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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 2024-08-01 View latest technical analysis

10 day averaged volume of Sgb2 50 is 91

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	7294.68	7400.00	7439.97	7290.00	1.637 times
31 Wed Jul 2024	7327.08	7315.00	7384.99	7310.00	0.253 times
30 Tue Jul 2024	7390.00	7300.00	7390.00	7241.01	0.165 times
29 Mon Jul 2024	7300.00	7250.00	7301.00	7161.37	0.736 times
26 Fri Jul 2024	7255.89	7339.99	7339.99	7201.01	1.341 times
25 Thu Jul 2024	7339.99	7400.00	7400.00	7270.00	0.78 times
24 Wed Jul 2024	7400.00	7499.00	7499.00	7300.00	0.33 times
23 Tue Jul 2024	7500.00	7786.00	7799.99	7500.00	3.945 times
22 Mon Jul 2024	7793.97	7795.00	7795.00	7560.00	0.176 times
19 Fri Jul 2024	7660.77	7799.99	7799.99	7516.06	2.011 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7346.9, but if it comes above 7346.9, then a intra day buy could be more profitable.
If you take a sell trade below 7346.9, then use 7346.9 as stoploss and 7159.4 as target. However if you take a buy trade in stock , then use 7346.9 as stoploss and 7503.14 as target.

Share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Target	6700.00
Downside Target	7072.01
Upside Target	7439.97
Upside Target	7475.00
Upside Target	7489.88
Upside Target	7516.06
Upside Target	7524.90
Upside Target	7620.99
Upside Target	7799.99

Intraday share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Intraday Target	7157.38
Downside Intraday Target	7020.07
Upside Intraday Target	7435.98
Upside Intraday Target	7577.27
Upside Intraday Target	7298.67

Weekly technical analysis of Sgb2 50 (SGBMAY25_GB)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	7294.68	7250.00	7439.97	7161.37	0.425 times
26 Fri Jul 2024	7255.89	7795.00	7799.99	7201.01	1.347 times
19 Fri Jul 2024	7660.77	7614.70	7799.99	7516.06	1.714 times
12 Fri Jul 2024	7614.70	7489.00	7620.99	7421.31	1.088 times
05 Fri Jul 2024	7489.88	7379.90	7489.88	7301.00	0.676 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
01 Thu Aug 2024	7294.68	7400.00	7439.97	7290.00	0.091 times
31 Wed Jul 2024	7327.08	7379.90	7799.99	7161.37	0.916 times
28 Fri Jun 2024	7379.90	7270.00	7524.90	7131.00	1.432 times
31 Fri May 2024	7300.00	7287.99	7475.00	7072.01	0.381 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sgb2 50 ( (SGBMAY25_GB) ) based on a mid to longer 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.

ADX buy sell signal for Sgb2 50 stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sgb2 50 in short term and the sell signal is strong.

Sgb2 50 Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

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

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

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 7442.38 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.