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 2025-01-16 View latest technical analysis

10 day averaged volume of Shipping Corp is 700905

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	57.65	56.58	58.48	56.58	0.618 times
15 Wed Jan 2025	56.46	57.40	57.70	56.05	0.712 times
14 Tue Jan 2025	56.76	55.00	56.99	54.75	0.871 times
13 Mon Jan 2025	54.49	58.06	58.09	53.27	1.912 times
10 Fri Jan 2025	58.81	59.99	59.99	58.25	0.854 times
09 Thu Jan 2025	60.16	60.16	61.70	60.00	0.552 times
08 Wed Jan 2025	60.84	61.78	61.98	58.97	1.213 times
07 Tue Jan 2025	61.78	60.99	62.20	60.91	0.577 times
06 Mon Jan 2025	60.98	64.46	64.46	60.32	1.238 times
03 Fri Jan 2025	64.19	65.69	66.22	63.97	0.903 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.3, but if it comes above 58.3, then a intra day buy could be more profitable.
If you take a sell trade below 58.3, then use 58.3 as stoploss and 54.4 as target. However if you take a buy trade in stock , then use 58.3 as stoploss and 61.59 as target.

Share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Target	53.27
Upside Target	58.25
Upside Target	61.52
Upside Target	64.46
Upside Target	67.00
Upside Target	67.25
Upside Target	69.50
Upside Target	71.43
Upside Target	71.80
Upside Target	74.25
Upside Target	75.44
Upside Target	88.09

Intraday share price targets for Shipping Corp (SCILAL)

Target Type	Value
Downside Intraday Target	54.45
Downside Intraday Target	51.26
Upside Intraday Target	59.66
Upside Intraday Target	61.68
Downside Intraday Target	56.47

Weekly technical analysis of Shipping Corp (SCILAL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	57.65	58.06	58.48	53.27	0.928 times
10 Fri Jan 2025	58.81	64.46	64.46	58.25	1.048 times
03 Fri Jan 2025	64.19	63.70	67.25	61.52	1.515 times
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

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
16 Thu Jan 2025	57.65	63.20	67.25	53.27	0.526 times
31 Tue Dec 2024	62.99	69.94	74.25	61.52	0.648 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

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 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 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.

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 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 58.81 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.