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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 2024-07-25 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 41984

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	234.64	221.00	241.44	221.00	1.672 times
24 Wed Jul 2024	221.88	216.10	225.89	215.00	1.067 times
23 Tue Jul 2024	218.07	224.40	226.85	216.01	0.923 times
22 Mon Jul 2024	224.40	230.85	234.00	220.90	0.529 times
19 Fri Jul 2024	230.85	242.50	242.50	227.70	1.671 times
18 Thu Jul 2024	238.90	243.00	244.30	236.00	1.156 times
16 Tue Jul 2024	242.41	248.56	248.56	240.55	0.47 times
15 Mon Jul 2024	245.45	250.00	253.79	240.91	1.133 times
12 Fri Jul 2024	249.43	250.00	252.90	244.21	0.839 times
11 Thu Jul 2024	250.76	251.35	253.50	246.15	0.794 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 230.9 as stoploss in an intra day buy trade for a target of 240.78. However, stock will show a bearish move below 230.9.

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	182.00
Downside Target	194.50
Downside Target	215.00
Downside Target	227.00
Upside Target	239.00
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	219.28
Downside Intraday Target	203.92
Upside Intraday Target	245.72
Upside Intraday Target	256.8
Downside Intraday Target	230.36

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	234.64	230.85	241.44	215.00	0.946 times
19 Fri Jul 2024	230.85	250.00	253.79	227.70	0.81 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

Price has moved up 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
25 Thu Jul 2024	234.64	248.35	260.00	215.00	0.936 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Reliance Chemotex Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Reliance Chemotex in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 235.16 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.