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(SCI) Shipping Corporation complete technical analysis [charts+indicators] | Buy/Sell Shipping Corporation | (SCI) share price targets

Complete technical analysis of Shipping Corporation (SCI) by charts plus indicators, forecast predictions and share price targets for Shipping Corporation (SCI)

Shipping Corporation trades in NSE in Shipping sector.

Showing technical analysis as on 2024-03-26 View latest technical analysis

10 day averaged volume of Shipping Corporation is 1882958

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	192.35	197.90	197.90	191.85	0.877 times
22 Fri Mar 2024	196.95	201.00	204.00	196.50	0.845 times
21 Thu Mar 2024	200.45	195.80	202.75	195.40	0.931 times
20 Wed Mar 2024	193.10	197.40	197.85	190.00	0.81 times
19 Tue Mar 2024	194.65	203.90	205.95	194.00	0.862 times
18 Mon Mar 2024	202.55	203.00	208.25	200.00	1.009 times
15 Fri Mar 2024	198.35	202.50	206.30	193.10	1.015 times
14 Thu Mar 2024	203.25	189.55	207.00	189.55	1.795 times
13 Wed Mar 2024	199.30	210.00	212.00	199.30	0.86 times
12 Tue Mar 2024	209.75	218.10	218.60	208.10	1.042 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 198.2, but if it comes above 198.2, then a intra day buy could be more profitable.
If you take a sell trade below 198.2, then use 198.2 as stoploss and 178.5 as target. However if you take a buy trade in stock , then use 198.2 as stoploss and 214.6 as target.

Share price targets for Shipping Corporation (SCI)

Target Type	Value
Downside Target	130.75
Downside Target	144.20
Downside Target	148.60
Downside Target	159.50
Downside Target	175.00
Downside Target	189.55
Upside Target	197.90
Upside Target	204.50
Upside Target	219.70
Upside Target	226.50
Upside Target	242.10
Upside Target	242.70
Upside Target	247.80
Upside Target	290.75

Intraday share price targets for Shipping Corporation (SCI)

Target Type	Value
Downside Intraday Target	190.17
Downside Intraday Target	187.98
Upside Intraday Target	196.22
Upside Intraday Target	200.08
Upside Intraday Target	194.03

Weekly technical analysis of Shipping Corporation (SCI)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	192.35	197.90	197.90	191.85	0.197 times
22 Fri Mar 2024	196.95	203.00	208.25	190.00	0.804 times
15 Fri Mar 2024	198.35	226.50	226.50	189.55	1.656 times
07 Thu Mar 2024	226.50	234.45	242.10	224.80	0.537 times
02 Sat Mar 2024	234.30	246.00	247.80	222.00	0.605 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 Shipping Corporation (SCI)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	192.35	241.85	242.70	189.55	0.132 times
29 Thu Feb 2024	236.60	217.40	290.75	204.50	1.012 times
31 Wed Jan 2024	211.70	163.40	219.70	159.50	1.668 times
29 Fri Dec 2023	162.90	144.55	175.00	144.20	2.465 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 Shipping Corporation (SCI)

Price action analysis of Shipping Corporation ( (SCI) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shipping Corporation ( (SCI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shipping Corporation ( (SCI) ) 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 Shipping Corporation ( (SCI) ) 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 Shipping Corporation stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shipping Corporation in short term and the sell signal is strong.

Shipping Corporation 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 coming down

CCI has generated a SELL signal for Shipping Corporation 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shipping Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 199.72 and Shipping Corporation (SCI) 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 Shipping Corporation (SCI) stock. Volume based technical analysis of Shipping Corporation (SCI) stock is negative.

Shipping Corporation 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.