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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 2024-10-28 View latest technical analysis

10 day averaged volume of Shipping Corp is 809618

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	61.02	61.00	61.94	59.20	1.06 times
25 Fri Oct 2024	59.88	61.90	61.90	58.50	1.09 times
24 Thu Oct 2024	61.60	62.09	63.20	61.25	0.65 times
23 Wed Oct 2024	62.09	60.51	62.95	60.41	0.833 times
22 Tue Oct 2024	61.32	64.80	65.20	61.00	1.297 times
21 Mon Oct 2024	64.71	68.05	68.05	64.25	0.941 times
18 Fri Oct 2024	67.03	65.60	68.81	63.50	1.433 times
17 Thu Oct 2024	65.90	68.59	68.85	65.50	0.928 times
16 Wed Oct 2024	68.32	67.19	69.00	67.19	1.064 times
15 Tue Oct 2024	67.50	67.19	69.50	66.22	1.243 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.8, but if it comes above 62.8, then a intra day buy could be more profitable.
If you take a sell trade below 62.8, then use 62.8 as stoploss and 59 as target. However if you take a buy trade in stock , then use 62.8 as stoploss and 65.97 as target.

Share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Target	56.75
Downside Target	58.50
Upside Target	61.94
Upside Target	66.95
Upside Target	69.50
Upside Target	70.98
Upside Target	71.80
Upside Target	80.42
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	59.5
Downside Intraday Target	57.98
Upside Intraday Target	62.24
Upside Intraday Target	63.46
Downside Intraday Target	60.72

Weekly technical analysis of Shipping Corp (SCILAL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	61.02	61.00	61.94	59.20	0.22 times
25 Fri Oct 2024	59.88	68.05	68.05	58.50	0.927 times
18 Fri Oct 2024	67.03	67.99	69.50	63.50	0.727 times
11 Fri Oct 2024	67.65	68.50	70.98	63.10	1.193 times
04 Fri Oct 2024	67.96	71.79	71.80	66.95	0.787 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
28 Mon Oct 2024	61.02	70.94	71.80	58.50	0.559 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 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 64.14 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.