Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

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

(Scagro) Scagro complete technical analysis [charts+indicators] | Buy/Sell Scagro | (Scagro) share price targets

Complete technical analysis of Scagro (Scagro) by charts plus indicators, forecast predictions and share price targets for Scagro (Scagro)

10 day averaged volume of Scagro is 1268

Date Daily Closing Price Open High Low Volume
24 Fri Mar 2023 9.54 9.50 9.69 9.50 0.732 times
23 Thu Mar 2023 9.70 9.90 9.90 9.70 0.64 times
22 Wed Mar 2023 9.90 9.50 10.45 9.50 2.802 times
21 Tue Mar 2023 10.00 10.52 10.52 10.00 0.065 times
20 Mon Mar 2023 10.52 10.52 10.52 10.52 0.006 times
17 Fri Mar 2023 10.52 10.85 10.85 10.52 0.041 times
16 Thu Mar 2023 10.60 10.60 10.60 10.20 0.277 times
15 Wed Mar 2023 10.35 9.95 10.40 9.95 0.323 times
14 Tue Mar 2023 9.95 10.23 10.23 9.75 1.612 times
13 Mon Mar 2023 10.23 10.46 10.50 9.60 2.95 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.7, but if it comes above 9.7, then a intra day buy could be more profitable.
If you take a sell trade below 9.7, then use 9.7 as stoploss and 9 as target. However if you take a buy trade in stock , then use 9.7 as stoploss and 10.22 as target.

Share price targets for Scagro (Scagro)

Target Type Value
Downside Target 8.73
Downside Target 9.50
Upside Target 9.85
Upside Target 10.08
Upside Target 10.45
Upside Target 10.85
Upside Target 11.38
Upside Target 11.85
Upside Target 12.00
Upside Target 13.40
Upside Target 14.15
Upside Target 14.92
Upside Target 18.70
Upside Target 18.96

Intraday share price targets for Scagro (Scagro)

Target Type Value
Downside Intraday Target 9.19
Downside Intraday Target 8.83
Upside Intraday Target 10.21
Upside Intraday Target 10.87
Upside Intraday Target 9.85

Weekly technical analysis of Scagro (Scagro)

Date Weekly Closing Price Open High Low Volume
24 Fri Mar 2023 9.54 10.52 10.52 9.50 0.816 times
17 Fri Mar 2023 10.52 10.46 10.85 9.60 1.212 times
10 Fri Mar 2023 10.00 9.85 10.08 8.73 0.129 times
03 Fri Mar 2023 10.16 10.90 12.00 9.85 7.288 times
24 Fri Feb 2023 11.45 13.40 13.40 10.90 0.312 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 Scagro (Scagro)

Date Monthly Closing Price Open High Low Volume
24 Fri Mar 2023 9.54 10.60 11.10 8.73 1.033 times
28 Tue Feb 2023 10.80 17.60 18.70 10.45 0.428 times
31 Tue Jan 2023 17.87 12.30 18.96 11.38 2.424 times
30 Fri Dec 2022 12.90 13.51 14.15 11.85 0.618 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 Scagro (Scagro)

Indicator Name Indicator Value Indicator Signal
ADX 18, 34, 31 Sell
MACD -1, -1Buy
Stochastics 24Sell
CCI -142Sell
RSI 57Buy
OBV -39158Sell
VWAP 10Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Scagro ( (Scagro) ) 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 Scagro ( (Scagro) ) 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 Scagro ( (Scagro) ) 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 Scagro ( (Scagro) ) 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 Scagro stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Scagro 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 Scagro 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 Scagro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.01 and Scagro (Scagro) 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 Scagro (Scagro) stock. Volume based technical analysis of Scagro (Scagro) stock is negative.

Scagro 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 Scagro 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

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme