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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 2024-11-08 View latest technical analysis

10 day averaged volume of Bihar Sponge is 67277

Date Daily Closing Price Open High Low Volume
08 Fri Nov 2024 15.72 16.55 16.55 15.60 0.75 times
07 Thu Nov 2024 15.92 16.80 17.00 15.58 2.325 times
06 Wed Nov 2024 16.40 17.26 17.49 16.08 2.45 times
05 Tue Nov 2024 16.92 17.02 17.49 16.23 0.406 times
04 Mon Nov 2024 17.01 17.00 17.50 16.55 0.327 times
01 Fri Nov 2024 17.22 17.20 17.30 16.55 0.498 times
31 Thu Oct 2024 16.50 16.85 17.00 15.89 0.71 times
30 Wed Oct 2024 16.32 17.00 17.44 16.27 1.345 times
29 Tue Oct 2024 17.12 17.20 17.30 16.50 0.281 times
28 Mon Oct 2024 16.49 15.75 16.50 15.69 0.447 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16.1, but if it comes above 16.1, then a intra day buy could be more profitable.
If you take a sell trade below 16.1, then use 16.1 as stoploss and 14.8 as target. However if you take a buy trade in stock , then use 16.1 as stoploss and 17.14 as target.

Share price targets for Bihar Sponge (BiharSponge)

Target Type Value
Downside Target 15.01
Downside Target 15.58
Upside Target 17.35
Upside Target 18.14
Upside Target 18.47
Upside Target 18.70
Upside Target 20.25
Upside Target 20.89
Upside Target 21.38
Upside Target 22.44
Upside Target 26.01
Upside Target 26.77

Intraday share price targets for Bihar Sponge (BiharSponge)

Target Type Value
Downside Intraday Target 15.03
Downside Intraday Target 14.35
Upside Intraday Target 16.95
Upside Intraday Target 18.19
Upside Intraday Target 16.27

Weekly technical analysis of Bihar Sponge (BiharSponge)

Date Weekly Closing Price Open High Low Volume
08 Fri Nov 2024 15.72 17.00 17.50 15.58 1.907 times
01 Fri Nov 2024 17.22 15.75 17.44 15.69 0.883 times
25 Fri Oct 2024 15.72 18.47 18.47 15.71 0.435 times
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

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
08 Fri Nov 2024 15.72 17.20 17.50 15.58 0.307 times
31 Thu Oct 2024 16.50 21.88 22.44 15.69 0.595 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

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 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 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 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 losing momentum.

MACD generated a BUY signal for Bihar Sponge in short term but the buy signal is initial and weak.

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 16.34 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 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 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 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 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 losing momentum.

MACD generated a BUY signal for Bihar Sponge in short term but the buy signal is initial and weak.

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 16.34 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 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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