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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)

10 day averaged volume of Shipping Corp is 5266842

Date Daily Closing Price Open High Low Volume
06 Mon May 2024 66.05 69.70 70.20 64.60 0.442 times
03 Fri May 2024 69.20 70.90 70.95 68.25 0.388 times
02 Thu May 2024 68.20 69.40 70.45 67.25 0.555 times
30 Tue Apr 2024 68.45 70.05 72.40 67.30 1.248 times
29 Mon Apr 2024 72.75 76.45 77.00 70.15 1.163 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 0, for a target of 0 or

Share price targets for Shipping Corp (SCILAL)

Target Type Value
Downside Target 48.35
Downside Target 55.70
Downside Target 57.35
Downside Target 59.10
Downside Target 62.60
Downside Target 64.60
Upside Target 67.25
Upside Target 69.40
Upside Target 77.00
Upside Target 77.85

Intraday share price targets for Shipping Corp (SCILAL)

Target Type Value
Downside Intraday Target 63.7
Downside Intraday Target 61.35
Upside Intraday Target 69.3
Upside Intraday Target 72.55
Upside Intraday Target 66.95

Weekly technical analysis of Shipping Corp (SCILAL)

Date Weekly Closing Price Open High Low Volume
06 Mon May 2024 66.05 69.70 70.20 64.60 0.132 times
03 Fri May 2024 69.20 76.45 77.00 67.25 0.541 times
26 Fri Apr 2024 75.05 60.80 77.85 59.10 3.207 times
19 Fri Apr 2024 59.65 59.00 62.60 55.70 0.394 times
12 Fri Apr 2024 61.60 65.45 69.40 57.35 0 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
06 Mon May 2024 66.05 69.40 70.95 64.60 0.051 times
30 Tue Apr 2024 68.45 49.00 77.85 48.35 0 times
01 Thu Jan 1970 0 times
01 Thu Jan 1970 0 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 Shipping Corp (SCILAL)

Indicator Name Indicator Value Indicator Signal
ADX 30, 24, 12 Buy
MACD 35, 5Buy
Stochastics 49None
CCI -13Sell
RSI 60Buy
OBV 29533677Sell
VWAP 70Sell
ADL 0Sell
ROC 11Buy
Force Index 0Sell

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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shipping Corp ( (SCILAL) ) 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 Shipping Corp ( (SCILAL) ) based on a mid to longer term time period is

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

MACD generated a BUY signal for Shipping Corp in short term and the buy signal is strong.

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

Shipping Corp 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. 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 Shipping Corp in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 70.02 and Shipping Corp (SCILAL) 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 Shipping Corp (SCILAL) stock. Volume based technical analysis of Shipping Corp (SCILAL) stock is negative.

Shipping Corp Stock is giving positive 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.

Click here for Shipping Corp charts

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