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(SGBJUL25_GB) Sgb2 50 complete technical analysis [charts+indicators] | Buy/Sell Sgb2 50 | (SGBJUL25_GB) share price targets

Complete technical analysis of Sgb2 50 (SGBJUL25_GB) by charts plus indicators, forecast predictions and share price targets for Sgb2 50 (SGBJUL25_GB)

10 day averaged volume of Sgb2 50 is 112

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 7283.07 7285.00 7285.00 7280.00 0.125 times
16 Thu May 2024 7260.00 7250.00 7300.00 7225.11 0.411 times
15 Wed May 2024 7280.00 7290.00 7290.00 7242.50 2.063 times
14 Tue May 2024 7249.50 7201.00 7249.97 7200.00 1.848 times
13 Mon May 2024 7245.11 7298.99 7298.99 7200.00 1.17 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7280.9, but if it comes below 7280.9, then a intra day sell could be more profitable.
If you take a sell trade below 7280.9, then use 7280.9 as stoploss and 7199.88 as target. However if you take a buy trade in stock , then use 7280.9 as stoploss and 7378.1 as target.

Share price targets for Sgb2 50 (SGBJUL25_GB)

Target Type Value
Downside Target 6020.15
Downside Target 6325.00
Downside Target 6650.00
Downside Target 7005.01
Downside Target 7200.00
Downside Target 7245.00
Upside Target 7300.00
Upside Target 7335.00
Upside Target 7340.00
Upside Target 7380.00

Intraday share price targets for Sgb2 50 (SGBJUL25_GB)

Target Type Value
Downside Intraday Target 7222.05
Downside Intraday Target 7161.02
Upside Intraday Target 7322.05
Upside Intraday Target 7361.02
Downside Intraday Target 7261.02

Weekly technical analysis of Sgb2 50 (SGBJUL25_GB)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 7283.07 7298.99 7300.00 7200.00 1.281 times
10 Fri May 2024 7334.40 7110.00 7335.00 7110.00 1.309 times
03 Fri May 2024 7110.00 7150.00 7245.00 7100.00 2.06 times
26 Fri Apr 2024 7237.26 7325.00 7340.00 7005.01 0.363 times
19 Fri Apr 2024 7380.00 7186.66 7380.00 7185.00 4.922 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 (SGBJUL25_GB)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 7283.07 7107.43 7335.00 7101.05 0.943 times
30 Tue Apr 2024 7107.43 6849.00 7380.00 6656.01 0.811 times
28 Thu Mar 2024 6599.00 6239.99 6650.00 6190.00 1.117 times
29 Thu Feb 2024 6201.00 6181.00 6325.00 6020.15 0.825 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 Sgb2 50 (SGBJUL25_GB)

Indicator Name Indicator Value Indicator Signal
ADX 36, 10, 56 Buy
MACD 224, 236Sell
Stochastics 74Buy
CCI 79Buy
RSI 57Buy
OBV 334Sell
VWAP 7227Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Sgb2 50 ( (SGBJUL25_GB) ) based on a short 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.

Price action analysis of Sgb2 50 ( (SGBJUL25_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 ( (SGBJUL25_GB) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sgb2 50 ( (SGBJUL25_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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sgb2 50 in short term but the sell signal is initial and weak.

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Sgb2 50 is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7227.1 and Sgb2 50 (SGBJUL25_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 (SGBJUL25_GB) stock. Volume based technical analysis of Sgb2 50 (SGBJUL25_GB) stock is negative.

Sgb2 50 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.

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