Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2024-05-08 View latest technical analysis

10 day averaged volume of Saicom is 314137

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	0.58	0.60	0.60	0.58	0.868 times
07 Tue May 2024	0.60	0.61	0.61	0.59	0.443 times
06 Mon May 2024	0.60	0.64	0.64	0.60	1.615 times
03 Fri May 2024	0.63	0.62	0.64	0.62	0.78 times
02 Thu May 2024	0.64	0.64	0.64	0.62	0.432 times
30 Tue Apr 2024	0.64	0.64	0.65	0.63	1.75 times
29 Mon Apr 2024	0.64	0.65	0.66	0.64	0.799 times
26 Fri Apr 2024	0.65	0.66	0.66	0.64	0.964 times
25 Thu Apr 2024	0.65	0.66	0.66	0.64	1.246 times
24 Wed Apr 2024	0.66	0.66	0.67	0.64	1.073 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 0.6, for a target of 0.6 or 0.64

Share price targets for Saicom (Saicom)

Target Type	Value
Downside Target	0.52
Downside Target	0.58
Upside Target	0.61
Upside Target	0.66
Upside Target	0.67
Upside Target	0.69
Upside Target	0.73
Upside Target	0.76
Upside Target	0.80

Intraday share price targets for Saicom (Saicom)

Target Type	Value
Downside Intraday Target	0.56
Downside Intraday Target	0.54
Upside Intraday Target	0.62
Upside Intraday Target	0.66
Upside Intraday Target	0.6

Weekly technical analysis of Saicom (Saicom)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	0.58	0.64	0.64	0.58	0.778 times
03 Fri May 2024	0.63	0.65	0.66	0.62	0.744 times
26 Fri Apr 2024	0.65	0.64	0.67	0.63	1.1 times
19 Fri Apr 2024	0.64	0.63	0.67	0.62	1.713 times
12 Fri Apr 2024	0.64	0.65	0.67	0.63	0.46 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 Saicom (Saicom)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed May 2024	0.58	0.64	0.64	0.58	0.2 times
30 Tue Apr 2024	0.64	0.65	0.69	0.62	1.003 times
28 Thu Mar 2024	0.65	0.66	0.73	0.61	0.485 times
29 Thu Feb 2024	0.65	0.64	0.76	0.63	0.358 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 Saicom (Saicom)

Price action analysis of Saicom ( (Saicom) ) 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 Saicom ( (Saicom) ) 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 Saicom ( (Saicom) ) 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 Saicom stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Saicom 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Saicom 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Saicom is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.63 and Saicom (Saicom) 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 Saicom (Saicom) stock. Volume based technical analysis of Saicom (Saicom) stock is negative.

Saicom 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.