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(SIKKO_BE) Sikko Industries complete technical analysis [charts+indicators] | Buy/Sell Sikko Industries | (SIKKO_BE) share price targets

Complete technical analysis of Sikko Industries (SIKKO_BE) by charts plus indicators, forecast predictions and share price targets for Sikko Industries (SIKKO_BE)

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Sikko Industries is 23306

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	85.95	85.00	89.50	83.15	0.123 times
01 Fri Mar 2024	85.70	87.95	88.00	84.00	0.456 times
29 Thu Feb 2024	84.45	81.30	87.00	81.30	0.71 times
28 Wed Feb 2024	85.55	89.65	89.75	85.20	1.182 times
27 Tue Feb 2024	89.65	92.30	92.30	85.10	3.039 times
26 Mon Feb 2024	87.95	87.95	87.95	87.95	1.024 times
23 Fri Feb 2024	83.80	79.85	83.80	79.25	1.065 times
22 Thu Feb 2024	79.85	79.00	80.00	77.50	0.737 times
21 Wed Feb 2024	79.00	79.00	79.95	78.00	0.574 times
20 Tue Feb 2024	78.75	76.15	79.75	76.15	0.505 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 85.3, but if it comes below 85.3, then a intra day sell could be more profitable.
If you take a sell trade below 85.3, then use 85.3 as stoploss and 81.71 as target. However if you take a buy trade in stock , then use 85.3 as stoploss and 89.5 as target.

Share price targets for Sikko Industries (SIKKO_BE)

Target Type	Value
Downside Target	58.00
Downside Target	65.45
Downside Target	75.05
Downside Target	78.00
Downside Target	81.30
Upside Target	86.15
Upside Target	89.50
Upside Target	92.30
Upside Target	102.00
Upside Target	104.80

Intraday share price targets for Sikko Industries (SIKKO_BE)

Target Type	Value
Downside Intraday Target	80.73
Downside Intraday Target	75.52
Upside Intraday Target	91.73
Upside Intraday Target	97.52
Upside Intraday Target	86.52

Weekly technical analysis of Sikko Industries (SIKKO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	85.95	87.95	92.30	81.30	1.821 times
23 Fri Feb 2024	83.80	78.30	83.80	76.15	0.877 times
16 Fri Feb 2024	79.15	82.00	82.00	75.05	0.887 times
09 Fri Feb 2024	79.85	80.60	83.95	78.00	1.163 times
02 Fri Feb 2024	83.65	84.90	86.15	78.60	1.199 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sikko Industries (SIKKO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	85.95	87.95	89.50	83.15	0.03 times
29 Thu Feb 2024	84.45	83.05	92.30	75.05	0.61 times
31 Wed Jan 2024	83.80	104.80	104.80	78.60	3.663 times
29 Fri Dec 2023	102.00	97.15	102.00	92.30	0.652 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 Sikko Industries (SIKKO_BE)

Price action analysis of Sikko Industries ( (SIKKO_BE) ) 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 Sikko Industries ( (SIKKO_BE) ) 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 Sikko Industries ( (SIKKO_BE) ) 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 Sikko Industries ( (SIKKO_BE) ) based on a mid to longer 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.

ADX buy sell signal for Sikko Industries stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sikko Industries 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.

Sikko Industries 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 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 Sikko Industries 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Sikko Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 85.66 and Sikko Industries (SIKKO_BE) 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 Sikko Industries (SIKKO_BE) stock. Volume based technical analysis of Sikko Industries (SIKKO_BE) stock is negative.

Sikko Industries 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.