(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 2022-11-09 View latest technical analysis
10 day averaged volume of Bihar Sponge is 14384
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Nov 2022 | 8.87 | 8.70 | 9.00 | 8.40 | 1.637 times |
| 07 Mon Nov 2022 | 8.73 | 8.40 | 8.95 | 8.21 | 1.328 times |
| 04 Fri Nov 2022 | 8.57 | 8.65 | 8.85 | 8.39 | 2.263 times |
| 03 Thu Nov 2022 | 8.83 | 8.50 | 8.84 | 8.45 | 1.207 times |
| 02 Wed Nov 2022 | 8.55 | 8.90 | 9.00 | 8.40 | 1.533 times |
| 01 Tue Nov 2022 | 8.72 | 8.99 | 8.99 | 8.63 | 0.658 times |
| 31 Mon Oct 2022 | 8.62 | 8.60 | 8.99 | 8.25 | 0.958 times |
| 28 Fri Oct 2022 | 8.59 | 8.84 | 8.84 | 8.35 | 0.319 times |
| 27 Thu Oct 2022 | 8.45 | 8.31 | 8.80 | 8.31 | 0.646 times |
| 25 Tue Oct 2022 | 8.54 | 8.68 | 8.69 | 8.10 | 0.743 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8.8, but if it comes below 8.8, then a intra day sell could be more profitable.
If you take a sell trade below 8.8, then use 8.8 as stoploss and 8.61 as target. However if you take a buy trade in stock , then use 8.8 as stoploss and 8.9 as target.
Share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Target | 8.01 |
| Downside Target | 8.48 |
| Downside Target | 8.73 |
| 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 | 8.39 |
| Downside Intraday Target | 7.9 |
| Upside Intraday Target | 9.18 |
| Upside Intraday Target | 9.48 |
| Downside Intraday Target | 8.69 |
Weekly technical analysis of Bihar Sponge (BiharSponge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Nov 2022 | 8.87 | 8.40 | 9.00 | 8.21 | 0.448 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 |
| 09 Wed Nov 2022 | 8.87 | 8.99 | 9.00 | 8.21 | 0.581 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, 11, 9 | Sell |
| MACD | -0, -0 | Buy |
| Stochastics | 71 | Buy |
| CCI | 113 | Buy |
| RSI | 51 | Buy |
| OBV | 2533 | Sell |
| VWAP | 9 | Buy |
| ADL | 0 | Sell |
| ROC | 7 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short 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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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.
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 but buying is losing 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 8.66 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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