(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 2024-06-28 View latest technical analysis
10 day averaged volume of Bihar Sponge is 37267
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 15.38 | 15.38 | 15.38 | 15.22 | 1.644 times |
| 27 Thu Jun 2024 | 15.08 | 15.08 | 15.08 | 15.08 | 1.282 times |
| 26 Wed Jun 2024 | 14.79 | 14.79 | 14.79 | 14.79 | 1.131 times |
| 25 Tue Jun 2024 | 14.50 | 14.50 | 14.50 | 14.50 | 0.507 times |
| 24 Mon Jun 2024 | 13.95 | 13.68 | 13.95 | 13.68 | 0.362 times |
| 21 Fri Jun 2024 | 13.95 | 13.68 | 13.95 | 13.68 | 0.362 times |
| 20 Thu Jun 2024 | 13.95 | 13.95 | 13.96 | 13.95 | 2.062 times |
| 19 Wed Jun 2024 | 14.23 | 14.26 | 14.26 | 14.22 | 0.928 times |
| 18 Tue Jun 2024 | 14.48 | 14.48 | 14.48 | 14.25 | 1.13 times |
| 14 Fri Jun 2024 | 13.93 | 13.93 | 13.93 | 13.66 | 1.117 times |
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 15.3, for a target of 14.7 or 14.2
Share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Target | 12.50 |
| Downside Target | 13.13 |
| Downside Target | 13.68 |
| Downside Target | 14.40 |
| Downside Target | 15.35 |
| Downside Target | 15.37 |
| Downside Target | 15.38 |
| Upside Target | 16.79 |
| Upside Target | 17.50 |
| Upside Target | 17.64 |
| Upside Target | 22.44 |
Intraday share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Intraday Target | 14.25 |
| Downside Intraday Target | 13.11 |
| Upside Intraday Target | 15.95 |
| Upside Intraday Target | 16.51 |
| Downside Intraday Target | 14.81 |
Weekly technical analysis of Bihar Sponge (BiharSponge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 15.38 | 13.68 | 15.38 | 13.68 | 1.099 times |
| 21 Fri Jun 2024 | 13.95 | 14.48 | 14.48 | 13.68 | 0.77 times |
| 14 Fri Jun 2024 | 13.93 | 14.00 | 14.00 | 13.14 | 2.268 times |
| 07 Fri Jun 2024 | 13.84 | 14.68 | 14.68 | 13.83 | 1.579 times |
| 31 Fri May 2024 | 14.40 | 15.37 | 15.37 | 14.40 | 0.37 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 Fri Jun 2024 | 15.38 | 14.68 | 15.38 | 13.14 | 0.904 times |
| 31 Fri May 2024 | 14.40 | 14.39 | 16.79 | 12.50 | 1.025 times |
| 30 Tue Apr 2024 | 14.40 | 13.50 | 17.64 | 13.36 | 0.649 times |
| 28 Thu Mar 2024 | 13.63 | 16.44 | 17.50 | 13.13 | 0.263 times |
Scroll below to view daily charts
Price has moved up 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 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 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 to mid 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 mid to longer 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.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 but buying is losing 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 14.51 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.
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 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 to mid 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 mid to longer 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.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 but buying is losing 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 14.51 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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