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 2024-09-12 View latest technical analysis

10 day averaged volume of Sanco Industries is 18714

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	5.09	5.01	5.20	4.75	0.569 times
11 Wed Sep 2024	5.01	5.06	5.06	4.80	0.379 times
10 Tue Sep 2024	5.06	4.84	5.08	4.59	1.198 times
09 Mon Sep 2024	4.84	5.10	5.10	4.84	0.688 times
06 Fri Sep 2024	5.10	5.10	5.23	5.10	0.184 times
05 Thu Sep 2024	5.37	5.34	5.54	5.17	0.993 times
04 Wed Sep 2024	5.45	5.28	5.49	5.10	0.26 times
03 Tue Sep 2024	5.28	5.04	5.29	4.90	0.92 times
02 Mon Sep 2024	5.04	5.38	5.38	5.00	1.775 times
30 Fri Aug 2024	5.14	4.94	5.45	4.94	2.728 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.1, but if it comes above 5.1, then a intra day buy could be more profitable.
If you take a sell trade below 5.1, then use 5.1 as stoploss and 4.7 as target. However if you take a buy trade in stock , then use 5.1 as stoploss and 5.36 as target.

Share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Target	4.59
Downside Target	4.90
Upside Target	5.20
Upside Target	5.54
Upside Target	6.03
Upside Target	6.25
Upside Target	6.45
Upside Target	7.20
Upside Target	7.22
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	4.72
Downside Intraday Target	4.35
Upside Intraday Target	5.33
Upside Intraday Target	5.57
Downside Intraday Target	4.96

Weekly technical analysis of Sanco Industries (SANCO_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	5.09	5.10	5.20	4.59	0.686 times
06 Fri Sep 2024	5.10	5.38	5.54	4.90	0.405 times
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

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
12 Thu Sep 2024	5.09	5.38	5.54	4.59	0.271 times
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

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY signal for Sanco Industries in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sanco Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term but buying is losing 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 5.13 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.