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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 2024-05-23 View latest technical analysis

10 day averaged volume of Shipping Corporation is 4884828

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	262.60	240.95	271.50	240.50	6.76 times
22 Wed May 2024	239.30	240.05	243.50	231.80	0.995 times
21 Tue May 2024	238.85	231.20	244.65	228.70	2.316 times
18 Sat May 2024	230.95	229.15	234.80	226.55	0.332 times
17 Fri May 2024	234.70	234.00	237.10	228.55	1.321 times
16 Thu May 2024	233.50	225.70	234.80	222.05	1.853 times
15 Wed May 2024	224.50	210.10	227.50	210.00	1.622 times
14 Tue May 2024	208.50	204.00	212.80	204.00	0.684 times
13 Mon May 2024	202.85	206.70	206.85	198.30	0.293 times
10 Fri May 2024	205.85	207.90	208.95	200.55	0.365 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 256.8, for a target of 239.4 or 224.97

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
Downside Target	242.70
Upside Target	271.50
Upside Target	290.75

Intraday share price targets for Shipping Corporation (SCI)

Target Type	Value
Downside Intraday Target	237.03
Downside Intraday Target	211.47
Upside Intraday Target	279.83
Upside Intraday Target	297.07
Downside Intraday Target	254.27

Weekly technical analysis of Shipping Corporation (SCI)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	262.60	231.20	271.50	228.70	1.65 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shipping Corporation (SCI)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Thu May 2024	262.60	228.00	271.50	198.30	1.447 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 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 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 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 stronger in this stock.

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 243.47 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.