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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 2024-04-09 View latest technical analysis

10 day averaged volume of Rex Pipes is 10400

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	61.70	61.50	62.45	60.60	2.308 times
08 Mon Apr 2024	59.50	58.60	59.50	58.55	0.962 times
04 Thu Apr 2024	61.60	55.85	61.60	55.85	0.769 times
28 Thu Mar 2024	58.70	54.00	58.70	54.00	1.731 times
27 Wed Mar 2024	55.95	55.95	55.95	55.95	0.962 times
26 Tue Mar 2024	58.90	59.00	59.00	58.90	0.769 times
22 Fri Mar 2024	62.00	62.00	62.00	62.00	0.385 times
21 Thu Mar 2024	62.00	62.00	62.00	62.00	0.192 times
20 Wed Mar 2024	62.00	61.95	62.00	58.95	0.962 times
19 Tue Mar 2024	62.00	62.00	62.00	60.20	0.769 times

Stock of Rex Pipes (REXPIPES_SM) has showed a significant upmove. This could be a good time to enter in this stock!

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 59.1 as stoploss in an intra day buy trade for a target of 64.97. However, stock will show a bearish move below 59.1.

Share price targets for Rex Pipes (REXPIPES_SM)

Target Type	Value
Downside Target	54.00
Downside Target	55.85
Downside Target	58.55
Downside Target	61.60
Upside Target	66.70
Upside Target	68.60
Upside Target	68.65
Upside Target	74.00
Upside Target	74.50
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	59.35
Downside Intraday Target	57
Upside Intraday Target	63.25
Upside Intraday Target	64.8
Downside Intraday Target	60.9

Weekly technical analysis of Rex Pipes (REXPIPES_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	61.70	58.60	62.45	58.55	4.25 times
04 Thu Apr 2024	61.60	55.85	61.60	55.85	0.222 times
28 Thu Mar 2024	58.70	59.00	59.00	54.00	0.72 times
22 Fri Mar 2024	62.00	60.40	62.00	58.95	1.667 times
15 Fri Mar 2024	61.85	70.40	74.00	61.75	0.833 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Rex Pipes (REXPIPES_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	61.70	55.85	62.45	55.85	0.339 times
28 Thu Mar 2024	58.70	74.50	74.50	54.00	1.476 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

Scroll below to view daily charts

Price has moved up 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 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 Rex Pipes ( (REXPIPES_SM) ) 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 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 Weak and stock is losing momentum.

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

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

Rex Pipes Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Rex Pipes in short term and BUY 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

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 60.23 and Rex Pipes (REXPIPES_SM) 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 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.