(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 2022-11-29 View latest technical analysis
10 day averaged volume of Bihar Sponge is 37080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 9.33 | 9.54 | 9.65 | 9.10 | 0.452 times |
| 28 Mon Nov 2022 | 9.40 | 9.45 | 9.55 | 9.10 | 0.861 times |
| 25 Fri Nov 2022 | 9.23 | 9.45 | 9.45 | 8.80 | 0.444 times |
| 24 Thu Nov 2022 | 9.25 | 9.00 | 9.40 | 8.75 | 0.19 times |
| 23 Wed Nov 2022 | 9.08 | 9.50 | 9.50 | 9.00 | 0.313 times |
| 22 Tue Nov 2022 | 9.15 | 9.60 | 9.60 | 8.91 | 0.894 times |
| 21 Mon Nov 2022 | 9.37 | 9.51 | 9.51 | 9.12 | 0.669 times |
| 18 Fri Nov 2022 | 9.59 | 10.00 | 10.05 | 9.59 | 1.063 times |
| 17 Thu Nov 2022 | 10.09 | 10.40 | 10.40 | 9.90 | 0.812 times |
| 16 Wed Nov 2022 | 10.02 | 10.39 | 10.44 | 9.65 | 1.614 times |
My analysis of stock is bullish for shortterm, and stock might move up till 9.7 or till 10.2. Use a stoploss of 9.21 and if this stock hits its stoploss, then it can fall down till 8.76
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 | 9.60 |
| Upside Target | 9.65 |
| Upside Target | 9.92 |
| Upside Target | 10.44 |
Intraday share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Intraday Target | 9.07 |
| Downside Intraday Target | 8.81 |
| Upside Intraday Target | 9.62 |
| Upside Intraday Target | 9.91 |
| Upside Intraday Target | 9.36 |
Weekly technical analysis of Bihar Sponge (BiharSponge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 9.33 | 9.45 | 9.65 | 9.10 | 0.523 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 |
| 29 Tue Nov 2022 | 9.33 | 8.99 | 10.44 | 8.21 | 2.905 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, 17, 5 | Sell |
| MACD | 0, 0 | Sell |
| Stochastics | 36 | None |
| CCI | -23 | Buy |
| RSI | 54 | Buy |
| OBV | 240287 | Sell |
| VWAP | 10 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 and the buying is gaining 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 9.58 and Bihar Sponge (BiharSponge) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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.
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