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 2024-05-16 View latest technical analysis

10 day averaged volume of Saicom is 357898

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	0.59	0.58	0.59	0.57	0.815 times
15 Wed May 2024	0.57	0.57	0.57	0.56	0.528 times
14 Tue May 2024	0.55	0.55	0.55	0.54	0.276 times
13 Mon May 2024	0.53	0.54	0.55	0.52	1.826 times
10 Fri May 2024	0.54	0.58	0.58	0.54	1.276 times
09 Thu May 2024	0.56	0.59	0.60	0.56	2.462 times
08 Wed May 2024	0.58	0.60	0.60	0.58	0.762 times
07 Tue May 2024	0.60	0.61	0.61	0.59	0.389 times
06 Mon May 2024	0.60	0.64	0.64	0.60	1.418 times
03 Fri May 2024	0.63	0.62	0.64	0.62	0.684 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.6, but if it comes above 0.6, then a intra day buy could be more profitable.
If you take a sell trade below 0.6, then use 0.6 as stoploss and 0.5 as target. However if you take a buy trade in stock , then use 0.6 as stoploss and 0.61 as target.

Share price targets for Saicom (Saicom)

Target Type	Value
Downside Target	0.52
Downside Target	0.54
Downside Target	0.59
Upside Target	0.61
Upside Target	0.64
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	0.54
Downside Intraday Target	0.5
Upside Intraday Target	0.61
Upside Intraday Target	0.64
Downside Intraday Target	0.57

Weekly technical analysis of Saicom (Saicom)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	0.59	0.54	0.59	0.52	0.546 times
10 Fri May 2024	0.54	0.64	0.64	0.54	1.911 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

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 Saicom (Saicom)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu May 2024	0.59	0.64	0.64	0.52	0.595 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the sell signal is strong.

Saicom 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Saicom in short term and BUY 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 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 0.57 and Saicom (Saicom) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.