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(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 2024-12-31 View latest technical analysis

10 day averaged volume of Refex Industries is 89277

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	480.80	485.00	489.50	474.00	0.914 times
30 Mon Dec 2024	482.35	492.00	494.00	480.00	0.893 times
27 Fri Dec 2024	489.95	497.00	503.50	487.05	0.64 times
26 Thu Dec 2024	496.70	495.00	505.00	494.00	1.039 times
24 Tue Dec 2024	494.90	485.00	500.00	485.00	0.657 times
23 Mon Dec 2024	486.45	490.00	505.00	480.00	1.309 times
20 Fri Dec 2024	488.90	507.90	510.00	485.00	0.847 times
19 Thu Dec 2024	502.85	491.00	517.00	485.00	1.543 times
18 Wed Dec 2024	503.95	518.00	525.00	499.95	1.314 times
17 Tue Dec 2024	516.50	522.00	528.10	514.00	0.752 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 491.3, but if it comes above 491.3, then a intra day buy could be more profitable.
If you take a sell trade below 491.3, then use 491.3 as stoploss and 460.5 as target. However if you take a buy trade in stock , then use 491.3 as stoploss and 517.01 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	439.65
Downside Target	464.00
Downside Target	474.00
Upside Target	505.00
Upside Target	534.80
Upside Target	535.00
Upside Target	559.90
Upside Target	563.00
Upside Target	572.00

Intraday share price targets for Refex Industries (REFEX_BE)

Target Type	Value
Downside Intraday Target	471.87
Downside Intraday Target	462.93
Upside Intraday Target	491.87
Upside Intraday Target	502.93
Upside Intraday Target	482.93

Weekly technical analysis of Refex Industries (REFEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	480.80	492.00	494.00	474.00	0.496 times
27 Fri Dec 2024	489.95	490.00	505.00	480.00	0.667 times
20 Fri Dec 2024	488.90	519.60	535.00	485.00	0.89 times
13 Fri Dec 2024	519.60	560.00	563.00	512.75	0.477 times
06 Fri Dec 2024	551.65	533.00	572.00	522.00	0.739 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
31 Tue Dec 2024	480.80	533.00	572.00	474.00	0.586 times
29 Fri Nov 2024	518.90	493.90	534.80	464.00	0.924 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

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 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 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 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 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 Strong 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 494.79 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.