(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 2022-11-15 View latest technical analysis
10 day averaged volume of Bihar Sponge is 24635
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Tue Nov 2022 | 9.96 | 9.96 | 9.96 | 9.30 | 4.725 times |
| 14 Mon Nov 2022 | 9.49 | 9.40 | 9.49 | 8.60 | 2.284 times |
| 11 Fri Nov 2022 | 9.04 | 9.00 | 9.30 | 8.72 | 1.592 times |
| 10 Thu Nov 2022 | 8.98 | 8.93 | 9.05 | 8.62 | 0.529 times |
| 09 Wed Nov 2022 | 8.87 | 8.70 | 9.00 | 8.40 | 0.956 times |
| 07 Mon Nov 2022 | 8.73 | 8.40 | 8.95 | 8.21 | 0.775 times |
| 04 Fri Nov 2022 | 8.57 | 8.65 | 8.85 | 8.39 | 1.321 times |
| 03 Thu Nov 2022 | 8.83 | 8.50 | 8.84 | 8.45 | 0.705 times |
| 02 Wed Nov 2022 | 8.55 | 8.90 | 9.00 | 8.40 | 0.895 times |
| 01 Tue Nov 2022 | 8.72 | 8.99 | 8.99 | 8.63 | 0.384 times |
Stock of Bihar Sponge (BiharSponge) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 9.6, for a target of 9.1 or 8.74
Share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Target | 8.01 |
| Downside Target | 8.60 |
| Downside Target | 8.84 |
| Downside Target | 9.00 |
| Downside Target | 9.24 |
| Downside Target | 9.28 |
| Downside Target | 9.29 |
| Downside Target | 9.30 |
| Downside Target | 9.92 |
| Downside Target | 9.96 |
Intraday share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Intraday Target | 9.05 |
| Downside Intraday Target | 8.15 |
| Upside Intraday Target | 10.41 |
| Upside Intraday Target | 10.87 |
| Downside Intraday Target | 9.51 |
Weekly technical analysis of Bihar Sponge (BiharSponge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Tue Nov 2022 | 9.96 | 9.40 | 9.96 | 8.60 | 1.82 times |
| 11 Fri Nov 2022 | 9.04 | 8.40 | 9.30 | 8.21 | 0.997 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 |
Price has moved up 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 |
| 15 Tue Nov 2022 | 9.96 | 8.99 | 9.96 | 8.21 | 1.635 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, 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 | 20, 8, 41 | Buy |
| MACD | 0, 0 | Buy |
| Stochastics | 92 | Buy |
| CCI | 222 | Buy |
| RSI | 59 | Buy |
| OBV | 256738 | Sell |
| VWAP | 9 | Buy |
| ADL | 0 | Sell |
| ROC | 16 | Buy |
| Force Index | 0 | Sell |
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Bihar Sponge in short term and the buy signal is strong.
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 green color and prices are above the green 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 9.29 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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