(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 2024-10-18 View latest technical analysis
10 day averaged volume of Bihar Sponge is 95188
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Fri Oct 2024 | 17.89 | 18.34 | 18.34 | 17.35 | 0.338 times |
| 17 Thu Oct 2024 | 18.06 | 19.75 | 19.75 | 17.97 | 1.804 times |
| 16 Wed Oct 2024 | 18.91 | 19.89 | 20.25 | 18.45 | 0.91 times |
| 15 Tue Oct 2024 | 19.42 | 19.24 | 19.89 | 18.01 | 2.724 times |
| 14 Mon Oct 2024 | 18.95 | 19.35 | 19.35 | 18.37 | 0.269 times |
| 11 Fri Oct 2024 | 18.82 | 19.58 | 19.58 | 18.50 | 0.411 times |
| 10 Thu Oct 2024 | 18.99 | 19.70 | 19.70 | 18.50 | 0.524 times |
| 09 Wed Oct 2024 | 19.02 | 19.99 | 20.18 | 18.38 | 1.19 times |
| 08 Tue Oct 2024 | 19.30 | 18.25 | 19.80 | 18.14 | 1.083 times |
| 07 Mon Oct 2024 | 19.09 | 19.25 | 20.89 | 19.09 | 0.314 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.7, but if it comes above 18.7, then a intra day buy could be more profitable.
If you take a sell trade below 18.7, then use 18.7 as stoploss and 16.6 as target. However if you take a buy trade in stock , then use 18.7 as stoploss and 20.52 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 | 17.35 |
| Upside Target | 18.14 |
| Upside Target | 18.70 |
| Upside Target | 20.25 |
| 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 | 16.74 |
| Downside Intraday Target | 15.6 |
| Upside Intraday Target | 19.64 |
| Upside Intraday Target | 21.4 |
| Upside Intraday Target | 18.5 |
Weekly technical analysis of Bihar Sponge (BiharSponge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Fri Oct 2024 | 17.89 | 19.35 | 20.25 | 17.35 | 1.716 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bihar Sponge (BiharSponge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Fri Oct 2024 | 17.89 | 21.88 | 22.44 | 17.35 | 0.419 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 neutral. A longer time frame might give a better analysis.
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 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 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 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 red color and prices are below the red 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 BUY signal in short term and the buying is gaining 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 18.92 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 neutral. A longer time frame might give a better analysis.
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 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 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 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 red color and prices are below the red 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 BUY signal in short term and the buying is gaining 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 18.92 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.
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