Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2024-11-22 View latest technical analysis

10 day averaged volume of Refex Industries is 263448

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	470.40	473.00	479.90	466.50	0.415 times
21 Thu Nov 2024	472.60	481.95	481.95	464.00	0.825 times
19 Tue Nov 2024	481.95	494.85	499.00	479.10	0.421 times
18 Mon Nov 2024	489.10	499.00	499.00	476.60	0.587 times
14 Thu Nov 2024	493.15	486.05	505.00	480.00	0.783 times
13 Wed Nov 2024	487.10	504.00	517.00	486.70	0.954 times
12 Tue Nov 2024	512.30	520.00	529.00	510.00	0.875 times
11 Mon Nov 2024	518.65	529.80	529.80	508.00	0.842 times
08 Fri Nov 2024	522.40	522.00	534.80	505.00	1.102 times
07 Thu Nov 2024	518.85	504.90	525.00	504.90	2.011 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 471.6, but if it comes above 471.6, then a intra day buy could be more profitable.
If you take a sell trade below 471.6, then use 471.6 as stoploss and 451 as target. However if you take a buy trade in stock , then use 471.6 as stoploss and 488.86 as target.

Share price targets for Refex Industries (REFEX_BE)

Target Type	Value
Downside Target	50.75
Downside Target	56.20
Downside Target	77.90
Downside Target	89.85
Downside Target	133.55
Downside Target	439.65
Downside Target	452.10
Downside Target	464.00
Upside Target	474.00
Upside Target	498.90
Upside Target	508.00
Upside Target	529.80
Upside Target	534.80
Upside Target	559.90

Intraday share price targets for Refex Industries (REFEX_BE)

Target Type	Value
Downside Intraday Target	456.6
Downside Intraday Target	442.8
Upside Intraday Target	491.6
Upside Intraday Target	512.8
Upside Intraday Target	477.8

Weekly technical analysis of Refex Industries (REFEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	470.40	499.00	499.00	464.00	0.651 times
14 Thu Nov 2024	493.15	529.80	529.80	480.00	0.635 times
08 Fri Nov 2024	522.40	496.00	534.80	474.00	1.947 times
01 Fri Nov 2024	492.15	447.00	498.90	439.65	0.45 times
25 Fri Oct 2024	462.75	484.15	508.00	452.10	1.66 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	470.40	493.90	534.80	464.00	0.608 times
31 Thu Oct 2024	487.15	559.90	559.90	439.65	7.332 times
16 Mon Sep 2019	77.90	53.55	77.90	50.75	0.586 times
30 Fri Aug 2019	56.20	89.85	89.85	56.20	0.498 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_BE)

Price action analysis of Refex Industries ( (REFEX_BE) ) 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_BE) ) based on a short to mid 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_BE) ) 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 SELL. Signal strength is Weak and stock is gaining 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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 502.55 and Refex Industries (REFEX_BE) 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_BE) stock. Volume based technical analysis of Refex Industries (REFEX_BE) 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.