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(SGBJUL25_GB) Sgb2 50 complete technical analysis [charts+indicators] | Buy/Sell Sgb2 50 | (SGBJUL25_GB) share price targets

Complete technical analysis of Sgb2 50 (SGBJUL25_GB) by charts plus indicators, forecast predictions and share price targets for Sgb2 50 (SGBJUL25_GB)

Showing technical analysis as on 2024-06-07 View latest technical analysis

10 day averaged volume of Sgb2 50 is 69

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	7410.00	7390.00	7410.00	7300.00	0.087 times
06 Thu Jun 2024	7390.00	7370.00	7390.00	7370.00	0.435 times
05 Wed Jun 2024	7286.99	7253.00	7289.00	7236.99	2.449 times
04 Tue Jun 2024	7253.00	7274.90	7375.00	7253.00	1.58 times
03 Mon Jun 2024	7424.90	7275.00	7424.90	7240.00	1.319 times
31 Fri May 2024	7343.58	7310.00	7442.90	7260.00	1.565 times
30 Thu May 2024	7310.00	7310.00	7310.00	7310.00	0.13 times
29 Wed May 2024	7310.00	7299.99	7310.00	7299.99	0.304 times
28 Tue May 2024	7299.99	7211.01	7360.00	7211.01	0.087 times
27 Mon May 2024	7350.00	7259.57	7350.00	7240.00	0.594 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7378.1, but if it comes below 7378.1, then a intra day sell could be more profitable.
If you take a sell trade below 7378.1, then use 7378.1 as stoploss and 7320.88 as target. However if you take a buy trade in stock , then use 7378.1 as stoploss and 7446.8 as target.

Share price targets for Sgb2 50 (SGBJUL25_GB)

Target Type	Value
Downside Target	6020.15
Downside Target	6190.00
Downside Target	6325.00
Downside Target	6650.00
Downside Target	7101.05
Downside Target	7335.00
Downside Target	7380.00
Downside Target	7400.00
Upside Target	7424.90
Upside Target	7442.90

Intraday share price targets for Sgb2 50 (SGBJUL25_GB)

Target Type	Value
Downside Intraday Target	7289.69
Downside Intraday Target	7169.39
Upside Intraday Target	7477.6
Upside Intraday Target	7545.21
Downside Intraday Target	7357.3

Weekly technical analysis of Sgb2 50 (SGBJUL25_GB)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	7410.00	7275.00	7424.90	7236.99	2.189 times
31 Fri May 2024	7343.58	7259.57	7442.90	7211.01	0.389 times
24 Fri May 2024	7259.57	7300.00	7400.00	7131.00	0.755 times
17 Fri May 2024	7283.07	7298.99	7300.00	7200.00	1.281 times
10 Fri May 2024	7334.40	7110.00	7335.00	7110.00	1.309 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 Sgb2 50 (SGBJUL25_GB)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	7410.00	7275.00	7424.90	7236.99	0.203 times
31 Fri May 2024	7343.58	7107.43	7442.90	7101.05	1.41 times
30 Tue Apr 2024	7107.43	6849.00	7380.00	6656.01	0.811 times
28 Thu Mar 2024	6599.00	6239.99	6650.00	6190.00	1.117 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 Sgb2 50 (SGBJUL25_GB)

Price action analysis of Sgb2 50 ( (SGBJUL25_GB) ) 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 Sgb2 50 ( (SGBJUL25_GB) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sgb2 50 ( (SGBJUL25_GB) ) based on a mid to longer 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.

ADX buy sell signal for Sgb2 50 stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sgb2 50 in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sgb2 50 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 SELL signal for Sgb2 50 in short term but SELL 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 Sgb2 50 is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7324.51 and Sgb2 50 (SGBJUL25_GB) 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 Sgb2 50 (SGBJUL25_GB) stock. Volume based technical analysis of Sgb2 50 (SGBJUL25_GB) stock is negative.

Sgb2 50 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.