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

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

Showing technical analysis as on 2024-01-04 View latest technical analysis

10 day averaged volume of Sanco Industries is 17083

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Jan 2024	6.55	6.25	6.60	6.25	0.955 times
03 Wed Jan 2024	6.30	6.30	6.85	6.25	1.545 times
02 Tue Jan 2024	6.55	6.30	6.60	6.00	0.281 times
01 Mon Jan 2024	6.30	6.40	6.40	6.20	0.112 times
29 Fri Dec 2023	6.40	6.30	6.40	6.20	1.306 times
28 Thu Dec 2023	6.40	6.50	6.50	6.05	1.012 times
27 Wed Dec 2023	6.20	6.50	6.50	6.05	1.059 times
26 Tue Dec 2023	6.20	6.00	6.30	6.00	1.03 times
22 Fri Dec 2023	6.00	6.00	6.30	5.70	1.641 times
21 Thu Dec 2023	6.00	6.30	6.55	6.00	1.098 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 6.6 as stoploss in an intra day sell trade for a target of 6.43. However, stock will show a bullish move above 6.6.

Share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Target	5.20
Downside Target	5.70
Downside Target	6.00
Downside Target	6.20
Downside Target	6.45
Upside Target	6.85
Upside Target	6.90
Upside Target	7.00
Upside Target	7.05
Upside Target	7.25
Upside Target	7.60
Upside Target	7.95

Intraday share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Intraday Target	6.08
Downside Intraday Target	5.62
Upside Intraday Target	6.93
Upside Intraday Target	7.32
Downside Intraday Target	6.47

Weekly technical analysis of Sanco Industries (SANCO_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Jan 2024	6.55	6.40	6.85	6.00	0.656 times
29 Fri Dec 2023	6.40	6.00	6.50	6.00	0.924 times
22 Fri Dec 2023	6.00	6.60	6.90	5.70	1.169 times
15 Fri Dec 2023	6.60	7.00	7.05	6.45	0.584 times
08 Fri Dec 2023	6.70	6.30	7.00	6.20	3.158 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 Sanco Industries (SANCO_BZ)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Jan 2024	6.55	6.40	6.85	6.00	0.138 times
29 Fri Dec 2023	6.40	7.00	7.05	5.70	3.079 times
30 Thu Nov 2023	6.70	6.35	7.25	6.05	0.815 times
31 Tue Oct 2023	6.35	6.85	7.60	6.25	0.619 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 Sanco Industries (SANCO_BZ)

Price action analysis of Sanco Industries ( (SANCO_BZ) ) based on a short 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 Sanco Industries ( (SANCO_BZ) ) 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 Sanco Industries ( (SANCO_BZ) ) 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 Sanco Industries stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Sanco Industries 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.

Sanco Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Sanco Industries in short term

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Sanco Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.25 and Sanco Industries (SANCO_BZ) 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 Sanco Industries (SANCO_BZ) stock. Volume based technical analysis of Sanco Industries (SANCO_BZ) stock is negative.

Sanco Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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