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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 2024-03-07 View latest technical analysis

10 day averaged volume of Sanco Industries is 8001

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	5.15	5.40	5.40	5.15	0.779 times
06 Wed Mar 2024	5.40	5.40	5.40	5.40	2.09 times
05 Tue Mar 2024	5.65	5.95	5.95	5.65	1.46 times
04 Mon Mar 2024	5.95	6.00	6.05	5.95	2.462 times
02 Sat Mar 2024	6.25	6.25	6.40	6.25	1.072 times
01 Fri Mar 2024	6.55	6.55	6.55	6.55	0.909 times
26 Mon Feb 2024	6.90	6.90	6.90	6.90	0.544 times
19 Mon Feb 2024	7.25	7.25	7.25	7.25	0.145 times
12 Mon Feb 2024	7.60	7.60	7.60	7.60	0.853 times
05 Mon Feb 2024	8.00	8.00	8.00	8.00	0.012 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 4.7, for a target of 6.1 or 7.3

Share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Target	5.15
Upside Target	5.70
Upside Target	6.00
Upside Target	6.25
Upside Target	6.55
Upside Target	6.90
Upside Target	7.05
Upside Target	7.25
Upside Target	7.60
Upside Target	8.00
Upside Target	9.30

Intraday share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Intraday Target	4.85
Downside Intraday Target	4.55
Upside Intraday Target	5.75
Upside Intraday Target	6.35
Upside Intraday Target	5.45

Weekly technical analysis of Sanco Industries (SANCO_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	5.15	6.00	6.05	5.15	2.69 times
02 Sat Mar 2024	6.25	6.90	6.90	6.25	17.43 times
19 Mon Feb 2024	7.25	7.25	7.25	7.25	0.17 times
12 Mon Feb 2024	7.60	7.60	7.60	7.60	68.21 times
05 Mon Feb 2024	8.00	8.00	8.00	8.00	0.028 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 Sanco Industries (SANCO_BZ)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	5.15	6.55	6.55	5.15	5.646 times
26 Mon Feb 2024	6.90	8.00	8.00	6.90	0.03 times
29 Mon Jan 2024	8.40	6.40	9.30	6.00	1.165 times
29 Fri Dec 2023	6.40	7.00	7.05	5.70	3.079 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 Sanco Industries stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sanco Industries in short term and the sell signal is strong.

Sanco Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Sanco Industries in short term and SELL 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

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 6.03 and Sanco Industries (SANCO_BZ) 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 Sanco Industries (SANCO_BZ) stock. Volume based technical analysis of Sanco Industries (SANCO_BZ) stock is negative.

Sanco Industries 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.