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(RELCHEMQ) Reliance Chemotex complete technical analysis [charts+indicators] | Buy/Sell Reliance Chemotex | (RELCHEMQ) share price targets

Complete technical analysis of Reliance Chemotex (RELCHEMQ) by charts plus indicators, forecast predictions and share price targets for Reliance Chemotex (RELCHEMQ)

Showing technical analysis as on 2024-07-18 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 43344

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	238.90	243.00	244.30	236.00	1.12 times
16 Tue Jul 2024	242.41	248.56	248.56	240.55	0.456 times
15 Mon Jul 2024	245.45	250.00	253.79	240.91	1.097 times
12 Fri Jul 2024	249.43	250.00	252.90	244.21	0.813 times
11 Thu Jul 2024	250.76	251.35	253.50	246.15	0.769 times
10 Wed Jul 2024	250.07	253.00	255.98	246.73	1.373 times
09 Tue Jul 2024	251.03	254.00	260.00	248.12	0.902 times
08 Mon Jul 2024	251.28	247.00	254.00	245.42	1.441 times
05 Fri Jul 2024	246.78	250.00	250.15	243.91	0.745 times
04 Thu Jul 2024	247.82	245.50	253.00	245.00	1.042 times

My analysis of stock is bearish for shortterm, and stock might move down till 235.1 or till 226.3. Use a stoploss of 242.38 and if the stock hits stoploss, then it can shoot up till 249.69

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	182.00
Downside Target	194.50
Downside Target	215.17
Downside Target	227.00
Downside Target	236.00
Upside Target	250.30
Upside Target	252.00
Upside Target	253.00
Upside Target	253.79
Upside Target	256.49
Upside Target	260.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	232
Downside Intraday Target	225.11
Upside Intraday Target	249.79
Upside Intraday Target	260.69
Upside Intraday Target	242.9

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	238.90	250.00	253.79	236.00	0.504 times
12 Fri Jul 2024	249.43	247.00	260.00	244.21	1.302 times
05 Fri Jul 2024	246.78	248.35	253.00	239.00	0.738 times
28 Fri Jun 2024	244.66	231.15	250.30	227.00	0.6 times
21 Fri Jun 2024	231.16	219.00	256.49	215.17	5.347 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 Reliance Chemotex (RELCHEMQ)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	238.90	248.35	260.00	236.00	0.636 times
28 Fri Jun 2024	244.66	213.05	256.49	194.50	1.049 times
31 Fri May 2024	209.90	226.90	240.00	197.00	0.668 times
30 Tue Apr 2024	226.90	201.00	252.00	185.35	5.525 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 Reliance Chemotex (RELCHEMQ)

Price action analysis of Reliance Chemotex ( (RELCHEMQ) ) 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 Reliance Chemotex ( (RELCHEMQ) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Reliance Chemotex ( (RELCHEMQ) ) 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 Reliance Chemotex stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Reliance Chemotex 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 Reliance Chemotex 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Reliance Chemotex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 247.69 and Reliance Chemotex (RELCHEMQ) 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 Reliance Chemotex (RELCHEMQ) stock. Volume based technical analysis of Reliance Chemotex (RELCHEMQ) stock is negative.

Reliance Chemotex 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.