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(SabooSodium) Saboo Sodium complete technical analysis [charts+indicators] | Buy/Sell Saboo Sodium | (SabooSodium) share price targets

Complete technical analysis of Saboo Sodium (SabooSodium) by charts plus indicators, forecast predictions and share price targets for Saboo Sodium (SabooSodium)

10 day averaged volume of Saboo Sodium is 74718

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 18.49 18.92 18.92 18.22 0.247 times
07 Tue May 2024 18.55 19.75 19.75 18.47 0.492 times
06 Mon May 2024 19.06 19.27 19.27 18.56 0.245 times
03 Fri May 2024 18.87 19.34 19.34 18.76 0.707 times
02 Thu May 2024 19.34 19.68 19.68 18.82 0.875 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.5, but if it comes above 18.5, then a intra day buy could be more profitable.
If you take a sell trade below 18.5, then use 18.5 as stoploss and 18 as target. However if you take a buy trade in stock , then use 18.5 as stoploss and 18.82 as target.

Share price targets for Saboo Sodium (SabooSodium)

Target Type Value
Downside Target 17.60
Downside Target 18.12
Upside Target 19.18
Upside Target 19.75
Upside Target 20.15
Upside Target 20.20
Upside Target 22.23
Upside Target 25.30

Intraday share price targets for Saboo Sodium (SabooSodium)

Target Type Value
Downside Intraday Target 17.89
Downside Intraday Target 17.29
Upside Intraday Target 19.42
Upside Intraday Target 20.35
Upside Intraday Target 18.82

Weekly technical analysis of Saboo Sodium (SabooSodium)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 18.49 19.27 19.75 18.22 0.292 times
03 Fri May 2024 18.87 19.65 19.68 18.76 0.411 times
26 Fri Apr 2024 19.23 18.80 19.50 18.12 2.297 times
19 Fri Apr 2024 18.16 18.03 19.18 17.60 1.045 times
12 Fri Apr 2024 18.38 19.86 20.15 18.31 0.926 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 Saboo Sodium (SabooSodium)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 18.49 19.68 19.75 18.22 0.124 times
30 Tue Apr 2024 19.30 18.50 20.15 17.60 1.366 times
28 Thu Mar 2024 18.35 19.31 20.20 17.60 0.582 times
29 Thu Feb 2024 19.30 22.23 22.23 18.51 0.487 times

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 Saboo Sodium (SabooSodium)

Indicator Name Indicator Value Indicator Signal
ADX 16, 14, 4 Buy
MACD -0, -0Sell
Stochastics 28Sell
CCI -175Sell
RSI 50Buy
OBV 264583Sell
VWAP 19Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Saboo Sodium ( (SabooSodium) ) 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 Saboo Sodium ( (SabooSodium) ) 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 Saboo Sodium ( (SabooSodium) ) 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 Saboo Sodium ( (SabooSodium) ) 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 Saboo Sodium stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Saboo Sodium in short term and the sell signal is strong.

Saboo Sodium Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Saboo Sodium in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Saboo Sodium is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.16 and Saboo Sodium (SabooSodium) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Saboo Sodium (SabooSodium) stock. Volume based technical analysis of Saboo Sodium (SabooSodium) stock is negative.

Saboo Sodium Stock has given negative 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.

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