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(REXPIPES_SM) Rex Pipes complete technical analysis [charts+indicators] | Buy/Sell Rex Pipes | (REXPIPES_SM) share price targets

Complete technical analysis of Rex Pipes (REXPIPES_SM) by charts plus indicators, forecast predictions and share price targets for Rex Pipes (REXPIPES_SM)

Showing technical analysis as on 2024-02-19 View latest technical analysis

10 day averaged volume of Rex Pipes is 3800

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	69.85	69.90	69.90	69.85	1.579 times
16 Fri Feb 2024	73.50	73.50	73.50	73.50	0.526 times
15 Thu Feb 2024	72.05	72.05	72.05	72.05	1.053 times
14 Wed Feb 2024	75.80	75.80	75.80	75.80	0.526 times
13 Tue Feb 2024	73.50	73.50	73.50	73.50	0.526 times
09 Fri Feb 2024	71.45	71.45	71.45	71.45	0.526 times
08 Thu Feb 2024	71.45	71.45	71.45	71.45	0.526 times
07 Wed Feb 2024	74.10	77.00	77.00	74.10	2.105 times
06 Tue Feb 2024	78.00	78.00	78.00	78.00	0.526 times
05 Mon Feb 2024	79.50	77.60	79.50	76.65	2.632 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 72.6, but if it comes above 72.6, then a intra day buy could be more profitable.
If you take a sell trade below 72.6, then use 72.6 as stoploss and 67.7 as target. However if you take a buy trade in stock , then use 72.6 as stoploss and 76.68 as target.

Share price targets for Rex Pipes (REXPIPES_SM)

Target Type	Value
Downside Target	63.50
Downside Target	66.70
Downside Target	68.60
Upside Target	71.45
Upside Target	75.80
Upside Target	78.60
Upside Target	79.50
Upside Target	79.90
Upside Target	80.00
Upside Target	81.60
Upside Target	82.00
Upside Target	82.50

Intraday share price targets for Rex Pipes (REXPIPES_SM)

Target Type	Value
Downside Intraday Target	69.83
Downside Intraday Target	69.82
Upside Intraday Target	69.88
Upside Intraday Target	69.92
Upside Intraday Target	69.87

Weekly technical analysis of Rex Pipes (REXPIPES_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	69.85	69.90	69.90	69.85	0.6 times
16 Fri Feb 2024	73.50	73.50	75.80	72.05	0.417 times
09 Fri Feb 2024	71.45	77.60	79.50	71.45	2 times
31 Wed Jan 2024	79.50	79.00	81.60	78.60	3 times
24 Wed Jan 2024	82.00	80.00	82.00	80.00	0.105 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 Rex Pipes (REXPIPES_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	69.85	77.60	79.50	69.85	0.377 times
31 Wed Jan 2024	79.50	70.00	82.50	68.60	2.304 times
29 Fri Dec 2023	66.70	76.50	79.90	66.70	0.333 times
30 Thu Nov 2023	79.40	73.90	79.40	63.50	1.683 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 Rex Pipes (REXPIPES_SM)

Price action analysis of Rex Pipes ( (REXPIPES_SM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Rex Pipes ( (REXPIPES_SM) ) 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 Rex Pipes ( (REXPIPES_SM) ) 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 Rex Pipes stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Rex Pipes in short term and the sell signal is strong.

Rex Pipes 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 Rex Pipes 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 positive zone. This is a BUY zone

Stock of Rex Pipes is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 74.56 and Rex Pipes (REXPIPES_SM) 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 Rex Pipes (REXPIPES_SM) stock. Volume based technical analysis of Rex Pipes (REXPIPES_SM) stock is negative.

Rex Pipes 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.