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

(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 2024-10-03 View latest technical analysis

10 day averaged volume of Shipping Corp is 1511980

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	68.23	70.44	70.44	67.99	0.81 times
01 Tue Oct 2024	70.94	70.94	71.80	70.60	0.35 times
30 Mon Sep 2024	70.57	71.79	71.79	69.50	1.391 times
27 Fri Sep 2024	71.47	71.99	72.40	71.21	0.767 times
26 Thu Sep 2024	71.99	72.43	72.90	71.41	0.574 times
25 Wed Sep 2024	72.07	73.72	74.34	70.80	1.043 times
24 Tue Sep 2024	73.62	74.39	74.79	73.38	0.53 times
23 Mon Sep 2024	74.10	77.00	77.34	74.00	1.157 times
20 Fri Sep 2024	76.59	72.70	77.40	71.44	2.33 times
19 Thu Sep 2024	71.62	74.00	74.37	70.55	1.01 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 67, for a target of 71.3 or 74.82

Share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Target	56.75
Downside Target	67.99
Upside Target	69.50
Upside Target	76.00
Upside Target	79.23
Upside Target	81.36
Upside Target	85.42
Upside Target	88.09
Upside Target	88.90
Upside Target	103.89
Upside Target	108.55

Intraday share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Intraday Target	66.88
Downside Intraday Target	65.53
Upside Intraday Target	70.69
Upside Intraday Target	73.15
Upside Intraday Target	69.34

Weekly technical analysis of Shipping Corp (SCILAL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	68.23	71.79	71.80	67.99	0.627 times
27 Fri Sep 2024	71.47	77.00	77.34	70.80	0.626 times
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

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
03 Thu Oct 2024	68.23	70.94	71.80	67.99	0.056 times
30 Mon Sep 2024	70.57	86.00	88.09	69.50	0.706 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

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 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 72.79 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.