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 2024-08-09 View latest technical analysis

10 day averaged volume of Sgb2 50 is 73

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	7450.00	7330.01	7450.00	7330.00	0.384 times
08 Thu Aug 2024	7400.00	7444.97	7444.97	7300.01	0.247 times
07 Wed Aug 2024	7393.99	7325.00	7449.97	7221.00	1.808 times
06 Tue Aug 2024	7450.37	7397.99	7499.00	7397.99	0.63 times
05 Mon Aug 2024	7250.00	7254.00	7477.96	7200.00	1.37 times
02 Fri Aug 2024	7375.00	7290.03	7455.00	7290.03	0.767 times
01 Thu Aug 2024	7294.68	7400.00	7439.97	7290.00	2.041 times
31 Wed Jul 2024	7327.08	7315.00	7384.99	7310.00	0.315 times
30 Tue Jul 2024	7390.00	7300.00	7390.00	7241.01	0.205 times
29 Mon Jul 2024	7300.00	7250.00	7301.00	7161.37	0.918 times

My analysis of stock is bearish for shortterm, and stock might move down till 7300.2 or till 7105.7. Use a stoploss of 7462.27 and if the stock hits stoploss, then it can shoot up till 7624.33

Share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Target	6700.00
Downside Target	7072.01
Downside Target	7399.00
Upside Target	7499.00
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	7267
Downside Intraday Target	7084
Upside Intraday Target	7566
Upside Intraday Target	7682
Downside Intraday Target	7383

Weekly technical analysis of Sgb2 50 (SGBMAY25_GB)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	7450.00	7254.00	7499.00	7200.00	1.045 times
02 Fri Aug 2024	7375.00	7250.00	7455.00	7161.37	0.518 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

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
09 Fri Aug 2024	7450.00	7400.00	7499.00	7200.00	0.322 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 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 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 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 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 neutral. A longer time frame might give a better analysis.

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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 but buying is losing 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 7340.54 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.