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(SCI) Shipping Corp complete technical analysis [charts+indicators] | Buy/Sell Shipping Corp | (SCI) share price targets

Complete technical analysis of Shipping Corp (SCI) by charts plus indicators, forecast predictions and share price targets for Shipping Corp (SCI)

10 day averaged volume of Shipping Corp is 4884828

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 239.30 240.05 243.50 231.80 0.995 times
21 Tue May 2024 238.85 231.20 244.65 228.70 2.316 times
20 Mon May 2024 230.95 229.15 234.80 226.55 0.332 times
17 Fri May 2024 234.70 234.00 237.10 228.55 1.321 times
16 Thu May 2024 233.50 225.70 234.80 222.05 1.853 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 234.5, but if it comes below 234.5, then a intra day sell could be more profitable.
If you take a sell trade below 234.5, then use 234.5 as stoploss and 222.9 as target. However if you take a buy trade in stock , then use 234.5 as stoploss and 248.4 as target.

Share price targets for Shipping Corp (SCI)

Target Type Value
Downside Target 159.50
Downside Target 189.55
Downside Target 198.30
Downside Target 210.15
Downside Target 219.70
Downside Target 235.50
Downside Target 235.70
Downside Target 237.10
Upside Target 242.70
Upside Target 244.65
Upside Target 290.75

Intraday share price targets for Shipping Corp (SCI)

Target Type Value
Downside Intraday Target 229.02
Downside Intraday Target 218.73
Upside Intraday Target 247.12
Upside Intraday Target 254.93
Downside Intraday Target 236.83

Weekly technical analysis of Shipping Corp (SCI)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 239.30 229.15 244.65 226.55 0.631 times
17 Fri May 2024 234.70 206.70 237.10 198.30 3.571 times
10 Fri May 2024 205.85 223.00 223.05 200.55 0.987 times
03 Fri May 2024 221.40 233.90 235.50 220.45 0.368 times
26 Fri Apr 2024 232.25 211.50 235.70 210.15 3.241 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 Shipping Corp (SCI)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 239.30 228.00 244.65 198.30 0.925 times
30 Tue Apr 2024 227.25 210.50 235.70 203.05 1.722 times
28 Thu Mar 2024 208.80 241.85 242.70 189.55 0.169 times
29 Thu Feb 2024 236.60 217.40 290.75 204.50 1.012 times

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 Shipping Corp (SCI)

Indicator Name Indicator Value Indicator Signal
ADX 30, 14, 36 Buy
MACD 8, 4Buy
Stochastics 87Buy
CCI 89Buy
RSI 54Buy
OBV 48097144Sell
VWAP 230Buy
ADL 0Sell
ROC 13Buy
Force Index 0Sell

Price action analysis of Shipping Corp ( (SCI) ) 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 Shipping Corp ( (SCI) ) 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 Shipping Corp ( (SCI) ) 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 Shipping Corp ( (SCI) ) based on a mid to longer 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.

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

MACD generated a BUY signal for Shipping Corp 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.

Shipping Corp 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 Shipping Corp 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 Shipping Corp is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 229.72 and Shipping Corp (SCI) 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 Shipping Corp (SCI) stock. Volume based technical analysis of Shipping Corp (SCI) stock is negative.

Shipping Corp 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.

Click here for Shipping Corp charts

Click here for further forecast and predictions for tomorrow

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