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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 2024-11-01 View latest technical analysis

10 day averaged volume of Shipping Corp is 777108

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	67.90	75.44	75.44	65.30	3.459 times
31 Thu Oct 2024	62.87	63.98	63.98	62.12	0.627 times
30 Wed Oct 2024	63.51	62.07	63.88	61.41	1.083 times
29 Tue Oct 2024	62.18	61.44	62.50	61.01	0.681 times
28 Mon Oct 2024	61.02	61.00	61.94	59.20	1.104 times
25 Fri Oct 2024	59.88	61.90	61.90	58.50	1.136 times
24 Thu Oct 2024	61.60	62.09	63.20	61.25	0.677 times
23 Wed Oct 2024	62.09	60.51	62.95	60.41	0.868 times
22 Tue Oct 2024	61.32	64.80	65.20	61.00	1.351 times
21 Mon Oct 2024	64.71	68.05	68.05	64.25	0.981 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 67.7, but if it comes below 67.7, then a intra day sell could be more profitable.
If you take a sell trade below 67.7, then use 67.7 as stoploss and 64.91 as target. However if you take a buy trade in stock , then use 67.7 as stoploss and 71.1 as target.

Share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Target	58.50
Downside Target	63.10
Downside Target	65.30
Downside Target	66.95
Upside Target	69.50
Upside Target	70.98
Upside Target	75.44
Upside Target	80.42
Upside Target	85.42
Upside Target	88.09
Upside Target	103.89
Upside Target	108.55

Intraday share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Intraday Target	59.59
Downside Intraday Target	51.27
Upside Intraday Target	75.83
Upside Intraday Target	83.75
Downside Intraday Target	67.51

Weekly technical analysis of Shipping Corp (SCILAL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	67.90	61.00	75.44	59.20	1.387 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
01 Fri Nov 2024	67.90	75.44	75.44	65.30	0.139 times
31 Thu Oct 2024	62.87	70.94	71.80	58.50	0.619 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

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shipping Corp ( (SCILAL) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shipping Corp in short term but the buy signal is initial and weak.

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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shipping Corp in short term and BUY signal is strong.

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

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 63.74 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 rising upwards.

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 is giving positive 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.