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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 2024-04-19 View latest technical analysis

10 day averaged volume of Sgb2 50 is 211

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	7276.01	7350.00	7369.87	7250.00	1.592 times
18 Thu Apr 2024	7295.00	7270.00	7399.00	7250.00	1.517 times
16 Tue Apr 2024	7264.70	7329.00	7329.00	7201.15	1.175 times
15 Mon Apr 2024	7201.16	7235.00	7239.62	7200.00	0.924 times
12 Fri Apr 2024	7239.63	7000.00	7248.99	7000.00	0.763 times
10 Wed Apr 2024	7075.00	7054.75	7164.99	7010.00	3.412 times
08 Mon Apr 2024	7000.00	6925.00	7079.99	6925.00	0.299 times
05 Fri Apr 2024	6870.00	6865.01	6880.00	6865.01	0.076 times
04 Thu Apr 2024	6944.90	6870.00	6944.90	6870.00	0.19 times
03 Wed Apr 2024	6829.06	6850.00	6900.00	6810.00	0.995 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7137.6, but if it comes below 7137.6, then a intra day sell could be more profitable.
If you take a sell trade below 7137.6, then use 7137.6 as stoploss and 6840.02 as target. However if you take a buy trade in stock , then use 7137.6 as stoploss and 7494.7 as target.

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	7399.00

Intraday share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Intraday Target	7184.34
Downside Intraday Target	7092.67
Upside Intraday Target	7383.34
Upside Intraday Target	7490.67
Upside Intraday Target	7291.67

Weekly technical analysis of Sgb2 50 (SGBMAY25_GB)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	7276.01	7235.00	7399.00	7200.00	1.164 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
19 Fri Apr 2024	7276.01	6700.00	7399.00	6700.00	1.89 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, and volume has increased substantially. This means that the move can 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 losing 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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Sgb2 50 in short term but SELL signal is weak.

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

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 7149.16 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.