Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-06 View latest technical analysis

10 day averaged volume of Bihar Sponge is 87928

Date Daily Closing Price Open High Low Volume
06 Wed Mar 2024 14.84 15.80 16.09 14.84 0.594 times
05 Tue Mar 2024 15.62 16.35 16.85 15.55 0.44 times
04 Mon Mar 2024 16.35 16.33 17.50 16.22 0.818 times
02 Sat Mar 2024 17.07 17.20 17.45 16.70 0.257 times
01 Fri Mar 2024 16.86 16.44 16.99 15.52 0.853 times
29 Thu Feb 2024 16.26 17.48 17.50 16.12 0.812 times
28 Wed Feb 2024 16.95 18.02 18.40 16.83 1.21 times
27 Tue Feb 2024 17.66 17.38 17.66 17.00 1.062 times
26 Mon Feb 2024 16.82 16.31 16.82 15.35 1.191 times
23 Fri Feb 2024 16.02 17.00 17.35 15.99 1.352 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 14.3, for a target of 15.9 or 17.27

Share price targets for Bihar Sponge (BiharSponge)

Target Type Value
Downside Target 9.30
Downside Target 9.50
Downside Target 10.21
Downside Target 10.80
Downside Target 11.24
Downside Target 14.84
Upside Target 15.35
Upside Target 15.90
Upside Target 17.04
Upside Target 17.50
Upside Target 17.99
Upside Target 18.40
Upside Target 19.70
Upside Target 21.00
Upside Target 21.29
Upside Target 22.44

Intraday share price targets for Bihar Sponge (BiharSponge)

Target Type Value
Downside Intraday Target 13.95
Downside Intraday Target 13.07
Upside Intraday Target 16.61
Upside Intraday Target 18.39
Upside Intraday Target 15.73

Weekly technical analysis of Bihar Sponge (BiharSponge)

Date Weekly Closing Price Open High Low Volume
06 Wed Mar 2024 14.84 16.33 17.50 14.84 0.344 times
02 Sat Mar 2024 17.07 16.31 18.40 15.35 0.672 times
23 Fri Feb 2024 16.02 17.44 17.99 15.90 1.448 times
16 Fri Feb 2024 17.44 19.91 21.00 17.04 0.267 times
09 Fri Feb 2024 20.90 21.09 22.44 19.70 1.331 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
06 Wed Mar 2024 14.84 16.44 17.50 14.84 0.062 times
29 Thu Feb 2024 16.26 19.22 22.44 15.35 0.772 times
31 Wed Jan 2024 20.23 10.79 21.29 10.21 4.42 times
29 Fri Dec 2023 10.60 10.73 10.80 9.50 1.13 times

Scroll below to view daily charts

Price has moved down 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)

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 term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Bihar Sponge in short term and the sell signal is strong.

Bihar Sponge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

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 16.53 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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 term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Bihar Sponge in short term and the sell signal is strong.

Bihar Sponge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

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 16.53 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 negative.

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
Back to top | Use Dark Theme