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

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

10 day averaged volume of Eurotex Ind is 286

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 12.70 12.80 12.80 12.70 0.269 times
16 Thu May 2024 12.85 12.85 12.85 12.85 4.552 times
15 Wed May 2024 13.10 13.10 13.10 13.10 3.035 times
14 Tue May 2024 13.35 13.35 13.35 13.35 0.178 times
13 Mon May 2024 13.60 13.60 13.60 13.60 0.056 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 12.6, for a target of 13.3 or 13.89

Share price targets for Eurotex Ind (EUROTEXIND_BE)

Target Type Value
Downside Target 10.35
Downside Target 10.70
Downside Target 11.50
Downside Target 12.10
Downside Target 12.70
Upside Target 13.30
Upside Target 13.60
Upside Target 13.90
Upside Target 14.15
Upside Target 14.70
Upside Target 15.00
Upside Target 15.65
Upside Target 17.95
Upside Target 22.05

Intraday share price targets for Eurotex Ind (EUROTEXIND_BE)

Target Type Value
Downside Intraday Target 12.4
Downside Intraday Target 12.1
Upside Intraday Target 13.3
Upside Intraday Target 13.9
Upside Intraday Target 13

Weekly technical analysis of Eurotex Ind (EUROTEXIND_BE)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 12.70 13.60 13.60 12.70 4.23 times
10 Fri May 2024 13.60 13.90 13.90 13.60 0.07 times
03 Fri May 2024 13.90 14.15 14.15 13.90 1.178 times
26 Fri Apr 2024 14.15 14.70 14.70 14.15 3.066 times
19 Fri Apr 2024 15.00 15.65 15.65 15.00 0.107 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Eurotex Ind (EUROTEXIND_BE)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 12.70 14.00 14.10 12.70 0.047 times
30 Tue Apr 2024 14.00 15.10 17.95 14.00 0.666 times
28 Thu Mar 2024 15.05 20.00 22.05 13.30 2.368 times
15 Fri Dec 2023 11.00 10.90 12.10 10.35 11.324 times

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 Eurotex Ind (EUROTEXIND_BE)

Indicator Name Indicator Value Indicator Signal
ADX 23, 64, 47 Sell
MACD -1, -0Sell
Stochastics 0Sell
CCI -133Sell
RSI 79Buy
OBV -12259Sell
VWAP 13Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Eurotex Ind ( (EUROTEXIND_BE) ) based on a short term time period is

Price action analysis of Eurotex Ind ( (EUROTEXIND_BE) ) based on a short term time period is

Price action analysis of Eurotex Ind ( (EUROTEXIND_BE) ) 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 Eurotex Ind ( (EUROTEXIND_BE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Eurotex Ind stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Eurotex Ind in short term and the sell signal is strong.

Eurotex Ind 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Eurotex Ind in short term and SELL 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

Stock of Eurotex Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.12 and Eurotex Ind (EUROTEXIND_BE) 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 Eurotex Ind (EUROTEXIND_BE) stock. Volume based technical analysis of Eurotex Ind (EUROTEXIND_BE) stock is negative.

Eurotex Ind 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.

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