(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 2024-08-22 View latest technical analysis
10 day averaged volume of Bihar Sponge is 315355
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 22.77 | 23.03 | 23.03 | 21.90 | 0.506 times |
| 21 Wed Aug 2024 | 21.94 | 21.32 | 21.94 | 20.91 | 0.331 times |
| 20 Tue Aug 2024 | 20.90 | 20.01 | 21.35 | 20.00 | 0.251 times |
| 19 Mon Aug 2024 | 20.56 | 21.27 | 21.82 | 20.40 | 0.324 times |
| 16 Fri Aug 2024 | 21.26 | 22.20 | 22.20 | 20.68 | 0.539 times |
| 14 Wed Aug 2024 | 21.76 | 23.20 | 23.20 | 21.75 | 0.459 times |
| 13 Tue Aug 2024 | 22.89 | 23.55 | 24.40 | 22.60 | 0.798 times |
| 12 Mon Aug 2024 | 23.64 | 24.95 | 25.02 | 22.64 | 2.552 times |
| 09 Fri Aug 2024 | 23.83 | 23.30 | 24.25 | 22.00 | 2.209 times |
| 08 Thu Aug 2024 | 22.05 | 20.80 | 22.05 | 20.45 | 1.323 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 22.4, but if it comes below 22.4, then a intra day sell could be more profitable.
If you take a sell trade below 22.4, then use 22.4 as stoploss and 20.22 as target. However if you take a buy trade in stock , then use 22.4 as stoploss and 25 as target.
Share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Target | 12.50 |
| Downside Target | 13.14 |
| Downside Target | 15.01 |
| Downside Target | 15.38 |
| Downside Target | 16.61 |
| Downside Target | 17.42 |
| Downside Target | 18.00 |
| Downside Target | 18.70 |
| Downside Target | 19.33 |
| Downside Target | 20.00 |
| Downside Target | 20.68 |
| Upside Target | 23.03 |
| Upside Target | 24.25 |
| Upside Target | 25.02 |
Intraday share price targets for Bihar Sponge (BiharSponge)
| Target Type | Value |
| Downside Intraday Target | 20.84 |
| Downside Intraday Target | 18.9 |
| Upside Intraday Target | 23.87 |
| Upside Intraday Target | 24.96 |
| Downside Intraday Target | 21.93 |
Weekly technical analysis of Bihar Sponge (BiharSponge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 22.77 | 21.27 | 23.03 | 20.00 | 0.325 times |
| 16 Fri Aug 2024 | 21.26 | 24.95 | 25.02 | 20.68 | 0.787 times |
| 09 Fri Aug 2024 | 23.83 | 19.59 | 24.25 | 17.42 | 1.624 times |
| 02 Fri Aug 2024 | 19.18 | 17.60 | 19.33 | 16.61 | 2.646 times |
| 26 Fri Jul 2024 | 17.27 | 16.29 | 18.00 | 15.01 | 2.281 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 |
| 22 Thu Aug 2024 | 22.77 | 19.33 | 25.02 | 17.42 | 2.172 times |
| 31 Wed Jul 2024 | 18.41 | 15.89 | 18.70 | 15.01 | 2.877 times |
| 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 |
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)
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 neutral. A longer time frame might give a better analysis.
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 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 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 stronger in this stock.
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 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 22.87 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.
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 neutral. A longer time frame might give a better analysis.
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 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 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 stronger in this stock.
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 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 22.87 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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