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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)

Refex Industries trades in NSE in Industrial Gases sector.

Showing technical analysis as on 2024-05-07 View latest technical analysis

10 day averaged volume of Refex Industries is 724388

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	151.65	155.40	157.00	150.00	0.46 times
06 Mon May 2024	154.40	162.30	163.70	153.10	0.564 times
03 Fri May 2024	160.90	165.95	166.95	158.55	0.594 times
02 Thu May 2024	162.35	167.95	172.80	160.50	0.812 times
30 Tue Apr 2024	165.85	169.05	174.00	165.00	0.773 times
29 Mon Apr 2024	169.05	174.95	174.95	164.00	1.635 times
26 Fri Apr 2024	168.05	166.65	168.05	162.00	0.589 times
25 Thu Apr 2024	160.05	154.95	167.00	154.95	2.269 times
24 Wed Apr 2024	163.10	175.10	175.50	163.10	1.693 times
23 Tue Apr 2024	171.65	171.65	171.65	165.00	0.683 times

My analysis of stock is bearish for shortterm, and stock might move down till 142.3 or till 128.5. Use a stoploss of 153.78 and if the stock hits stoploss, then it can shoot up till 165.27

Share price targets for Refex Industries (REFEX)

Target Type	Value
Downside Target	130.00
Downside Target	137.25
Downside Target	147.00
Downside Target	150.00
Upside 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	146.53
Downside Intraday Target	141.42
Upside Intraday Target	160.23
Upside Intraday Target	168.82
Upside Intraday Target	155.12

Weekly technical analysis of Refex Industries (REFEX)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	151.65	162.30	163.70	150.00	0.269 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
19 Fri Apr 2024	155.75	132.10	155.75	132.10	3.271 times
12 Fri Apr 2024	139.05	144.20	147.00	137.25	0.731 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 Refex Industries (REFEX)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Tue May 2024	151.65	167.95	172.80	150.00	0.132 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

Scroll below to view daily charts

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)

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

Price action analysis of Refex Industries ( (REFEX) ) 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 Refex Industries ( (REFEX) ) 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 Refex Industries stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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 red color and prices are below the red cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 163.26 and Refex Industries (REFEX) 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 Refex Industries (REFEX) stock. Volume based technical analysis of Refex Industries (REFEX) stock is negative.

Refex Industries 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.