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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 2024-08-23 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 12071

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	235.09	238.93	240.00	231.85	0.499 times
22 Thu Aug 2024	237.95	237.70	242.00	235.22	0.717 times
21 Wed Aug 2024	236.47	237.80	245.00	234.02	0.622 times
20 Tue Aug 2024	236.56	231.30	242.86	227.10	2.012 times
19 Mon Aug 2024	230.09	230.00	232.00	225.52	0.575 times
16 Fri Aug 2024	227.88	225.40	231.99	224.01	1.001 times
14 Wed Aug 2024	225.41	232.50	239.30	222.50	0.624 times
13 Tue Aug 2024	231.25	239.82	239.82	227.60	0.527 times
12 Mon Aug 2024	235.51	232.80	239.50	228.39	1.257 times
09 Fri Aug 2024	236.34	236.32	240.00	230.00	1.135 times

My analysis of stock is bullish for shortterm, and stock might move up till 238.8 or till 243.9. Use a stoploss of 234.51 and if this stock hits its stoploss, then it can fall down till 230.24

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	185.35
Downside Target	194.50
Downside Target	215.00
Downside Target	222.42
Downside Target	232.22
Upside Target	239.82
Upside Target	245.00
Upside Target	245.39
Upside Target	248.00
Upside Target	252.00
Upside Target	256.49
Upside Target	260.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	225.41
Downside Intraday Target	215.72
Upside Intraday Target	244.89
Upside Intraday Target	254.68
Upside Intraday Target	235.2

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	235.09	230.00	245.00	225.52	1.298 times
16 Fri Aug 2024	227.88	232.80	239.82	222.50	0.655 times
09 Fri Aug 2024	236.34	233.60	242.00	222.42	1.037 times
02 Fri Aug 2024	235.79	235.90	248.00	232.22	0.298 times
26 Fri Jul 2024	237.47	230.85	245.39	215.00	1.094 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
23 Fri Aug 2024	235.09	240.00	245.00	222.42	0.2 times
31 Wed Jul 2024	238.77	248.35	260.00	215.00	1.03 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

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 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 Reliance Chemotex ( (RELCHEMQ) ) 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 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 BUY signal for Reliance Chemotex in short term and the buy signal is strong.

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

Reliance Chemotex Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Reliance Chemotex in short term but SELL 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

Although the stock is in the BUY zone, but buying 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 233.94 and Reliance Chemotex (RELCHEMQ) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.