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(SGBMAY25_GB) Sgb2 50 complete technical analysis [charts+indicators] | Buy/Sell Sgb2 50 | (SGBMAY25_GB) share price targets

Complete technical analysis of Sgb2 50 (SGBMAY25_GB) by charts plus indicators, forecast predictions and share price targets for Sgb2 50 (SGBMAY25_GB)

Showing technical analysis as on 2024-05-30 View latest technical analysis

10 day averaged volume of Sgb2 50 is 82

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	7352.00	7352.00	7352.00	7281.01	0.317 times
29 Wed May 2024	7352.00	7299.99	7469.90	7299.99	0.366 times
27 Mon May 2024	7299.99	7299.00	7300.00	7233.01	0.524 times
23 Thu May 2024	7300.00	7370.00	7370.00	7250.01	0.427 times
22 Wed May 2024	7370.00	7345.22	7425.00	7345.00	4.793 times
21 Tue May 2024	7345.22	7280.00	7449.79	7280.00	0.78 times
18 Sat May 2024	7270.00	7270.00	7270.00	7270.00	0.037 times
17 Fri May 2024	7278.50	7299.00	7299.00	7201.11	1.012 times
16 Thu May 2024	7240.02	7235.14	7251.00	7235.00	1.037 times
15 Wed May 2024	7299.90	7245.00	7299.90	7179.01	0.183 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7329.7, but if it comes below 7329.7, then a intra day sell could be more profitable.
If you take a sell trade below 7329.7, then use 7329.7 as stoploss and 7285.16 as target. However if you take a buy trade in stock , then use 7329.7 as stoploss and 7383.1 as target.

Share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Target	6185.00
Downside Target	6683.00
Downside Target	7072.01
Downside Target	7250.01
Downside Target	7299.90
Downside Target	7300.00
Upside Target	7399.00
Upside Target	7449.00
Upside Target	7449.79
Upside Target	7469.90

Intraday share price targets for Sgb2 50 (SGBMAY25_GB)

Target Type	Value
Downside Intraday Target	7233.37
Downside Intraday Target	7114.75
Upside Intraday Target	7470.26
Upside Intraday Target	7588.53
Downside Intraday Target	7351.64

Weekly technical analysis of Sgb2 50 (SGBMAY25_GB)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	7352.00	7299.00	7469.90	7233.01	0.201 times
23 Thu May 2024	7300.00	7280.00	7449.79	7250.01	1.542 times
18 Sat May 2024	7270.00	7201.01	7299.90	7179.01	1.139 times
10 Fri May 2024	7250.75	7130.00	7449.00	7100.00	1.202 times
03 Fri May 2024	7285.00	7100.11	7300.00	7072.01	0.455 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 Sgb2 50 (SGBMAY25_GB)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu May 2024	7352.00	7287.99	7469.90	7072.01	0.38 times
30 Tue Apr 2024	7287.99	6700.00	7399.00	6700.00	2.386 times
28 Thu Mar 2024	6667.37	6230.00	6683.00	6200.00	0.68 times
29 Thu Feb 2024	6247.48	6250.00	6309.90	6185.00	1.638 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 (SGBMAY25_GB)

Price action analysis of Sgb2 50 ( (SGBMAY25_GB) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sgb2 50 ( (SGBMAY25_GB) ) based on a short 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 ( (SGBMAY25_GB) ) based on a short to mid 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 Sgb2 50 ( (SGBMAY25_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 Strong and stock is losing momentum.

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

Sgb2 50 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sgb2 50 in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Sgb2 50 is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7333.9 and Sgb2 50 (SGBMAY25_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 (SGBMAY25_GB) stock. Volume based technical analysis of Sgb2 50 (SGBMAY25_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.