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 2024-08-16 View latest technical analysis

10 day averaged volume of Sgb2 50 is 65

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	7309.30	7345.00	7350.00	7275.00	3.769 times
14 Wed Aug 2024	7338.33	7251.03	7345.00	7240.00	1.108 times
13 Tue Aug 2024	7425.00	7250.01	7448.97	7250.01	0.077 times
12 Mon Aug 2024	7448.99	7376.00	7449.99	7290.01	0.662 times
09 Fri Aug 2024	7450.00	7330.01	7450.00	7330.00	0.431 times
08 Thu Aug 2024	7400.00	7444.97	7444.97	7300.01	0.277 times
07 Wed Aug 2024	7393.99	7325.00	7449.97	7221.00	2.031 times
06 Tue Aug 2024	7450.37	7397.99	7499.00	7397.99	0.708 times
05 Mon Aug 2024	7250.00	7254.00	7477.96	7200.00	1.538 times
02 Fri Aug 2024	7375.00	7290.03	7455.00	7290.03	0.862 times

Stock of Sgb2 50 (SGBMAY25_GB) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 7277.3 as stoploss in an intra day buy trade for a target of 7405.17. However, stock will show a bearish move below 7277.3.

Share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Target	6700.00
Downside Target	7072.01
Upside Target	7399.00
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	7216.2
Downside Intraday Target	7123.11
Upside Intraday Target	7426.19
Upside Intraday Target	7543.09
Upside Intraday Target	7333.1

Weekly technical analysis of Sgb2 50 (SGBMAY25_GB)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	7309.30	7376.00	7449.99	7240.00	1.127 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
16 Fri Aug 2024	7309.30	7400.00	7499.00	7200.00	0.544 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 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 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 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 and the sell signal is strong.

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. Bulls are getting tired and bears are picking up momentum.

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 positive zone. This is a BUY 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 7349.12 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.