(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 2022-11-21 View latest technical analysis
10 day averaged volume of Bihar Sponge is 42948
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Nov 2022 | 9.37 | 9.51 | 9.51 | 9.12 | 0.578 times |
| 18 Fri Nov 2022 | 9.59 | 10.00 | 10.05 | 9.59 | 0.918 times |
| 17 Thu Nov 2022 | 10.09 | 10.40 | 10.40 | 9.90 | 0.701 times |
| 16 Wed Nov 2022 | 10.02 | 10.39 | 10.44 | 9.65 | 1.393 times |
| 15 Tue Nov 2022 | 9.96 | 9.96 | 9.96 | 9.30 | 2.71 times |
| 14 Mon Nov 2022 | 9.49 | 9.40 | 9.49 | 8.60 | 1.31 times |
| 11 Fri Nov 2022 | 9.04 | 9.00 | 9.30 | 8.72 | 0.913 times |
| 10 Thu Nov 2022 | 8.98 | 8.93 | 9.05 | 8.62 | 0.303 times |
| 09 Wed Nov 2022 | 8.87 | 8.70 | 9.00 | 8.40 | 0.548 times |
| 07 Mon Nov 2022 | 8.73 | 8.40 | 8.95 | 8.21 | 0.445 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 9.5 as stoploss in an intra day sell trade for a target of 8.99. However, stock will show a bullish move above 9.5.
Share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Target | 8.01 |
| Downside Target | 8.60 |
| Downside Target | 8.84 |
| Downside Target | 9.24 |
| Downside Target | 9.28 |
| Downside Target | 9.29 |
| Downside Target | 9.30 |
| Upside Target | 9.51 |
| Upside Target | 9.92 |
| Upside Target | 10.44 |
Intraday share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Intraday Target | 9.16 |
| Downside Intraday Target | 8.94 |
| Upside Intraday Target | 9.55 |
| Upside Intraday Target | 9.72 |
| Downside Intraday Target | 9.33 |
Weekly technical analysis of Bihar Sponge (BiharSponge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Nov 2022 | 9.37 | 9.51 | 9.51 | 9.12 | 0.082 times |
| 18 Fri Nov 2022 | 9.59 | 9.40 | 10.44 | 8.60 | 3.183 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 |
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 |
| 21 Mon Nov 2022 | 9.37 | 8.99 | 10.44 | 8.21 | 2.357 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 | 21, 21, 0 | Sell |
| MACD | 0, 0 | Buy |
| Stochastics | 66 | None |
| CCI | -2 | Sell |
| RSI | 49 | Sell |
| OBV | 286208 | Sell |
| VWAP | 10 | Sell |
| ADL | 0 | Sell |
| ROC | 9 | 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Bihar Sponge in short term and the buy signal is strong.
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 SELL signal in short term and selling is picking up 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 9.61 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 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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