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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 2024-08-22 View latest technical analysis

10 day averaged volume of Sanco Industries is 19739

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	5.78	5.53	5.79	5.53	0.492 times
21 Wed Aug 2024	5.53	5.55	5.55	5.03	1.493 times
20 Tue Aug 2024	5.30	5.58	5.58	5.30	0.541 times
19 Mon Aug 2024	5.58	5.88	5.88	5.58	0.32 times
16 Fri Aug 2024	5.88	6.48	6.48	5.88	0.494 times
14 Wed Aug 2024	6.19	6.39	6.39	5.79	0.283 times
13 Tue Aug 2024	6.10	6.13	6.14	5.85	1.233 times
12 Mon Aug 2024	6.12	5.83	6.12	5.54	1.663 times
09 Fri Aug 2024	5.83	5.30	5.83	5.28	0.816 times
08 Thu Aug 2024	5.56	5.86	5.86	5.56	1.075 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5.5 as stoploss in an intra day buy trade for a target of 6.64. However, stock will show a bearish move below 5.5.

Share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Target	4.00
Downside Target	5.03
Downside Target	5.28
Downside Target	5.54
Upside Target	5.88
Upside Target	6.45
Upside Target	6.82
Upside Target	7.20
Upside Target	7.60
Upside Target	7.90
Upside Target	8.00
Upside Target	9.35
Upside Target	9.85

Intraday share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Intraday Target	5.25
Downside Intraday Target	4.71
Upside Intraday Target	6.1
Upside Intraday Target	6.41
Downside Intraday Target	5.56

Weekly technical analysis of Sanco Industries (SANCO_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	5.78	5.88	5.88	5.03	0.775 times
16 Fri Aug 2024	5.88	5.83	6.48	5.54	0.657 times
09 Fri Aug 2024	5.83	6.50	6.82	5.28	3.31 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

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
22 Thu Aug 2024	5.78	7.22	7.22	5.03	128.101 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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.

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 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 moving up

CCI has generated a buy signal for Sanco Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 5.81 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.