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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 2024-05-21 View latest technical analysis

10 day averaged volume of Shipping Corporation is 3582743

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	238.85	231.20	244.65	228.70	3.158 times
18 Sat May 2024	230.95	229.15	234.80	226.55	0.453 times
17 Fri May 2024	234.70	234.00	237.10	228.55	1.801 times
16 Thu May 2024	233.50	225.70	234.80	222.05	2.526 times
15 Wed May 2024	224.50	210.10	227.50	210.00	2.211 times
14 Tue May 2024	208.50	204.00	212.80	204.00	0.932 times
13 Mon May 2024	202.85	206.70	206.85	198.30	0.4 times
10 Fri May 2024	205.85	207.90	208.95	200.55	0.498 times
09 Thu May 2024	206.45	212.60	213.60	205.55	0.299 times
08 Wed May 2024	211.90	210.25	214.80	207.60	0.366 times

Stock of Shipping Corporation (SCI) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 232.9, but if it comes below 232.9, then a intra day sell could be more profitable.
If you take a sell trade below 232.9, then use 232.9 as stoploss and 221.95 as target. However if you take a buy trade in stock , then use 232.9 as stoploss and 246.1 as target.

Share price targets for Shipping Corporation (SCI)

Target Type	Value
Downside Target	159.50
Downside Target	189.55
Downside Target	198.30
Downside Target	210.15
Downside Target	219.70
Downside Target	228.70
Downside Target	235.50
Downside Target	235.70
Downside Target	237.10
Upside Target	242.70
Upside Target	244.65
Upside Target	290.75

Intraday share price targets for Shipping Corporation (SCI)

Target Type	Value
Downside Intraday Target	230.15
Downside Intraday Target	221.45
Upside Intraday Target	246.1
Upside Intraday Target	253.35
Downside Intraday Target	237.4

Weekly technical analysis of Shipping Corporation (SCI)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	238.85	231.20	244.65	228.70	0.379 times
18 Sat May 2024	230.95	206.70	237.10	198.30	3.777 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

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 Shipping Corporation (SCI)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Tue May 2024	238.85	228.00	244.65	198.30	0.848 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 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 Corporation (SCI)

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

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

MACD generated a BUY signal for Shipping Corporation 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 Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Shipping Corporation in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 228.18 and Shipping Corporation (SCI) 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 Corporation (SCI) stock. Volume based technical analysis of Shipping Corporation (SCI) stock is negative.

Shipping Corporation 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.