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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 2024-05-21 View latest technical analysis

10 day averaged volume of Sgb2 50 is 52

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	7345.22	7280.00	7449.79	7280.00	1.231 times
18 Sat May 2024	7270.00	7270.00	7270.00	7270.00	0.058 times
17 Fri May 2024	7278.50	7299.00	7299.00	7201.11	1.596 times
16 Thu May 2024	7240.02	7235.14	7251.00	7235.00	1.635 times
15 Wed May 2024	7299.90	7245.00	7299.90	7179.01	0.288 times
14 Tue May 2024	7245.00	7230.00	7245.00	7200.00	1.404 times
13 Mon May 2024	7212.00	7201.01	7255.00	7201.01	1.154 times
10 Fri May 2024	7250.75	7325.00	7449.00	7250.00	1.327 times
09 Thu May 2024	7300.00	7300.00	7300.00	7200.00	1.827 times
08 Wed May 2024	7200.00	7200.00	7200.00	7200.00	0.038 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7309.8, but if it comes below 7309.8, then a intra day sell could be more profitable.
If you take a sell trade below 7309.8, then use 7309.8 as stoploss and 7243.87 as target. However if you take a buy trade in stock , then use 7309.8 as stoploss and 7389 as target.

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	7280.00
Downside Target	7299.90
Downside Target	7300.00
Downside Target	7344.00
Upside Target	7399.00
Upside Target	7449.00
Upside Target	7449.79

Intraday share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Intraday Target	7266.88
Downside Intraday Target	7188.55
Upside Intraday Target	7436.67
Upside Intraday Target	7528.13
Upside Intraday Target	7358.34

Weekly technical analysis of Sgb2 50 (SGBMAY25_GB)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	7345.22	7280.00	7449.79	7280.00	0.201 times
18 Sat May 2024	7270.00	7201.01	7299.90	7179.01	1.139 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

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
21 Tue May 2024	7345.22	7287.99	7449.79	7072.01	0.22 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

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

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. Bears are weakening, and bulls are picking up momentum!

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 7269.08 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.