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

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

Eurotex Industries trades in NSE in Textiles sector.

Showing technical analysis as on 2024-02-16 View latest technical analysis

10 day averaged volume of Eurotex Industries is 6712

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	13.30	13.85	14.00	13.30	0.243 times
15 Thu Feb 2024	13.90	13.95	13.95	13.25	0.948 times
14 Wed Feb 2024	13.95	13.80	14.45	13.30	0.209 times
13 Tue Feb 2024	13.80	14.40	14.40	13.70	0.921 times
12 Mon Feb 2024	14.40	14.30	15.00	14.05	0.991 times
09 Fri Feb 2024	14.30	14.70	15.40	14.00	0.758 times
08 Thu Feb 2024	14.70	14.90	15.45	14.10	2.196 times
07 Wed Feb 2024	14.75	15.00	15.00	13.65	1.219 times
06 Tue Feb 2024	14.30	14.40	14.40	14.00	1.184 times
05 Mon Feb 2024	13.75	14.10	14.10	13.60	0.631 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 13 as stoploss in an intra day buy trade for a target of 13.64. However, stock will show a bearish move below 13.

Share price targets for Eurotex Industries (EUROTEXIND)

Target Type	Value
Downside Target	10.45
Downside Target	11.30
Downside Target	12.25
Downside Target	12.90
Downside Target	13.25
Upside Target	14.40
Upside Target	14.55
Upside Target	14.70
Upside Target	14.90
Upside Target	15.00
Upside Target	15.45
Upside Target	15.60

Intraday share price targets for Eurotex Industries (EUROTEXIND)

Target Type	Value
Downside Intraday Target	12.7
Downside Intraday Target	12.1
Upside Intraday Target	14.45
Upside Intraday Target	15.6
Upside Intraday Target	13.85

Weekly technical analysis of Eurotex Industries (EUROTEXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	13.30	14.30	15.00	13.25	0.553 times
09 Fri Feb 2024	14.30	14.10	15.45	13.60	1.229 times
02 Fri Feb 2024	13.45	13.00	13.85	12.50	0.942 times
25 Thu Jan 2024	13.10	13.90	14.55	12.40	1.368 times
19 Fri Jan 2024	13.25	13.40	14.40	12.25	0.267 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 Eurotex Industries (EUROTEXIND)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	13.30	13.10	15.45	12.90	0.347 times
31 Wed Jan 2024	13.20	11.50	14.90	11.30	1.025 times
29 Fri Dec 2023	11.80	10.45	13.70	10.45	60.357 times
11 Tue Jul 2023	13.45	15.60	15.60	13.45	0.086 times

Scroll below to view daily charts

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 Eurotex Industries (EUROTEXIND)

Price action analysis of Eurotex Industries ( (EUROTEXIND) ) 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 Eurotex Industries ( (EUROTEXIND) ) 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 Eurotex Industries ( (EUROTEXIND) ) 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 Industries stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Eurotex Industries in short term but the sell signal is initial and weak.

Eurotex Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Eurotex Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 14.3 and Eurotex Industries (EUROTEXIND) 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 Eurotex Industries (EUROTEXIND) stock. Volume based technical analysis of Eurotex Industries (EUROTEXIND) stock is negative.

Eurotex Industries Stock has given negative 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.