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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 2024-09-20 View latest technical analysis

10 day averaged volume of Shipping Corp is 1348915

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	76.59	72.70	77.40	71.44	2.611 times
19 Thu Sep 2024	71.62	74.00	74.37	70.55	1.132 times
18 Wed Sep 2024	73.46	74.15	75.24	72.53	0.95 times
17 Tue Sep 2024	73.80	76.97	77.05	73.50	1.333 times
16 Mon Sep 2024	76.59	78.59	79.23	76.33	1.265 times
13 Fri Sep 2024	78.28	77.99	79.72	77.79	0.819 times
12 Thu Sep 2024	77.68	76.74	78.58	76.51	0.65 times
11 Wed Sep 2024	76.57	79.60	79.99	76.00	0.914 times
10 Tue Sep 2024	78.60	80.00	81.36	78.26	0.925 times
09 Mon Sep 2024	78.36	79.51	79.60	77.35	1.027 times

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

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 75.4 as stoploss in an intra day buy trade for a target of 80.61. However, stock will show a bearish move below 75.4.

Share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Target	56.75
Downside Target	60.00
Downside Target	70.55
Downside Target	75.80
Upside Target	79.23
Upside Target	85.42
Upside Target	88.09
Upside Target	88.90
Upside Target	90.70
Upside Target	93.22
Upside Target	103.89
Upside Target	108.55

Intraday share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Intraday Target	71.68
Downside Intraday Target	66.78
Upside Intraday Target	80.36
Upside Intraday Target	84.14
Downside Intraday Target	75.46

Weekly technical analysis of Shipping Corp (SCILAL)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	76.59	78.59	79.23	70.55	1.682 times
13 Fri Sep 2024	78.28	79.51	81.36	76.00	0.8 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shipping Corp (SCILAL)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	76.59	86.00	88.09	70.55	0.519 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 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 76.03 and Shipping Corp (SCILAL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.