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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 2024-06-07 View latest technical analysis

10 day averaged volume of Sgb2 50 is 109

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	7287.85	7524.90	7524.90	7285.05	0.367 times
06 Thu Jun 2024	7400.00	7380.00	7400.00	7380.00	0.046 times
05 Wed Jun 2024	7300.00	7280.00	7487.90	7230.11	0.22 times
04 Tue Jun 2024	7280.00	7410.55	7410.55	7240.00	2.193 times
03 Mon Jun 2024	7339.99	7270.00	7340.00	7227.00	2.67 times
31 Fri May 2024	7300.00	7475.00	7475.00	7300.00	0.018 times
30 Thu May 2024	7352.00	7352.00	7352.00	7281.01	0.239 times
29 Wed May 2024	7352.00	7299.99	7469.90	7299.99	0.275 times
27 Mon May 2024	7299.99	7299.00	7300.00	7233.01	0.394 times
23 Thu May 2024	7300.00	7370.00	7370.00	7250.01	0.321 times

My analysis of stock is bearish for shortterm, and stock might move down till 7255 or till 7199.6. Use a stoploss of 7301.16 and if the stock hits stoploss, then it can shoot up till 7347.33

Share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Target	6185.00
Downside Target	6683.00
Downside Target	7072.01
Upside Target	7299.90
Upside Target	7399.00
Upside Target	7449.00
Upside Target	7449.79
Upside Target	7475.00
Upside Target	7524.90

Intraday share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Intraday Target	7168.27
Downside Intraday Target	7048.68
Upside Intraday Target	7466.17
Upside Intraday Target	7644.48
Upside Intraday Target	7346.58

Weekly technical analysis of Sgb2 50 (SGBMAY25_GB)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	7287.85	7270.00	7524.90	7227.00	5.931 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 down 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
07 Fri Jun 2024	7287.85	7270.00	7524.90	7227.00	0.478 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 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 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.

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 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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 7313.31 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.