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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 2024-04-08 View latest technical analysis

10 day averaged volume of Shipping Corporation is 3425643

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	225.10	231.75	234.00	224.05	0.995 times
05 Fri Apr 2024	230.10	225.90	234.00	219.35	2.498 times
04 Thu Apr 2024	225.05	226.85	229.10	219.95	0.824 times
03 Wed Apr 2024	225.00	217.00	228.00	215.10	1.255 times
02 Tue Apr 2024	217.25	217.65	220.95	215.55	0.746 times
01 Mon Apr 2024	217.10	210.50	218.30	208.80	0.864 times
28 Thu Mar 2024	208.80	201.95	212.00	199.10	1.416 times
27 Wed Mar 2024	201.95	193.00	201.95	193.00	0.939 times
26 Tue Mar 2024	192.35	197.90	197.90	191.85	0.482 times
22 Fri Mar 2024	196.95	201.00	204.00	196.50	0.465 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 221.6, but if it comes below 221.6, then a intra day sell could be more profitable.
If you take a sell trade below 221.6, then use 221.6 as stoploss and 209.27 as target. However if you take a buy trade in stock , then use 221.6 as stoploss and 236.3 as target.

Share price targets for Shipping Corporation (SCI)

Target Type	Value
Downside Target	144.20
Downside Target	159.50
Downside Target	175.00
Downside Target	189.55
Downside Target	204.50
Downside Target	219.70
Downside Target	224.05
Upside Target	226.50
Upside Target	234.00
Upside Target	242.70
Upside Target	290.75

Intraday share price targets for Shipping Corporation (SCI)

Target Type	Value
Downside Intraday Target	221.43
Downside Intraday Target	217.77
Upside Intraday Target	231.38
Upside Intraday Target	237.67
Upside Intraday Target	227.72

Weekly technical analysis of Shipping Corporation (SCI)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	225.10	231.75	234.00	224.05	0.161 times
05 Fri Apr 2024	230.10	210.50	234.00	208.80	2.181 times
28 Thu Mar 2024	208.80	197.90	212.00	191.85	1.158 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

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
08 Mon Apr 2024	225.10	210.50	234.00	208.80	0.67 times
28 Thu Mar 2024	208.80	241.85	242.70	189.55	0.169 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

Scroll below to view daily charts

Price has moved up 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 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 Shipping Corporation ( (SCI) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shipping Corporation in short term and the buy signal is strong.

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

Shipping Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shipping Corporation in short term but SELL signal is weak.

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 218.03 and Shipping Corporation (SCI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.