Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-04 View latest technical analysis

10 day averaged volume of Shipping Corporation is 9088375

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	214.90	255.50	255.50	207.40	1.202 times
03 Mon Jun 2024	259.20	265.00	266.80	254.50	0.852 times
31 Fri May 2024	245.70	242.90	251.65	233.85	0.607 times
30 Thu May 2024	241.65	250.90	251.35	240.35	0.279 times
29 Wed May 2024	251.15	246.00	254.70	244.00	0.466 times
28 Tue May 2024	247.90	261.00	261.00	245.00	0.507 times
27 Mon May 2024	259.10	266.45	269.65	254.20	0.586 times
24 Fri May 2024	262.50	261.95	274.70	255.20	1.29 times
23 Thu May 2024	262.60	240.95	271.50	240.50	3.633 times
22 Wed May 2024	239.30	240.05	243.50	231.80	0.535 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 214.4 as stoploss in an intra day buy trade for a target of 234.1. However, stock will show a bearish move below 214.4.

Share price targets for Shipping Corporation (SCI)

Target Type	Value
Downside Target	189.55
Downside Target	198.30
Upside Target	223.05
Upside Target	228.70
Upside Target	233.85
Upside Target	242.70
Upside Target	266.80
Upside Target	269.65
Upside Target	274.70
Upside Target	290.75

Intraday share price targets for Shipping Corporation (SCI)

Target Type	Value
Downside Intraday Target	192.6
Downside Intraday Target	170.3
Upside Intraday Target	252
Upside Intraday Target	289.1
Upside Intraday Target	229.7

Weekly technical analysis of Shipping Corporation (SCI)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	214.90	265.00	266.80	207.40	0.84 times
31 Fri May 2024	245.70	266.45	269.65	233.85	0.365 times
24 Fri May 2024	262.50	231.20	274.70	228.70	2.043 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

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
04 Tue Jun 2024	214.90	265.00	266.80	207.40	0.149 times
31 Fri May 2024	245.70	228.00	274.70	198.30	1.983 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

Shipping Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 252.18 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.