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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 2024-09-04 View latest technical analysis

10 day averaged volume of Shipping Corp is 1411236

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	81.72	83.95	83.95	81.10	1.506 times
03 Tue Sep 2024	84.60	85.00	88.09	84.30	1.328 times
02 Mon Sep 2024	84.92	86.00	87.24	84.51	0.854 times
30 Fri Aug 2024	85.94	86.30	87.79	85.42	0.729 times
29 Thu Aug 2024	86.43	88.03	88.25	86.02	0.884 times
28 Wed Aug 2024	88.03	89.70	89.70	87.80	0.713 times
27 Tue Aug 2024	88.74	88.00	89.50	87.77	0.904 times
26 Mon Aug 2024	88.45	88.86	90.70	88.01	0.927 times
23 Fri Aug 2024	88.31	89.59	90.00	87.81	1.317 times
22 Thu Aug 2024	89.36	90.53	91.07	89.10	0.703 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 82.2, for a target of 85.9 or 89.01

Share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Target	56.75
Downside Target	60.00
Downside Target	75.80
Downside Target	80.42
Upside Target	85.42
Upside Target	90.10
Upside Target	90.70
Upside Target	93.22
Upside Target	95.99
Upside Target	96.95
Upside Target	103.89
Upside Target	108.55

Intraday share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Intraday Target	79.18
Downside Intraday Target	76.65
Upside Intraday Target	86.17
Upside Intraday Target	90.63
Upside Intraday Target	83.64

Weekly technical analysis of Shipping Corp (SCILAL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	81.72	86.00	88.09	81.10	0.887 times
30 Fri Aug 2024	85.94	88.86	90.70	85.42	0.694 times
23 Fri Aug 2024	88.31	91.50	93.22	87.01	0.958 times
16 Fri Aug 2024	91.19	92.54	96.95	90.10	0.615 times
09 Fri Aug 2024	92.41	93.99	95.99	89.25	0.556 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
04 Wed Sep 2024	81.72	86.00	88.09	81.10	0.118 times
30 Fri Aug 2024	85.94	103.69	103.89	85.42	0.224 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

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

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

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

Shipping Corp 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 Corp in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 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 86.28 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.