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

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

Showing technical analysis as on 2024-08-09 View latest technical analysis

10 day averaged volume of Shipping Corp is 4230052

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	92.41	92.99	93.39	91.00	0.351 times
08 Thu Aug 2024	91.22	93.67	93.69	91.00	0.407 times
07 Wed Aug 2024	93.19	93.00	93.90	90.48	0.522 times
06 Tue Aug 2024	90.09	93.49	95.99	89.25	0.899 times
05 Mon Aug 2024	92.02	93.99	95.79	90.71	1.218 times
02 Fri Aug 2024	98.93	97.00	100.70	96.50	0.819 times
01 Thu Aug 2024	99.11	103.69	103.89	98.24	0.78 times
31 Wed Jul 2024	102.70	103.99	104.80	101.65	0.697 times
30 Tue Jul 2024	103.26	101.25	107.50	100.80	2.5 times
29 Mon Jul 2024	101.16	101.89	104.67	99.80	1.311 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 93.7, but if it comes above 93.7, then a intra day buy could be more profitable.
If you take a sell trade below 93.7, then use 93.7 as stoploss and 88.8 as target. However if you take a buy trade in stock , then use 93.7 as stoploss and 97.76 as target.

Share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Target	48.35
Downside Target	56.75
Downside Target	60.00
Downside Target	75.80
Downside Target	77.85
Downside Target	80.42
Downside Target	84.02
Downside Target	88.90
Downside Target	91.17
Upside Target	95.99
Upside Target	103.89
Upside Target	106.50
Upside Target	107.50
Upside Target	108.55

Intraday share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Intraday Target	89.11
Downside Intraday Target	85.81
Upside Intraday Target	95.85
Upside Intraday Target	99.29
Upside Intraday Target	92.55

Weekly technical analysis of Shipping Corp (SCILAL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	92.41	93.99	95.99	89.25	0.556 times
02 Fri Aug 2024	98.93	101.89	107.50	96.50	0.727 times
26 Fri Jul 2024	100.91	92.39	106.50	91.17	1.442 times
19 Fri Jul 2024	93.23	103.50	104.99	92.50	0.294 times
12 Fri Jul 2024	101.26	86.87	108.55	84.02	2.39 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 Corp (SCILAL)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	92.41	103.69	103.89	89.25	0.107 times
31 Wed Jul 2024	102.70	81.45	108.55	80.42	1.557 times
28 Fri Jun 2024	81.21	73.00	88.90	56.75	2.262 times
31 Fri May 2024	66.70	69.40	75.80	60.00	0.394 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 Corp (SCILAL)

Price action analysis of Shipping Corp ( (SCILAL) ) 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 Corp ( (SCILAL) ) based on a short to mid 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 Corp ( (SCILAL) ) 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 Corp stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Shipping Corp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Shipping Corp in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 Corp is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 98.06 and Shipping Corp (SCILAL) 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 Corp (SCILAL) stock. Volume based technical analysis of Shipping Corp (SCILAL) stock is negative.

Shipping Corp 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.