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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 2024-12-27 View latest technical analysis

10 day averaged volume of Shipping Corp is 634110

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	63.09	63.29	63.50	62.79	0.498 times
26 Thu Dec 2024	62.69	63.58	63.93	61.82	0.942 times
24 Tue Dec 2024	63.43	63.49	64.42	63.24	0.461 times
23 Mon Dec 2024	63.33	65.79	67.00	63.09	1.186 times
20 Fri Dec 2024	65.09	67.00	67.45	64.56	0.982 times
19 Thu Dec 2024	67.30	65.20	67.88	65.08	1.114 times
18 Wed Dec 2024	66.75	68.21	68.68	66.60	0.838 times
17 Tue Dec 2024	68.86	68.51	70.15	68.22	1.082 times
16 Mon Dec 2024	69.00	67.97	71.43	67.94	1.508 times
13 Fri Dec 2024	67.82	68.89	68.99	67.11	0.948 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 65.1, but if it comes above 65.1, then a intra day buy could be more profitable.
If you take a sell trade below 65.1, then use 65.1 as stoploss and 61.5 as target. However if you take a buy trade in stock , then use 65.1 as stoploss and 68.08 as target.

Share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Target	58.50
Downside Target	61.82
Upside Target	64.29
Upside Target	67.00
Upside Target	68.52
Upside Target	71.43
Upside Target	72.48
Upside Target	74.25
Upside Target	75.44
Upside Target	85.42
Upside Target	88.09
Upside Target	103.89

Intraday share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Intraday Target	60.94
Downside Intraday Target	58.79
Upside Intraday Target	66.12
Upside Intraday Target	69.15
Upside Intraday Target	63.97

Weekly technical analysis of Shipping Corp (SCILAL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	63.09	65.79	67.00	61.82	0.559 times
20 Fri Dec 2024	65.09	67.97	71.43	64.56	1.129 times
13 Fri Dec 2024	67.82	71.85	72.25	67.11	0.507 times
06 Fri Dec 2024	71.65	69.94	74.25	68.52	0.796 times
29 Fri Nov 2024	70.06	64.40	72.48	64.29	2.745 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
27 Fri Dec 2024	63.09	69.94	74.25	61.82	0.614 times
29 Fri Nov 2024	70.06	75.44	75.44	59.15	1.236 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

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

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 66.17 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.