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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 2024-04-16 View latest technical analysis

10 day averaged volume of Sgb2 50 is 174

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	7264.70	7329.00	7329.00	7201.15	1.425 times
15 Mon Apr 2024	7201.16	7235.00	7239.62	7200.00	1.121 times
12 Fri Apr 2024	7239.63	7000.00	7248.99	7000.00	0.925 times
10 Wed Apr 2024	7075.00	7054.75	7164.99	7010.00	4.138 times
08 Mon Apr 2024	7000.00	6925.00	7079.99	6925.00	0.362 times
05 Fri Apr 2024	6870.00	6865.01	6880.00	6865.01	0.092 times
04 Thu Apr 2024	6944.90	6870.00	6944.90	6870.00	0.23 times
03 Wed Apr 2024	6829.06	6850.00	6900.00	6810.00	1.207 times
02 Tue Apr 2024	6795.38	6756.00	6800.00	6750.00	0.805 times
01 Mon Apr 2024	6776.50	6700.00	6846.99	6700.00	0.914 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 7364.7, for a target of 7034 or 6758.35

Share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Target	6080.01
Downside Target	6683.00
Downside Target	6700.00
Downside Target	6925.00
Downside Target	6944.90
Downside Target	7200.00
Downside Target	7248.99
Upside Target	7329.00

Intraday share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Intraday Target	7200.13
Downside Intraday Target	7135.57
Upside Intraday Target	7329.13
Upside Intraday Target	7393.57
Downside Intraday Target	7264.57

Weekly technical analysis of Sgb2 50 (SGBMAY25_GB)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	7264.70	7235.00	7329.00	7200.00	0.469 times
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

Price has moved up 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 Sgb2 50 (SGBMAY25_GB)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	7264.70	6700.00	7329.00	6700.00	1.414 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sgb2 50 is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7047.69 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.