A sharp volume spike pushed SICALLOG.BO stock into focus pre-market on 28 Feb 2026 after 302,328 shares traded versus a 1,714 average, a 176.39x jump. Price opened at INR 67.90 and sits at INR 63.17, down 3.42% on the session. The jump in activity arrives with clear technical oversold signals, placing Sical Logistics Limited (BSE) on watch for short-term reversal or continuation setups.
Pre-market move and volume spike on SICALLOG.BO stock
Intraday volume surged to 302,328 shares against an average of 1,714, giving a relative volume of 176.39. That level meets our volume spike filter and suggests institutional or block flows are driving the move. The stock’s day range is INR 62.50–67.90, and the previous close was INR 65.41, so price action shows early weakness accompanied by unusually high activity.
SICALLOG.BO stock technicals and momentum
Momentum is deeply bearish but oversold: RSI 26.51, MACD histogram -1.65, Williams %R -98.05, and Stochastic %K 4.61. Key near-term support is INR 62.50 (day low, also year low), resistance is the open at INR 67.90, 50-day average INR 92.61, and 200-day average INR 99.01. With ATR 4.97 and ADX 34.71 (strong trend), traders should watch whether high volume accompanies a directional follow-through or a dead-cat bounce.
Fundamentals, valuation and balance sheet signals
Sical Logistics Limited reports EPS 0.19 and a quoted P/E of 332.47 on the market quote; metrics also list a TTM P/E near 7.36, an inconsistency we flag for reconciliation with company filings. Market cap is INR 4,121,784,384.00 and shareholders outstanding 65,249,080. Leverage is a concern: debt/equity is 238.91 and interest coverage is 0.69, indicating weak coverage of financing costs even as operating margins remain positive.
Meyka AI rates SICALLOG.BO with a score out of 100
Meyka AI rates SICALLOG.BO with a score out of 100: 68.29 (Grade B) — Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade reflects mixed signals: oversold technicals and a volume spike versus stretched leverage and valuation oddities. These grades are not guaranteed and we are not financial advisors.
Meyka AI’s forecast model projects and price targets
Meyka AI’s forecast model projects a monthly price of INR 64.78 and a quarterly price of INR 64.82. Versus the current price INR 63.17, the model implies an upside of 2.55% to the monthly forecast. Conservative near-term price target: INR 70.00 if the RSI bounce gains volume. Medium-term technical target aligns with the 50-day average at INR 92.61 and a longer-term mean near INR 99.01. Forecasts are model-based projections and not guarantees.
Trading strategy for a volume spike: risk and execution
For volume-spike setups on SICALLOG.BO stock, use one clear thesis per trade. Short-term traders may look for a pullback to INR 62.50 with a tight stop below INR 61.50 and a first target at INR 67.90. Swing traders should watch confirmation of on-balance-volume and MFI recovery before committing size. Given high leverage metrics, position sizing and stop discipline are essential.
Final Thoughts
The pre-market volume spike in SICALLOG.BO stock on 28 Feb 2026 highlights a contested trade: heavy volume and oversold momentum create a setup for a short-term bounce while fundamentals and leverage remain weak. Current price is INR 63.17 with day low INR 62.50 and day high INR 67.90. Meyka AI’s forecast model projects INR 64.78 (monthly), implying a 2.55% upside from the current price, while our conservative target is INR 70.00 and medium-term technical resistance sits at the 50-day average INR 92.61. Traders should weigh the 176.39x volume surge and oversold RSI 26.51 against high debt/equity 238.91 and thin free-cash-flow signals. Use small position sizes, confirm with on-balance-volume and MFI, and treat model forecasts as scenario planning rather than guarantees. For primary company context and flow comparisons see the market source and our Meyka stock page for live updates: Investing comparison on Adani Ports and peers and internal note at Meyka SICALLOG.BO page. Meyka AI is an AI-powered market analysis platform that provides these model outputs and grades; forecasts are model-based projections and not guarantees.
FAQs
Why did SICALLOG.BO stock see a volume spike pre-market?
SICALLOG.BO stock traded 302,328 shares versus a 1,714 average (rel vol 176.39). That jump suggests block or institutional activity, likely driven by positioning ahead of news, technical stop triggers, or large orders crossing pre-market.
Is SICALLOG.BO stock a buy after this volume spike?
Meyka AI rates SICALLOG.BO Grade B (HOLD). The setup shows oversold RSI and heavy volume, but high debt/equity 238.91 and weak interest coverage argue for caution. Use tight stops and confirm volume-driven momentum first.
What are realistic near-term price targets for SICALLOG.BO stock?
Near-term conservative target is INR 70.00 on a confirmed bounce. Meyka AI’s monthly forecast is INR 64.78 (implied upside 2.55%). Medium-term resistance aligns with the 50-day average at INR 92.61.
Which technical signals should traders watch on SICALLOG.BO stock?
Key signals: RSI 26.51 (oversold), MACD histogram -1.65, MFI 0.68, OBV trending heavy negative, and ADX 34.71. Confirm a reversal with rising volume and MFI recovery before adding exposure.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
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