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

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

Showing technical analysis as on 2021-04-05 View latest technical analysis

10 day averaged volume of Sanco Industries is 84246

Date Daily Closing Price Open High Low Volume
05 Mon Apr 2021 8.30 8.30 8.30 8.30 0.321 times
01 Thu Apr 2021 7.95 7.65 7.95 7.65 0.519 times
31 Wed Mar 2021 7.60 7.30 7.60 6.90 0.489 times
30 Tue Mar 2021 7.25 7.60 7.85 7.25 0.893 times
26 Fri Mar 2021 7.60 8.00 8.30 7.60 1.2 times
25 Thu Mar 2021 7.95 8.80 8.80 7.95 1.788 times
24 Wed Mar 2021 8.80 9.60 9.80 8.80 1.872 times
23 Tue Mar 2021 9.75 10.00 10.20 9.50 0.32 times
22 Mon Mar 2021 9.70 9.80 9.95 9.50 0.472 times
19 Fri Mar 2021 9.80 10.20 10.20 9.55 0.431 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8.2 as stoploss in an intra day buy trade for a target of 9.63. However, stock will show a bearish move below 8.2.

Share price targets for Sanco Industries (SANCO)

Target Type Value
Downside Target 6.90
Downside Target 7.60
Downside Target 7.95
Downside Target 8.30
Upside Target 9.55
Upside Target 10.20
Upside Target 11.15
Upside Target 11.85
Upside Target 12.05
Upside Target 12.75
Upside Target 13.20
Upside Target 14.60
Upside Target 18.80
Upside Target 21.50

Intraday share price targets for Sanco Industries (SANCO)

Target Type Value
Downside Intraday Target 8.3
Downside Intraday Target 8.3
Downside Intraday Target 8.3
Downside Intraday Target 8.3
Downside Intraday Target 8.3

Weekly technical analysis of Sanco Industries (SANCO)

Date Weekly Closing Price Open High Low Volume
05 Mon Apr 2021 8.30 8.30 8.30 8.30 0.169 times
01 Thu Apr 2021 7.95 7.60 7.95 6.90 0.336 times
26 Fri Mar 2021 7.60 9.80 10.20 7.60 0.658 times
19 Fri Mar 2021 9.80 11.05 11.85 9.55 1.838 times
12 Fri Mar 2021 10.50 11.15 11.30 10.20 1.372 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 Sanco Industries (SANCO)

Date Monthly Closing Price Open High Low Volume
05 Mon Apr 2021 8.30 7.65 8.30 7.65 0.035 times
31 Wed Mar 2021 7.60 11.85 12.05 6.90 0.133 times
25 Thu Feb 2021 12.00 17.00 21.50 11.15 2.107 times
29 Fri Jan 2021 16.45 13.90 18.80 13.20 4.82 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 Sanco Industries (SANCO)

Indicator Name Indicator Value Indicator Signal
ADX 18, 40, 38 Sell
MACD -3, -3Sell
Stochastics 29Sell
CCI -20Buy
RSI 50Buy
OBV -753269Sell
VWAP 8Buy
ADL 0Sell
ROC -16Sell
Force Index 0Sell

Price action analysis of Sanco Industries ( (SANCO) ) based on a short 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 Sanco Industries ( (SANCO) ) 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 Sanco Industries ( (SANCO) ) 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 Sanco Industries ( (SANCO) ) 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 Sanco Industries stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sanco Industries in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sanco Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 Sanco Industries in short term but BUY signal is weak.

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 Sanco Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.27 and Sanco Industries (SANCO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Sanco Industries (SANCO) stock. Volume based technical analysis of Sanco Industries (SANCO) stock is negative.

Sanco Industries Stock has given negative 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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Daily charts

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