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(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 2024-06-06 View latest technical analysis

10 day averaged volume of Saicom is 329084

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	0.57	0.56	0.57	0.56	1.233 times
05 Wed Jun 2024	0.56	0.57	0.57	0.54	1.189 times
04 Tue Jun 2024	0.56	0.59	0.59	0.56	2.146 times
03 Mon Jun 2024	0.58	0.58	0.60	0.58	1.25 times
31 Fri May 2024	0.59	0.59	0.60	0.57	1.031 times
30 Thu May 2024	0.58	0.59	0.59	0.58	0.388 times
29 Wed May 2024	0.58	0.59	0.60	0.58	1.071 times
28 Tue May 2024	0.60	0.60	0.61	0.59	0.463 times
27 Mon May 2024	0.60	0.59	0.60	0.57	1.545 times
24 Fri May 2024	0.58	0.59	0.60	0.57	0.519 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 0.58 as target.

Share price targets for Saicom (Saicom)

Target Type	Value
Downside Target	0.52
Downside Target	0.54
Downside Target	0.57
Upside Target	0.60
Upside Target	0.62
Upside Target	0.63
Upside Target	0.64
Upside Target	0.69
Upside Target	0.73
Upside Target	0.76

Intraday share price targets for Saicom (Saicom)

Target Type	Value
Downside Intraday Target	0.54
Downside Intraday Target	0.51
Upside Intraday Target	0.6
Upside Intraday Target	0.63
Downside Intraday Target	0.57

Weekly technical analysis of Saicom (Saicom)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	0.57	0.58	0.60	0.54	1.294 times
31 Fri May 2024	0.59	0.59	0.61	0.57	1.25 times
24 Fri May 2024	0.58	0.61	0.62	0.57	0.788 times
18 Sat May 2024	0.61	0.54	0.61	0.52	0.666 times
10 Fri May 2024	0.54	0.64	0.64	0.54	1.911 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
06 Thu Jun 2024	0.57	0.58	0.60	0.54	0.281 times
31 Fri May 2024	0.59	0.64	0.64	0.52	1.046 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

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 and the sell signal is strong.

Saicom Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Saicom in short term but BUY 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 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 0.58 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.