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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 2025-05-29 View latest technical analysis

10 day averaged volume of Bihar Sponge is 18764

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu May 2025	12.45	12.00	12.73	12.00	1.171 times
28 Wed May 2025	12.23	12.07	12.48	11.88	1.124 times
27 Tue May 2025	12.07	12.25	12.25	11.90	0.473 times
26 Mon May 2025	11.95	12.06	12.34	11.71	1.754 times
23 Fri May 2025	12.06	12.40	12.45	12.00	0.343 times
22 Thu May 2025	12.16	12.45	12.45	11.95	0.305 times
21 Wed May 2025	12.13	12.30	12.47	12.00	0.856 times
20 Tue May 2025	12.08	12.38	12.50	11.73	1.445 times
19 Mon May 2025	12.07	12.32	12.85	11.26	1.512 times
16 Fri May 2025	12.44	12.57	12.70	12.15	1.482 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.3, but if it comes below 12.3, then a intra day sell could be more profitable.
If you take a sell trade below 12.3, then use 12.3 as stoploss and 12.12 as target. However if you take a buy trade in stock , then use 12.3 as stoploss and 12.5 as target.

Share price targets for Bihar Sponge (BiharSponge)

Target Type	Value
Downside Target	10.20
Downside Target	11.26
Downside Target	11.50
Upside Target	12.73
Upside Target	12.85
Upside Target	12.88
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	11.86
Downside Intraday Target	11.28
Upside Intraday Target	12.88
Upside Intraday Target	13.32
Downside Intraday Target	12.3

Weekly technical analysis of Bihar Sponge (BiharSponge)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu May 2025	12.45	12.06	12.73	11.71	1.014 times
23 Fri May 2025	12.06	12.32	12.85	11.26	0.691 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

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
29 Thu May 2025	12.45	12.15	12.85	10.20	0.788 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 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 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 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 Weak and stock is losing momentum.

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

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 red color and prices are in or above the red 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 SELL signal in short term but selling 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 12.17 and Bihar Sponge (BiharSponge) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.