Shipping Corporation of India Faces Mixed Technical Indicators Amid Market Volatility
Shipping Corporation of India has recently revised its evaluation, reflecting changes in technical indicators amid stock price fluctuations. The company has experienced significant volatility over the past year, with mixed technical signals and a notable decline year-to-date, highlighting challenges in the competitive shipping market.
Shipping Corporation of India has recently undergone an evaluation revision, reflecting shifts in its technical indicators. The company, operating within the small-cap shipping industry, has seen its stock price fluctuate, currently standing at 44.87, up from a previous close of 43.80. Over the past year, the stock has experienced a high of 108.56 and a low of 35.65, indicating significant volatility.The technical summary reveals a mixed picture. The MACD and KST indicators are bearish on a weekly basis, while the RSI shows bullish momentum. Moving averages indicate bearish sentiment, and Bollinger Bands reflect a mildly bearish trend. Additionally, the Dow Theory presents a mildly bullish outlook on a weekly basis, contrasting with a mildly bearish monthly perspective. The On-Balance Volume (OBV) also suggests a mildly bearish trend.
In terms of performance, the company’s stock return over the past week is 0.61%, while the Sensex has returned 1.62%. However, the longer-term view shows a decline of 28.9% year-to-date, compared to a modest 3.63% drop in the Sensex. This performance highlights the challenges faced by Shipping Corporation of India in a competitive market environment.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
