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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 2024-11-21 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 17406

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	201.62	212.44	216.10	200.10	1.175 times
19 Tue Nov 2024	212.44	213.00	218.98	211.20	0.137 times
18 Mon Nov 2024	212.01	213.80	215.80	211.00	0.156 times
14 Thu Nov 2024	213.80	217.05	219.60	212.00	0.112 times
13 Wed Nov 2024	212.87	222.50	222.50	211.00	0.2 times
12 Tue Nov 2024	218.41	225.90	236.90	217.00	1.388 times
11 Mon Nov 2024	223.99	230.90	230.90	221.50	0.55 times
08 Fri Nov 2024	228.28	214.80	248.00	211.51	6.71 times
07 Thu Nov 2024	212.17	218.40	218.40	212.05	0.232 times
06 Wed Nov 2024	218.40	215.08	221.70	211.37	0.333 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 200.1, for a target of 207.6 or 213.86

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	200.10
Upside Target	211.00
Upside Target	222.42
Upside Target	224.50
Upside Target	230.00
Upside Target	236.90
Upside Target	245.00
Upside Target	247.00
Upside Target	248.00
Upside Target	260.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	194.82
Downside Intraday Target	188.02
Upside Intraday Target	213.7
Upside Intraday Target	225.78
Upside Intraday Target	206.9

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	201.62	213.80	218.98	200.10	0.652 times
14 Thu Nov 2024	213.80	230.90	236.90	211.00	0.295 times
08 Fri Nov 2024	228.28	223.00	248.00	211.37	6.604 times
01 Fri Nov 2024	220.55	207.80	224.50	201.50	0.694 times
25 Fri Oct 2024	207.80	214.30	218.36	202.00	1.14 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
21 Thu Nov 2024	201.62	223.90	248.00	200.10	1.557 times
31 Thu Oct 2024	218.24	224.50	230.00	201.50	0.399 times
30 Mon Sep 2024	223.32	235.46	247.00	216.51	1.567 times
30 Fri Aug 2024	235.46	240.00	245.00	222.42	0.242 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 and the sell signal is strong.

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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 222.48 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.