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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 2024-09-12 View latest technical analysis

10 day averaged volume of Shipping Corp is 1344941

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	77.68	76.74	78.58	76.51	0.652 times
11 Wed Sep 2024	76.57	79.60	79.99	76.00	0.917 times
10 Tue Sep 2024	78.60	80.00	81.36	78.26	0.928 times
09 Mon Sep 2024	78.36	79.51	79.60	77.35	1.03 times
06 Fri Sep 2024	79.60	81.52	82.16	79.32	0.987 times
05 Thu Sep 2024	82.23	82.14	83.59	82.00	0.577 times
04 Wed Sep 2024	81.72	83.95	83.95	81.10	1.58 times
03 Tue Sep 2024	84.60	85.00	88.09	84.30	1.394 times
02 Mon Sep 2024	84.92	86.00	87.24	84.51	0.896 times
30 Fri Aug 2024	85.94	86.30	87.79	85.42	0.765 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 80.3, but if it comes above 80.3, then a intra day buy could be more profitable.
If you take a sell trade below 80.3, then use 80.3 as stoploss and 74.8 as target. However if you take a buy trade in stock , then use 80.3 as stoploss and 84.95 as target.

Share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Target	56.75
Downside Target	60.00
Downside Target	75.80
Upside Target	79.32
Upside Target	85.42
Upside Target	88.90
Upside Target	90.10
Upside Target	90.70
Upside Target	93.22
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	75.33
Downside Intraday Target	72.99
Upside Intraday Target	80.69
Upside Intraday Target	83.71
Upside Intraday Target	78.35

Weekly technical analysis of Shipping Corp (SCILAL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	77.68	79.51	81.36	76.00	0.649 times
06 Fri Sep 2024	79.60	86.00	88.09	79.32	1.245 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

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
12 Thu Sep 2024	77.68	86.00	88.09	76.00	0.272 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Shipping Corp stock for short term is SELL. Signal strength is Strong and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Shipping Corp is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 81.16 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.