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 2024-10-10 View latest technical analysis

10 day averaged volume of Shipping Corp is 1244615

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	68.24	68.27	70.98	67.71	1.062 times
09 Wed Oct 2024	67.94	68.60	68.98	67.65	0.872 times
08 Tue Oct 2024	67.44	64.40	68.00	63.20	1.18 times
07 Mon Oct 2024	64.12	68.50	68.60	63.10	1.159 times
04 Fri Oct 2024	67.96	68.40	68.70	66.95	0.793 times
03 Thu Oct 2024	68.23	70.44	70.44	67.99	0.984 times
01 Tue Oct 2024	70.94	70.94	71.80	70.60	0.425 times
30 Mon Sep 2024	70.57	71.79	71.79	69.50	1.69 times
27 Fri Sep 2024	71.47	71.99	72.40	71.21	0.931 times
26 Thu Sep 2024	71.99	72.43	72.90	71.41	0.698 times

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 68.1 as stoploss in an intra day buy trade for a target of 71.84. However, stock will show a bearish move below 68.1.

Share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Target	56.75
Downside Target	63.10
Downside Target	66.95
Upside Target	69.50
Upside Target	76.00
Upside Target	79.23
Upside Target	80.42
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	63.9
Downside Intraday Target	59.56
Upside Intraday Target	71.78
Upside Intraday Target	75.32
Downside Intraday Target	67.44

Weekly technical analysis of Shipping Corp (SCILAL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	68.24	68.50	70.98	63.10	1.098 times
04 Fri Oct 2024	67.96	71.79	71.80	66.95	0.787 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

Price has moved up 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
10 Thu Oct 2024	68.24	70.94	71.80	63.10	0.258 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shipping Corp ( (SCILAL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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

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 68.7 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.