Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-05-19 View latest technical analysis

10 day averaged volume of Bihar Sponge is 21309

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon May 2025	12.07	12.32	12.85	11.26	1.331 times
16 Fri May 2025	12.44	12.57	12.70	12.15	1.305 times
15 Thu May 2025	12.32	11.82	12.39	11.82	0.621 times
14 Wed May 2025	12.29	12.70	12.70	12.05	0.575 times
13 Tue May 2025	12.31	12.85	12.85	11.90	2.204 times
12 Mon May 2025	12.28	12.41	12.41	11.90	0.98 times
09 Fri May 2025	11.78	10.20	12.70	10.20	0.371 times
08 Thu May 2025	11.89	12.24	12.24	11.51	0.429 times
07 Wed May 2025	11.90	11.70	12.48	11.13	0.722 times
06 Tue May 2025	11.81	12.10	12.34	11.78	0.671 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 11.9 as stoploss in an intra day buy trade for a target of 12.4. However, stock will show a bearish move below 11.9.

Share price targets for Bihar Sponge (BiharSponge)

Target Type	Value
Downside Target	10.20
Downside Target	11.26
Downside Target	11.50
Downside Target	11.82
Upside Target	12.65
Upside Target	12.88
Upside Target	13.74
Upside Target	13.96
Upside Target	14.15
Upside Target	15.40
Upside Target	16.04
Upside Target	17.79

Intraday share price targets for Bihar Sponge (BiharSponge)

Target Type	Value
Downside Intraday Target	11.27
Downside Intraday Target	10.47
Upside Intraday Target	12.86
Upside Intraday Target	13.65
Downside Intraday Target	12.06

Weekly technical analysis of Bihar Sponge (BiharSponge)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon May 2025	12.07	12.32	12.85	11.26	0.234 times
16 Fri May 2025	12.44	12.41	12.85	11.82	1.317 times
09 Fri May 2025	11.78	11.76	12.75	10.20	1.117 times
02 Fri May 2025	12.10	11.50	12.88	11.50	1.141 times
25 Fri Apr 2025	12.89	13.35	13.74	12.65	0.871 times

Price has moved down 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
19 Mon May 2025	12.07	12.15	12.85	10.20	0.517 times
30 Wed Apr 2025	12.03	12.75	14.15	11.50	0.65 times
28 Fri Mar 2025	13.00	11.54	15.40	11.50	1.334 times
28 Fri Feb 2025	12.24	15.99	16.04	11.55	0.958 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bihar Sponge ( (BiharSponge) ) based on a short to mid 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.

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 gaining 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 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 coming down

CCI has generated a SELL signal for Bihar Sponge in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 12.18 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.