Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-11-07 View latest technical analysis

10 day averaged volume of Bihar Sponge is 13547

Date Daily Closing Price Open High Low Volume
07 Mon Nov 2022 8.73 8.40 8.95 8.21 1.41 times
04 Fri Nov 2022 8.57 8.65 8.85 8.39 2.403 times
03 Thu Nov 2022 8.83 8.50 8.84 8.45 1.282 times
02 Wed Nov 2022 8.55 8.90 9.00 8.40 1.627 times
01 Tue Nov 2022 8.72 8.99 8.99 8.63 0.698 times
31 Mon Oct 2022 8.62 8.60 8.99 8.25 1.017 times
28 Fri Oct 2022 8.59 8.84 8.84 8.35 0.339 times
27 Thu Oct 2022 8.45 8.31 8.80 8.31 0.686 times
25 Tue Oct 2022 8.54 8.68 8.69 8.10 0.789 times
24 Mon Oct 2022 8.28 8.45 8.80 8.10 0.368 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 8.8 as stoploss in an intra day sell trade for a target of 8.61. However, stock will show a bullish move above 8.8.

Share price targets for Bihar Sponge (BiharSponge)

Target Type Value
Downside Target 8.01
Downside Target 8.48
Downside Target 8.73
Upside Target 8.95
Upside Target 9.00
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 8.31
Downside Intraday Target 7.89
Upside Intraday Target 9.05
Upside Intraday Target 9.37
Downside Intraday Target 8.63

Weekly technical analysis of Bihar Sponge (BiharSponge)

Date Weekly Closing Price Open High Low Volume
07 Mon Nov 2022 8.73 8.40 8.95 8.21 0.201 times
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

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
07 Mon Nov 2022 8.73 8.99 9.00 8.21 0.471 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 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 9, 13, 17 Sell
MACD -0, -0Buy
Stochastics 70None
CCI 28Buy
RSI 51Buy
OBV 23729Sell
VWAP 9Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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 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 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

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 8.61 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

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme