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(REFEX) Refex Industries complete technical analysis [charts+indicators] | Buy/Sell Refex Industries | (REFEX) share price targets

Complete technical analysis of Refex Industries (REFEX) by charts plus indicators, forecast predictions and share price targets for Refex Industries (REFEX)

10 day averaged volume of Refex Industries is 398572

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 158.05 152.00 158.40 151.30 1.34 times
20 Mon May 2024 150.90 151.55 152.90 150.00 0.15 times
17 Fri May 2024 149.95 152.00 152.00 148.85 0.526 times
16 Thu May 2024 149.10 155.85 155.85 147.30 0.597 times
15 Wed May 2024 152.75 156.40 156.40 149.15 0.956 times

My analysis of stock is bullish for shortterm, and stock might move up till 164.6 or till 174.2. Use a stoploss of 156.59 and if this stock hits its stoploss, then it can fall down till 148.57

Share price targets for Refex Industries (REFEX)

Target Type Value
Downside Target 130.00
Downside Target 139.15
Downside Target 150.00
Downside Target 154.95
Upside Target 163.70
Upside Target 172.80
Upside Target 175.50
Upside Target 550.05
Upside Target 602.00
Upside Target 695.90
Upside Target 702.80
Upside Target 753.95

Intraday share price targets for Refex Industries (REFEX)

Target Type Value
Downside Intraday Target 152.57
Downside Intraday Target 147.08
Upside Intraday Target 160.97
Upside Intraday Target 163.88
Downside Intraday Target 155.48

Weekly technical analysis of Refex Industries (REFEX)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 158.05 151.55 158.40 150.00 0.41 times
17 Fri May 2024 149.95 147.50 156.40 139.15 0.541 times
10 Fri May 2024 145.00 162.30 163.70 141.20 0.971 times
03 Fri May 2024 160.90 174.95 174.95 158.55 0.678 times
26 Fri Apr 2024 168.05 163.50 175.50 154.95 0.932 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 Refex Industries (REFEX)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 158.05 167.95 172.80 139.15 0.43 times
30 Tue Apr 2024 165.85 137.85 175.50 132.10 3.778 times
28 Thu Mar 2024 134.20 653.00 695.90 130.00 2.248 times
29 Thu Feb 2024 647.10 695.05 702.80 550.05 0.665 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 Refex Industries (REFEX)

Indicator Name Indicator Value Indicator Signal
ADX 24, 28, 9 Sell
MACD -73, -86Buy
Stochastics 66None
CCI 128Buy
RSI 31Sell
OBV -1898657Sell
VWAP 152Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Refex Industries ( (REFEX) ) 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 Refex Industries ( (REFEX) ) based on a short 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.

Price action analysis of Refex Industries ( (REFEX) ) 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 Refex Industries ( (REFEX) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Refex Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Refex Industries in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Refex Industries 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. Bulls are getting stronger in this stock.

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 Refex Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 Refex Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 151.52 and Refex Industries (REFEX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Refex Industries (REFEX) stock. Volume based technical analysis of Refex Industries (REFEX) stock is negative.

Refex Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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