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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 2024-08-30 View latest technical analysis

10 day averaged volume of Sgb2 50 is 96

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	7498.99	7400.00	7498.99	7400.00	0.177 times
29 Thu Aug 2024	7443.59	7352.13	7449.00	7352.13	0.354 times
28 Wed Aug 2024	7403.46	7400.00	7450.00	7350.23	0.948 times
27 Tue Aug 2024	7392.77	7311.13	7400.00	7311.00	1.271 times
26 Mon Aug 2024	7475.00	7475.00	7475.00	7475.00	0.01 times
23 Fri Aug 2024	7479.99	7395.00	7479.99	7365.01	0.177 times
22 Thu Aug 2024	7395.00	7349.01	7395.00	7332.00	0.49 times
21 Wed Aug 2024	7343.00	7170.00	7425.00	7170.00	3.688 times
20 Tue Aug 2024	7391.00	7151.00	7400.00	7151.00	0.25 times
19 Mon Aug 2024	7342.00	7310.00	7470.00	7310.00	0.25 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7461, but if it comes below 7461, then a intra day sell could be more profitable.
If you take a sell trade below 7461, then use 7461 as stoploss and 7400.29 as target. However if you take a buy trade in stock , then use 7461 as stoploss and 7533.9 as target.

Share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Target	6700.00
Downside Target	7072.01
Downside Target	7449.99
Downside Target	7455.00
Downside Target	7475.00
Downside Target	7479.99
Downside Target	7498.99
Upside Target	7499.00
Upside Target	7524.90
Upside Target	7799.99

Intraday share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Intraday Target	7373.66
Downside Intraday Target	7248.34
Upside Intraday Target	7561.65
Upside Intraday Target	7624.32
Downside Intraday Target	7436.33

Weekly technical analysis of Sgb2 50 (SGBMAY25_GB)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	7498.99	7475.00	7498.99	7311.00	0.569 times
23 Fri Aug 2024	7479.99	7310.00	7479.99	7151.00	1.277 times
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

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
30 Fri Aug 2024	7498.99	7400.00	7499.00	7151.00	0.988 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 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 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 SELL. Signal strength is Weak and stock is losing 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 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 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 7375.39 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 negative.

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