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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 2024-11-28 View latest technical analysis

10 day averaged volume of Shipping Corp is 1063831

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	70.10	70.92	71.80	69.00	1.078 times
27 Wed Nov 2024	69.86	65.80	72.48	65.28	3.843 times
26 Tue Nov 2024	65.60	66.50	67.09	65.14	0.751 times
25 Mon Nov 2024	64.89	64.40	65.76	64.29	0.574 times
22 Fri Nov 2024	62.93	62.00	63.90	61.53	0.648 times
21 Thu Nov 2024	61.84	63.39	63.39	59.15	0.893 times
19 Tue Nov 2024	63.39	63.00	64.40	62.81	0.536 times
18 Mon Nov 2024	62.28	62.95	63.57	61.59	0.556 times
14 Thu Nov 2024	61.77	61.96	63.61	61.26	0.526 times
13 Wed Nov 2024	61.59	64.10	64.49	61.11	0.949 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 70.6, for a target of 67.5 or 65.04

Share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Target	58.50
Downside Target	61.11
Downside Target	64.00
Downside Target	69.19
Upside Target	70.89
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	65.43
Downside Intraday Target	60.77
Upside Intraday Target	73.62
Upside Intraday Target	77.15
Downside Intraday Target	68.96

Weekly technical analysis of Shipping Corp (SCILAL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	70.10	64.40	72.48	64.29	2.373 times
22 Fri Nov 2024	62.93	62.95	64.40	59.15	0.506 times
14 Thu Nov 2024	61.77	64.51	70.89	61.11	1.069 times
08 Fri Nov 2024	64.34	68.60	69.19	64.00	0.959 times
01 Fri Nov 2024	67.90	61.00	75.44	59.20	1.387 times

Price has moved up 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
28 Thu Nov 2024	70.10	75.44	75.44	59.15	1.182 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 neutral. A longer time frame might give a better analysis.

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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 66.26 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.