Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-06 View latest technical analysis

10 day averaged volume of Sgb2 50 is 115

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	7400.00	7380.00	7400.00	7380.00	0.043 times
05 Wed Jun 2024	7300.00	7280.00	7487.90	7230.11	0.209 times
04 Tue Jun 2024	7280.00	7410.55	7410.55	7240.00	2.078 times
03 Mon Jun 2024	7339.99	7270.00	7340.00	7227.00	2.53 times
31 Fri May 2024	7300.00	7475.00	7475.00	7300.00	0.017 times
30 Thu May 2024	7352.00	7352.00	7352.00	7281.01	0.226 times
29 Wed May 2024	7352.00	7299.99	7469.90	7299.99	0.261 times
27 Mon May 2024	7299.99	7299.00	7300.00	7233.01	0.374 times
23 Thu May 2024	7300.00	7370.00	7370.00	7250.01	0.304 times
22 Wed May 2024	7370.00	7345.22	7425.00	7345.00	3.417 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 7409.3, for a target of 7347.9 or 7296.77

Share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Target	6185.00
Downside Target	6683.00
Downside Target	7072.01
Downside Target	7299.90
Downside Target	7399.00
Upside Target	7449.00
Upside Target	7449.79
Upside Target	7475.00
Upside Target	7487.90

Intraday share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Intraday Target	7255.37
Downside Intraday Target	7110.73
Upside Intraday Target	7516.27
Upside Intraday Target	7632.53
Downside Intraday Target	7371.63

Weekly technical analysis of Sgb2 50 (SGBMAY25_GB)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	7400.00	7270.00	7487.90	7227.00	5.535 times
31 Fri May 2024	7300.00	7299.00	7475.00	7233.01	0.205 times
23 Thu May 2024	7300.00	7280.00	7449.79	7250.01	1.542 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

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
06 Thu Jun 2024	7400.00	7270.00	7487.90	7227.00	0.446 times
31 Fri May 2024	7300.00	7287.99	7475.00	7072.01	0.381 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

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 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 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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 7334.72 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 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 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.