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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 2024-08-30 View latest technical analysis

10 day averaged volume of Sanco Industries is 22397

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	5.14	4.94	5.45	4.94	2.279 times
29 Thu Aug 2024	5.21	5.50	5.50	5.21	0.732 times
28 Wed Aug 2024	5.49	5.38	5.52	5.11	4.277 times
27 Tue Aug 2024	5.38	5.40	5.55	5.38	0.634 times
26 Mon Aug 2024	5.67	6.25	6.25	5.66	0.604 times
23 Fri Aug 2024	5.96	5.78	6.03	5.49	0.811 times
22 Thu Aug 2024	5.78	5.53	5.79	5.53	0.434 times
21 Wed Aug 2024	5.53	5.55	5.55	5.03	1.316 times
20 Tue Aug 2024	5.30	5.58	5.58	5.30	0.476 times
19 Mon Aug 2024	5.58	5.88	5.88	5.58	0.282 times

Stock of Sanco Industries (SANCO_BZ) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.4, but if it comes above 5.4, then a intra day buy could be more profitable.
If you take a sell trade below 5.4, then use 5.4 as stoploss and 4.9 as target. However if you take a buy trade in stock , then use 5.4 as stoploss and 5.81 as target.

Share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Target	4.00
Downside Target	4.94
Upside Target	5.28
Upside Target	5.54
Upside Target	6.03
Upside Target	6.25
Upside Target	6.45
Upside Target	6.82
Upside Target	7.20
Upside Target	7.60
Upside Target	7.90
Upside Target	9.35
Upside Target	9.85

Intraday share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Intraday Target	4.64
Downside Intraday Target	4.13
Upside Intraday Target	5.95
Upside Intraday Target	6.75
Upside Intraday Target	5.44

Weekly technical analysis of Sanco Industries (SANCO_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	5.14	6.25	6.25	4.94	2.569 times
23 Fri Aug 2024	5.96	5.88	6.03	5.03	1.025 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

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
30 Fri Aug 2024	5.14	7.22	7.22	4.94	226.78 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 neutral. A longer time frame might give a better analysis.

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 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 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 5.45 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.