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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 2024-03-27 View latest technical analysis

10 day averaged volume of Sanco Industries is 12396

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	4.15	4.15	4.50	4.15	1.679 times
26 Tue Mar 2024	4.35	4.55	4.55	4.35	1.241 times
22 Fri Mar 2024	4.55	4.60	4.60	4.55	0.957 times
21 Thu Mar 2024	4.55	4.50	4.55	4.15	0.524 times
20 Wed Mar 2024	4.35	4.45	4.75	4.35	1.061 times
19 Tue Mar 2024	4.55	4.60	4.80	4.40	1.058 times
18 Mon Mar 2024	4.60	4.80	4.80	4.60	0.932 times
15 Fri Mar 2024	4.85	5.10	5.10	4.85	0.566 times
14 Thu Mar 2024	5.10	4.90	5.10	4.65	1.518 times
13 Wed Mar 2024	4.90	5.05	5.15	4.90	0.666 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.4, but if it comes above 4.4, then a intra day buy could be more profitable.
If you take a sell trade below 4.4, then use 4.4 as stoploss and 3.4 as target. However if you take a buy trade in stock , then use 4.4 as stoploss and 5.28 as target.

Share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Target	4.15
Upside Target	4.55
Upside Target	4.65
Upside Target	4.80
Upside Target	5.15
Upside Target	5.65
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	8.00
Upside Target	9.30

Intraday share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Intraday Target	4.02
Downside Intraday Target	3.88
Upside Intraday Target	4.42
Upside Intraday Target	4.68
Upside Intraday Target	4.28

Weekly technical analysis of Sanco Industries (SANCO_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	4.15	4.55	4.55	4.15	0.644 times
22 Fri Mar 2024	4.55	4.80	4.80	4.15	0.778 times
15 Fri Mar 2024	4.85	5.25	5.65	4.65	1.329 times
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

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 Sanco Industries (SANCO_BZ)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	4.15	6.55	6.55	4.15	18.887 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 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 SELL. Signal strength is Strong and stock is losing 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 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 Sanco Industries 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 Sanco Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.56 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.