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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.

10 day averaged volume of Refex Industries is 298049

Date Daily Closing Price Open High Low Volume
29 Thu Oct 2020 47.05 46.10 47.75 46.10 0.126 times
28 Wed Oct 2020 46.85 48.70 48.70 46.65 0.2 times
27 Tue Oct 2020 47.90 48.80 48.80 47.50 0.155 times
26 Mon Oct 2020 48.15 49.00 49.95 47.05 0.262 times
23 Fri Oct 2020 48.85 48.65 51.00 48.15 0.264 times
22 Thu Oct 2020 47.85 49.60 49.75 47.45 0.204 times
21 Wed Oct 2020 49.00 49.15 50.75 48.15 0.529 times
20 Tue Oct 2020 48.85 51.20 51.60 47.80 1.066 times
19 Mon Oct 2020 51.20 57.40 57.40 50.40 3.306 times
16 Fri Oct 2020 53.40 48.00 53.40 46.15 3.923 times

My analysis of stock is bearish for shortterm, and stock might move down till 45.3 or till 42.8. Use a stoploss of 47.43 and if the stock hits stoploss, then it can shoot up till 49.52

Share price targets for Refex Industries (REFEX)

Target Type Value
Downside Target 42.50
Downside Target 44.15
Downside Target 45.25
Upside Target 47.45
Upside Target 49.95
Upside Target 53.40
Upside Target 54.15
Upside Target 55.00
Upside Target 57.40
Upside Target 64.60
Upside Target 68.00

Intraday share price targets for Refex Industries (REFEX)

Target Type Value
Downside Intraday Target 45.45
Downside Intraday Target 43.85
Upside Intraday Target 49.3
Upside Intraday Target 51.55
Upside Intraday Target 47.7

Weekly technical analysis of Refex Industries (REFEX)

Date Weekly Closing Price Open High Low Volume
29 Thu Oct 2020 47.05 49.00 49.95 46.10 0.138 times
23 Fri Oct 2020 48.85 57.40 57.40 47.45 1.248 times
16 Fri Oct 2020 53.40 46.85 53.40 44.15 4.841 times
09 Fri Oct 2020 46.05 46.40 48.50 45.75 1.534 times
01 Thu Oct 2020 45.65 47.85 47.85 45.30 0.449 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
29 Thu Oct 2020 47.05 47.60 57.40 44.15 1.757 times
30 Wed Sep 2020 46.05 47.90 55.00 42.50 0.843 times
31 Mon Aug 2020 47.05 51.80 54.15 46.45 0.502 times
31 Fri Jul 2020 51.05 64.60 64.60 45.25 1.374 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Refex Industries (REFEX)

Indicator Name Indicator Value Indicator Signal
ADX 25, 20, 11 Buy
MACD 0, 0Sell
Stochastics 19Sell
CCI -112Sell
RSI 63Buy
OBV -298519Sell
VWAP 51Sell
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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 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 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 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 Refex Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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 in or above the red cloud Prices appear to be moving up

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

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

MRSI is in negative zone. This is the SELL zone

Stock of Refex 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 51.3 and Refex Industries (REFEX) 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 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 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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