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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 2024-10-15 View latest technical analysis

10 day averaged volume of Bihar Sponge is 61825

Date Daily Closing Price Open High Low Volume
15 Tue Oct 2024 19.42 19.24 19.89 18.01 4.193 times
14 Mon Oct 2024 18.95 19.35 19.35 18.37 0.415 times
11 Fri Oct 2024 18.82 19.58 19.58 18.50 0.633 times
10 Thu Oct 2024 18.99 19.70 19.70 18.50 0.807 times
09 Wed Oct 2024 19.02 19.99 20.18 18.38 1.833 times
08 Tue Oct 2024 19.30 18.25 19.80 18.14 1.667 times
07 Mon Oct 2024 19.09 19.25 20.89 19.09 0.483 times
03 Thu Oct 2024 20.70 21.02 22.25 20.26 1.188 times
01 Tue Oct 2024 21.25 21.88 22.44 21.16 0.926 times
30 Mon Sep 2024 21.39 22.90 22.90 21.38 0.836 times

Stock of Bihar Sponge (BiharSponge) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.5, but if it comes above 19.5, then a intra day buy could be more profitable.
If you take a sell trade below 19.5, then use 19.5 as stoploss and 17.2 as target. However if you take a buy trade in stock , then use 19.5 as stoploss and 21.41 as target.

Share price targets for Bihar Sponge (BiharSponge)

Target Type Value
Downside Target 13.14
Downside Target 15.01
Downside Target 15.38
Downside Target 17.42
Downside Target 18.01
Downside Target 18.70
Upside Target 19.89
Upside Target 20.89
Upside Target 21.38
Upside Target 22.44
Upside Target 22.90
Upside Target 23.65
Upside Target 25.80
Upside Target 26.01
Upside Target 26.77

Intraday share price targets for Bihar Sponge (BiharSponge)

Target Type Value
Downside Intraday Target 18.32
Downside Intraday Target 17.23
Upside Intraday Target 20.2
Upside Intraday Target 20.99
Downside Intraday Target 19.11

Weekly technical analysis of Bihar Sponge (BiharSponge)

Date Weekly Closing Price Open High Low Volume
15 Tue Oct 2024 19.42 19.35 19.89 18.01 0.85 times
11 Fri Oct 2024 18.82 19.25 20.89 18.14 1.838 times
03 Thu Oct 2024 20.70 22.90 22.90 20.26 0.566 times
27 Fri Sep 2024 22.50 23.30 23.65 21.70 1.107 times
20 Fri Sep 2024 22.84 25.00 25.80 22.53 0.278 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
15 Tue Oct 2024 19.42 21.88 22.44 18.01 0.302 times
30 Mon Sep 2024 21.39 24.80 26.77 21.38 0.468 times
30 Fri Aug 2024 23.76 19.33 26.01 17.42 2.782 times
31 Wed Jul 2024 18.41 15.89 18.70 15.01 2.877 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Bihar Sponge stock for short term is SELL. Signal strength is Strong and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 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 19.64 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Bihar Sponge stock for short term is SELL. Signal strength is Strong and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 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 19.64 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
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