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

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

10 day averaged volume of Shipping Corp is 2459170

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 69.90 69.05 73.35 68.30 1.635 times
16 Thu May 2024 68.90 69.40 69.60 67.85 0.654 times
15 Wed May 2024 68.60 69.05 71.20 67.85 1.831 times
14 Tue May 2024 67.65 63.00 67.65 62.30 1.315 times
13 Mon May 2024 61.50 63.60 63.75 60.00 0.615 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 70.8 as stoploss in an intra day sell trade for a target of 66.45. However, stock will show a bullish move above 70.8.

Share price targets for Shipping Corp (SCILAL)

Target Type Value
Downside Target 48.35
Downside Target 55.70
Downside Target 59.10
Downside Target 62.60
Downside Target 67.25
Upside Target 70.20
Upside Target 73.35
Upside Target 77.00
Upside Target 77.85

Intraday share price targets for Shipping Corp (SCILAL)

Target Type Value
Downside Intraday Target 62.15
Downside Intraday Target 54.4
Upside Intraday Target 75.5
Upside Intraday Target 81.1
Downside Intraday Target 67.75

Weekly technical analysis of Shipping Corp (SCILAL)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 69.90 63.60 73.35 60.00 1.532 times
10 Fri May 2024 62.85 69.70 70.20 60.50 0.55 times
03 Fri May 2024 69.20 76.45 77.00 67.25 0.541 times
26 Fri Apr 2024 75.05 60.80 77.85 59.10 3.207 times
19 Fri Apr 2024 59.65 59.00 62.60 55.70 0.394 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 Shipping Corp (SCILAL)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 69.90 69.40 73.35 60.00 0.207 times
30 Tue Apr 2024 68.45 49.00 77.85 48.35 0 times
01 Thu Jan 1970 0 times
01 Thu Jan 1970 0 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 (SCILAL)

Indicator Name Indicator Value Indicator Signal
ADX 36, 16, 39 Buy
MACD 20, 3Buy
Stochastics 77Buy
CCI 129Buy
RSI 54Buy
OBV 21981666Sell
VWAP 67Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Shipping Corp ( (SCILAL) ) 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 ( (SCILAL) ) 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 ( (SCILAL) ) 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 Shipping Corp ( (SCILAL) ) based on a mid to longer term time period is

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 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 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

Stock of Shipping Corp is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 66.64 and Shipping Corp (SCILAL) 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 (SCILAL) stock. Volume based technical analysis of Shipping Corp (SCILAL) stock is negative.

Shipping Corp 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.

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