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(SGBMAY25_GB) Sgb2 50 complete technical analysis [charts+indicators] | Buy/Sell Sgb2 50 | (SGBMAY25_GB) share price targets

Complete technical analysis of Sgb2 50 (SGBMAY25_GB) by charts plus indicators, forecast predictions and share price targets for Sgb2 50 (SGBMAY25_GB)

Showing technical analysis as on 2024-04-12 View latest technical analysis

10 day averaged volume of Sgb2 50 is 152

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	7239.63	7000.00	7248.99	7000.00	1.059 times
10 Wed Apr 2024	7075.00	7054.75	7164.99	7010.00	4.737 times
08 Mon Apr 2024	7000.00	6925.00	7079.99	6925.00	0.414 times
05 Fri Apr 2024	6870.00	6865.01	6880.00	6865.01	0.105 times
04 Thu Apr 2024	6944.90	6870.00	6944.90	6870.00	0.263 times
03 Wed Apr 2024	6829.06	6850.00	6900.00	6810.00	1.382 times
02 Tue Apr 2024	6795.38	6756.00	6800.00	6750.00	0.921 times
01 Mon Apr 2024	6776.50	6700.00	6846.99	6700.00	1.046 times
28 Thu Mar 2024	6667.37	6511.04	6683.00	6511.04	0.204 times
27 Wed Mar 2024	6530.50	6600.00	6600.00	6530.50	0.099 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 7202.1, for a target of 6918.6 or 6682.28

Share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Target	6080.01
Downside Target	6574.89
Downside Target	6683.00
Downside Target	6700.00
Downside Target	6925.00
Downside Target	6944.90
Upside Target	7248.99

Intraday share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Intraday Target	7026.76
Downside Intraday Target	6813.88
Upside Intraday Target	7350.75
Upside Intraday Target	7461.86
Downside Intraday Target	7137.87

Weekly technical analysis of Sgb2 50 (SGBMAY25_GB)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	7239.63	6925.00	7248.99	6925.00	1.671 times
05 Fri Apr 2024	6870.00	6700.00	6944.90	6700.00	3.324 times
28 Thu Mar 2024	6667.37	6502.00	6683.00	6502.00	0.714 times
22 Fri Mar 2024	6570.08	6425.05	6574.89	6403.00	1.107 times
15 Fri Mar 2024	6500.00	6410.00	6525.00	6351.01	0.311 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sgb2 50 (SGBMAY25_GB)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	7239.63	6700.00	7248.99	6700.00	1.093 times
28 Thu Mar 2024	6667.37	6230.00	6683.00	6200.00	0.68 times
29 Thu Feb 2024	6247.48	6250.00	6309.90	6185.00	1.638 times
31 Wed Jan 2024	6235.00	6290.00	6409.00	6201.00	0.769 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 Sgb2 50 (SGBMAY25_GB)

Price action analysis of Sgb2 50 ( (SGBMAY25_GB) ) 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 Sgb2 50 ( (SGBMAY25_GB) ) 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 Sgb2 50 ( (SGBMAY25_GB) ) 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 Sgb2 50 stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sgb2 50 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.

Sgb2 50 Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sgb2 50 in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Sgb2 50 is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6981.26 and Sgb2 50 (SGBMAY25_GB) 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 Sgb2 50 (SGBMAY25_GB) stock. Volume based technical analysis of Sgb2 50 (SGBMAY25_GB) stock is negative.

Sgb2 50 Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.