.57 | 8.60 | 9.00 | 8.25 | 3.222 times |
| 28 Fri Oct 2022 | 8.59 | 8.45 | 8.84 | 8.10 | 0.743 times |
| 21 Fri Oct 2022 | 8.45 | 8.33 | 8.73 | 8.01 | 0.67 times |
| 14 Fri Oct 2022 | 8.69 | 9.28 | 9.28 | 8.48 | 0.835 times |
| 07 Fri Oct 2022 | 8.88 | 8.70 | 9.08 | 8.32 | 0.762 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 |
| 04 Fri Nov 2022 | 8.57 | 8.99 | 9.00 | 8.39 | 0.381 times |
| 31 Mon Oct 2022 | 8.62 | 8.70 | 9.28 | 8.01 | 0.389 times |
| 30 Fri Sep 2022 | 8.70 | 9.05 | 9.24 | 8.25 | 1.587 times |
| 30 Tue Aug 2022 | 8.83 | 9.00 | 9.29 | 8.22 | 1.522 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, 12, 9 | Sell |
| MACD | -0, -0 | Buy |
| Stochastics | 65 | None |
| CCI | 22 | Sell |
| RSI | 51 | Buy |
| OBV | 4629 | Sell |
| VWAP | 9 | Sell |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short 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 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 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 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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 8.59 and Bihar Sponge (BiharSponge) stock is trading below this level. This means that stock is falling with high volumes. 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.
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