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

(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 2024-08-27 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 10353

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	231.71	236.28	236.28	230.00	0.244 times
26 Mon Aug 2024	231.86	235.44	236.30	230.15	0.867 times
23 Fri Aug 2024	235.09	238.93	240.00	231.85	0.582 times
22 Thu Aug 2024	237.95	237.70	242.00	235.22	0.836 times
21 Wed Aug 2024	236.47	237.80	245.00	234.02	0.725 times
20 Tue Aug 2024	236.56	231.30	242.86	227.10	2.346 times
19 Mon Aug 2024	230.09	230.00	232.00	225.52	0.67 times
16 Fri Aug 2024	227.88	225.40	231.99	224.01	1.167 times
14 Wed Aug 2024	225.41	232.50	239.30	222.50	0.727 times
13 Tue Aug 2024	231.25	239.82	239.82	227.60	0.614 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 229.7 as stoploss in an intra day buy trade for a target of 233.95. However, stock will show a bearish move below 229.7.

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
Upside Target	240.00
Upside Target	242.00
Upside Target	245.00
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	229.04
Downside Intraday Target	226.37
Upside Intraday Target	235.34
Upside Intraday Target	238.97
Upside Intraday Target	232.67

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	231.71	235.44	236.30	230.00	0.215 times
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

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
27 Tue Aug 2024	231.71	240.00	245.00	222.42	0.214 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 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 Reliance Chemotex ( (RELCHEMQ) ) based on a short 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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. Bears are getting stronger in this stock.

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 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 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 233.05 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 negative.

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