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

(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 2024-08-05 View latest technical analysis

10 day averaged volume of Sanco Industries is 10680

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	6.50	6.50	6.50	6.50	0.877 times
02 Fri Aug 2024	6.85	6.85	6.85	6.85	1.279 times
01 Thu Aug 2024	7.22	7.22	7.22	7.22	1.75 times
29 Mon Jul 2024	7.60	7.60	7.60	7.60	0.094 times
22 Mon Jul 2024	8.00	8.00	8.00	8.00	0.004 times
15 Mon Jul 2024	8.43	8.43	8.43	8.43	0.094 times
08 Mon Jul 2024	8.88	8.88	8.88	8.88	0.001 times
01 Mon Jul 2024	9.35	9.35	9.35	9.35	0.005 times
25 Tue Jun 2024	9.85	9.85	9.85	9.85	2.939 times
24 Mon Jun 2024	9.39	9.39	9.39	9.39	1.956 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.1, but if it comes above 7.1, then a intra day buy could be more profitable.
If you take a sell trade below 7.1, then use 7.1 as stoploss and 6.1 as target. However if you take a buy trade in stock , then use 7.1 as stoploss and 8.02 as target.

Share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Target	4.00
Downside Target	6.45
Upside Target	6.85
Upside Target	7.20
Upside Target	7.60
Upside Target	7.90
Upside Target	8.00
Upside Target	8.43
Upside Target	8.88
Upside Target	9.35
Upside Target	9.85

Intraday share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Intraday Target	6.5
Downside Intraday Target	6.5
Downside Intraday Target	6.5
Downside Intraday Target	6.5
Downside Intraday Target	6.5

Weekly technical analysis of Sanco Industries (SANCO_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	6.50	6.50	6.50	6.50	0.281 times
02 Fri Aug 2024	6.85	7.60	7.60	6.85	833.975 times
22 Mon Jul 2024	8.00	8.00	8.00	8.00	0.04 times
15 Mon Jul 2024	8.43	8.43	8.43	8.43	71.786 times
08 Mon Jul 2024	8.88	8.88	8.88	8.88	0.259 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
05 Mon Aug 2024	6.50	7.22	7.22	6.50	19.69 times
29 Mon Jul 2024	7.60	9.35	9.35	7.60	0.007 times
25 Tue Jun 2024	9.85	7.80	9.85	6.45	2.873 times
27 Mon May 2024	7.80	7.20	7.90	7.20	0.541 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Sanco Industries ( (SANCO_BZ) ) 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 Sanco Industries ( (SANCO_BZ) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 8.45 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.