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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 2024-08-12 View latest technical analysis

10 day averaged volume of Sgb2 50 is 63

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	7448.99	7376.00	7449.99	7290.01	0.683 times
09 Fri Aug 2024	7450.00	7330.01	7450.00	7330.00	0.444 times
08 Thu Aug 2024	7400.00	7444.97	7444.97	7300.01	0.286 times
07 Wed Aug 2024	7393.99	7325.00	7449.97	7221.00	2.095 times
06 Tue Aug 2024	7450.37	7397.99	7499.00	7397.99	0.73 times
05 Mon Aug 2024	7250.00	7254.00	7477.96	7200.00	1.587 times
02 Fri Aug 2024	7375.00	7290.03	7455.00	7290.03	0.889 times
01 Thu Aug 2024	7294.68	7400.00	7439.97	7290.00	2.365 times
31 Wed Jul 2024	7327.08	7315.00	7384.99	7310.00	0.365 times
30 Tue Jul 2024	7390.00	7300.00	7390.00	7241.01	0.238 times

My analysis of stock is bearish for shortterm, and stock might move down till 7295.7 or till 7105.8. Use a stoploss of 7453.98 and if the stock hits stoploss, then it can shoot up till 7612.23

Share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Target	6700.00
Downside Target	7072.01
Upside Target	7455.00
Upside Target	7475.00
Upside Target	7499.00
Upside Target	7516.06
Upside Target	7524.90
Upside Target	7799.99

Intraday share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Intraday Target	7342.67
Downside Intraday Target	7236.35
Upside Intraday Target	7502.65
Upside Intraday Target	7556.31
Downside Intraday Target	7396.33

Weekly technical analysis of Sgb2 50 (SGBMAY25_GB)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	7448.99	7376.00	7449.99	7290.01	0.133 times
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

Price has moved down 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
12 Mon Aug 2024	7448.99	7400.00	7499.00	7200.00	0.348 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 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 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 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 gaining momentum.

MACD generated a BUY signal for Sgb2 50 in short term and the buy signal is strong.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 7352.64 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.