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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 2024-05-13 View latest technical analysis

10 day averaged volume of Shipping Corporation is 1911736

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon May 2024	202.85	206.70	206.85	198.30	0.75 times
10 Fri May 2024	205.85	207.90	208.95	200.55	0.933 times
09 Thu May 2024	206.45	212.60	213.60	205.55	0.561 times
08 Wed May 2024	211.90	210.25	214.80	207.60	0.687 times
07 Tue May 2024	209.75	215.70	217.80	206.15	0.961 times
06 Mon May 2024	215.40	223.00	223.05	213.10	0.989 times
03 Fri May 2024	221.40	229.20	230.35	220.45	1.48 times
02 Thu May 2024	227.85	228.00	231.90	225.15	0.934 times
30 Tue Apr 2024	227.25	233.40	234.00	225.55	0.859 times
29 Mon Apr 2024	232.70	233.90	235.50	230.60	0.911 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 207.9, but if it comes above 207.9, then a intra day buy could be more profitable.
If you take a sell trade below 207.9, then use 207.9 as stoploss and 196.8 as target. However if you take a buy trade in stock , then use 207.9 as stoploss and 217.19 as target.

Share price targets for Shipping Corporation (SCI)

Target Type	Value
Downside Target	159.50
Downside Target	189.55
Downside Target	198.30
Upside Target	216.80
Upside Target	220.45
Upside Target	223.05
Upside Target	231.90
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	198.48
Downside Intraday Target	194.12
Upside Intraday Target	207.03
Upside Intraday Target	211.22
Downside Intraday Target	202.67

Weekly technical analysis of Shipping Corporation (SCI)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon May 2024	202.85	206.70	206.85	198.30	0.181 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
19 Fri Apr 2024	209.35	210.10	216.80	203.05	0.657 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
13 Mon May 2024	202.85	228.00	231.90	198.30	0.22 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shipping Corporation ( (SCI) ) 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 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 and the sell signal is strong.

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 red color and prices are below the red 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 217.09 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.