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

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

Shipping Corporation trades in NSE in Shipping sector.

Showing technical analysis as on 2024-05-07 View latest technical analysis

10 day averaged volume of Shipping Corporation is 3165198

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	209.75	215.70	217.80	206.15	0.581 times
06 Mon May 2024	215.40	223.00	223.05	213.10	0.597 times
03 Fri May 2024	221.40	229.20	230.35	220.45	0.894 times
02 Thu May 2024	227.85	228.00	231.90	225.15	0.564 times
30 Tue Apr 2024	227.25	233.40	234.00	225.55	0.519 times
29 Mon Apr 2024	232.70	233.90	235.50	230.60	0.55 times
26 Fri Apr 2024	232.25	234.25	235.10	228.30	1.017 times
25 Thu Apr 2024	232.85	221.25	235.70	220.60	3.41 times
24 Wed Apr 2024	221.25	221.50	224.90	220.30	0.635 times
23 Tue Apr 2024	220.30	212.75	224.10	210.70	1.531 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 212.7, but if it comes above 212.7, then a intra day buy could be more profitable.
If you take a sell trade below 212.7, then use 212.7 as stoploss and 203.1 as target. However if you take a buy trade in stock , then use 212.7 as stoploss and 220.62 as target.

Share price targets for Shipping Corporation (SCI)

Target Type	Value
Downside Target	159.50
Downside Target	189.55
Downside Target	203.05
Upside Target	215.65
Upside Target	223.05
Upside Target	231.90
Upside Target	234.00
Upside Target	235.50
Upside Target	235.70
Upside Target	242.70
Upside Target	290.75

Intraday share price targets for Shipping Corporation (SCI)

Target Type	Value
Downside Intraday Target	202.92
Downside Intraday Target	196.08
Upside Intraday Target	219.82
Upside Intraday Target	229.88
Upside Intraday Target	212.98

Weekly technical analysis of Shipping Corporation (SCI)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	209.75	223.00	223.05	206.15	0.466 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
19 Fri Apr 2024	209.35	210.10	216.80	203.05	0.657 times
12 Fri Apr 2024	220.35	231.75	234.00	215.65	0.482 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 Shipping Corporation (SCI)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Tue May 2024	209.75	228.00	231.90	206.15	0.132 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

Scroll below to view daily charts

Price has moved down 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 Corporation (SCI)

Price action analysis of Shipping Corporation ( (SCI) ) 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 Shipping Corporation ( (SCI) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shipping Corporation ( (SCI) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

Shipping Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shipping Corporation in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 226.34 and Shipping Corporation (SCI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Shipping Corporation (SCI) stock. Volume based technical analysis of Shipping Corporation (SCI) stock is negative.

Shipping Corporation Stock has given negative 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.