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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 2024-03-20 View latest technical analysis

10 day averaged volume of Rex Pipes is 8400

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	62.00	61.95	62.00	58.95	1.19 times
19 Tue Mar 2024	62.00	62.00	62.00	60.20	0.952 times
18 Mon Mar 2024	62.00	60.40	62.00	59.65	3.095 times
15 Fri Mar 2024	61.85	61.85	62.00	61.75	0.952 times
14 Thu Mar 2024	65.00	65.00	65.00	65.00	0.238 times
13 Wed Mar 2024	66.80	66.85	66.85	66.80	0.476 times
12 Tue Mar 2024	70.30	70.30	70.30	70.30	0.238 times
04 Mon Mar 2024	74.00	70.40	74.00	70.30	1.667 times
01 Fri Mar 2024	74.00	74.50	74.50	70.90	0.952 times
29 Thu Feb 2024	74.50	74.50	74.50	74.50	0.238 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 65.1, but if it comes above 65.1, then a intra day buy could be more profitable.
If you take a sell trade below 65.1, then use 65.1 as stoploss and 59.5 as target. However if you take a buy trade in stock , then use 65.1 as stoploss and 69.85 as target.

Share price targets for Rex Pipes (REXPIPES_SM)

Target Type	Value
Downside Target	58.95
Downside Target	61.75
Upside Target	63.50
Upside Target	66.70
Upside Target	68.60
Upside Target	72.05
Upside Target	74.00
Upside Target	74.50
Upside Target	75.80
Upside Target	79.40
Upside Target	79.50
Upside Target	79.90
Upside Target	82.50

Intraday share price targets for Rex Pipes (REXPIPES_SM)

Target Type	Value
Downside Intraday Target	59.97
Downside Intraday Target	57.93
Upside Intraday Target	63.02
Upside Intraday Target	64.03
Downside Intraday Target	60.98

Weekly technical analysis of Rex Pipes (REXPIPES_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	62.00	60.40	62.00	58.95	1.467 times
15 Fri Mar 2024	61.85	70.40	74.00	61.75	0.833 times
01 Fri Mar 2024	74.00	71.20	74.50	68.65	1.636 times
22 Thu Feb 2024	68.75	69.90	72.30	68.75	2.2 times
16 Fri Feb 2024	73.50	73.50	75.80	72.05	0.417 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 Rex Pipes (REXPIPES_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	62.00	74.50	74.50	58.95	0.976 times
29 Thu Feb 2024	74.50	77.60	79.50	68.65	0.792 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

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 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 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 weakening, and bulls 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 Rex Pipes in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 Rex Pipes is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 65.92 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.