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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 2024-05-16 View latest technical analysis

10 day averaged volume of Sgb2 50 is 49

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	7240.02	7235.14	7251.00	7235.00	1.735 times
15 Wed May 2024	7299.90	7245.00	7299.90	7179.01	0.306 times
14 Tue May 2024	7245.00	7230.00	7245.00	7200.00	1.49 times
13 Mon May 2024	7212.00	7201.01	7255.00	7201.01	1.224 times
10 Fri May 2024	7250.75	7325.00	7449.00	7250.00	1.408 times
09 Thu May 2024	7300.00	7300.00	7300.00	7200.00	1.939 times
08 Wed May 2024	7200.00	7200.00	7200.00	7200.00	0.041 times
07 Tue May 2024	7280.00	7200.00	7300.00	7200.00	0.714 times
06 Mon May 2024	7285.00	7130.00	7285.00	7100.00	1.612 times
03 Fri May 2024	7285.00	7200.00	7300.00	7072.01	0.735 times

My analysis of stock is bearish for shortterm, and stock might move down till 7178.5 or till 7099.1. Use a stoploss of 7244.68 and if the stock hits stoploss, then it can shoot up till 7310.84

Share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Target	6185.00
Downside Target	6683.00
Downside Target	7035.55
Downside Target	7200.00
Upside Target	7299.90
Upside Target	7300.00
Upside Target	7344.00
Upside Target	7399.00
Upside Target	7449.00

Intraday share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Intraday Target	7179.39
Downside Intraday Target	7118.75
Upside Intraday Target	7300.28
Upside Intraday Target	7360.53
Downside Intraday Target	7239.64

Weekly technical analysis of Sgb2 50 (SGBMAY25_GB)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	7240.02	7201.01	7299.90	7179.01	0.832 times
10 Fri May 2024	7250.75	7130.00	7449.00	7100.00	1.202 times
03 Fri May 2024	7285.00	7100.11	7300.00	7072.01	0.455 times
26 Fri Apr 2024	7299.00	7344.00	7344.00	7035.55	0.466 times
19 Fri Apr 2024	7276.01	7235.00	7399.00	7200.00	1.164 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 Sgb2 50 (SGBMAY25_GB)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu May 2024	7240.02	7287.99	7449.00	7072.01	0.174 times
30 Tue Apr 2024	7287.99	6700.00	7399.00	6700.00	2.386 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

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 Sgb2 50 (SGBMAY25_GB)

Price action analysis of Sgb2 50 ( (SGBMAY25_GB) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sgb2 50 ( (SGBMAY25_GB) ) 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 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 SELL signal for Sgb2 50 in short term but the sell signal is initial and weak.

Sgb2 50 Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Sgb2 50 in short term and SELL 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 7262.81 and Sgb2 50 (SGBMAY25_GB) 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 Sgb2 50 (SGBMAY25_GB) stock. Volume based technical analysis of Sgb2 50 (SGBMAY25_GB) stock is negative.

Sgb2 50 Stock has given negative 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.