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(SPLPETRO) Supreme Petrochem complete technical analysis [charts+indicators] | Buy/Sell Supreme Petrochem | (SPLPETRO) share price targets

Complete technical analysis of Supreme Petrochem (SPLPETRO) by charts plus indicators, forecast predictions and share price targets for Supreme Petrochem (SPLPETRO)

10 day averaged volume of Supreme Petrochem is 103875

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 698.25 687.15 709.20 687.15 0.511 times
16 Thu May 2024 687.10 686.10 700.00 685.00 0.583 times
15 Wed May 2024 692.40 701.95 702.00 680.50 0.84 times
14 Tue May 2024 699.40 721.25 723.95 693.85 0.982 times
13 Mon May 2024 719.10 725.00 725.00 691.00 1.384 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 703.3 as stoploss in an intra day sell trade for a target of 681.54. However, stock will show a bullish move above 703.3.

Share price targets for Supreme Petrochem (SPLPETRO)

Target Type Value
Downside Target 521.25
Downside Target 584.95
Downside Target 612.00
Downside Target 652.00
Downside Target 693.95
Upside Target 720.00
Upside Target 725.00
Upside Target 730.00
Upside Target 757.80
Upside Target 783.00

Intraday share price targets for Supreme Petrochem (SPLPETRO)

Target Type Value
Downside Intraday Target 677.5
Downside Intraday Target 656.75
Upside Intraday Target 722
Upside Intraday Target 745.75
Upside Intraday Target 701.25

Weekly technical analysis of Supreme Petrochem (SPLPETRO)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 698.25 725.00 725.00 680.50 0.755 times
10 Fri May 2024 718.05 680.95 720.00 672.35 2.109 times
03 Fri May 2024 680.95 687.05 693.95 664.05 0.311 times
26 Fri Apr 2024 691.55 644.10 730.00 627.50 5.892 times
19 Fri Apr 2024 640.75 640.00 652.00 622.55 0.9 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 Supreme Petrochem (SPLPETRO)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 698.25 681.90 725.00 665.00 0.688 times
30 Tue Apr 2024 683.80 632.45 730.00 622.55 0.392 times
28 Thu Mar 2024 624.45 731.00 757.80 586.50 1.072 times
29 Thu Feb 2024 729.90 604.40 783.00 584.95 1.472 times

Price has moved up 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 Supreme Petrochem (SPLPETRO)

Indicator Name Indicator Value Indicator Signal
ADX 22, 8, 46 Buy
MACD 23, 23Buy
Stochastics 42None
CCI 26Buy
RSI 54Buy
OBV 924875Sell
VWAP 699Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Supreme Petrochem ( (SPLPETRO) ) 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 Supreme Petrochem ( (SPLPETRO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Supreme Petrochem ( (SPLPETRO) ) based on a short to mid 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 Supreme Petrochem ( (SPLPETRO) ) 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 Supreme Petrochem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Supreme Petrochem in short term and the buy signal is strong.

Supreme Petrochem 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. Bears 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 Supreme Petrochem in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Supreme Petrochem is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 698.71 and Supreme Petrochem (SPLPETRO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Supreme Petrochem (SPLPETRO) stock. Volume based technical analysis of Supreme Petrochem (SPLPETRO) stock is negative.

Supreme Petrochem 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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