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(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 2022-11-28 View latest technical analysis

10 day averaged volume of Bihar Sponge is 39512

Date Daily Closing Price Open High Low Volume
28 Mon Nov 2022 9.40 9.45 9.55 9.10 0.808 times
25 Fri Nov 2022 9.23 9.45 9.45 8.80 0.417 times
24 Thu Nov 2022 9.25 9.00 9.40 8.75 0.178 times
23 Wed Nov 2022 9.08 9.50 9.50 9.00 0.294 times
22 Tue Nov 2022 9.15 9.60 9.60 8.91 0.839 times
21 Mon Nov 2022 9.37 9.51 9.51 9.12 0.628 times
18 Fri Nov 2022 9.59 10.00 10.05 9.59 0.998 times
17 Thu Nov 2022 10.09 10.40 10.40 9.90 0.762 times
16 Wed Nov 2022 10.02 10.39 10.44 9.65 1.514 times
15 Tue Nov 2022 9.96 9.96 9.96 9.30 2.946 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 9.6 as stoploss in an intra day sell trade for a target of 9.18. However, stock will show a bullish move above 9.6.

Share price targets for Bihar Sponge (BiharSponge)

Target Type Value
Downside Target 8.01
Downside Target 8.60
Downside Target 9.00
Downside Target 9.28
Downside Target 9.29
Downside Target 9.30
Upside Target 9.55
Upside Target 9.60
Upside Target 9.92
Upside Target 10.44

Intraday share price targets for Bihar Sponge (BiharSponge)

Target Type Value
Downside Intraday Target 9.15
Downside Intraday Target 8.9
Upside Intraday Target 9.6
Upside Intraday Target 9.8
Downside Intraday Target 9.35

Weekly technical analysis of Bihar Sponge (BiharSponge)

Date Weekly Closing Price Open High Low Volume
28 Mon Nov 2022 9.40 9.45 9.55 9.10 0.343 times
25 Fri Nov 2022 9.23 9.51 9.60 8.75 0.308 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

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
28 Mon Nov 2022 9.40 8.99 10.44 8.21 2.826 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 15, 19, 10 Sell
MACD 0, 0Sell
Stochastics 36None
CCI -31Buy
RSI 52Buy
OBV 261619Sell
VWAP 10Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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

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 SELL signal for Bihar Sponge in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!

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 but BUY 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 9.71 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 has given negative 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.

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

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