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(SETCO_BE) Setco Automotive complete technical analysis [charts+indicators] | Buy/Sell Setco Automotive | (SETCO_BE) share price targets

Complete technical analysis of Setco Automotive (SETCO_BE) by charts plus indicators, forecast predictions and share price targets for Setco Automotive (SETCO_BE)

Showing technical analysis as on 2024-08-16 View latest technical analysis

10 day averaged volume of Setco Automotive is 85681

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	12.51	12.40	12.75	12.00	1.891 times
14 Wed Aug 2024	12.64	12.71	13.84	12.64	2.195 times
13 Tue Aug 2024	13.31	13.90	14.35	13.31	1.756 times
12 Mon Aug 2024	14.02	14.02	14.02	14.02	1.257 times
09 Fri Aug 2024	13.36	12.90	13.36	12.90	0.81 times
08 Thu Aug 2024	13.10	13.60	13.60	13.10	0.379 times
07 Wed Aug 2024	13.35	13.13	13.39	13.13	1.329 times
06 Tue Aug 2024	13.13	13.41	13.41	13.13	0.453 times
05 Mon Aug 2024	13.40	13.52	13.52	13.40	0.999 times
02 Fri Aug 2024	13.26	13.26	13.26	13.26	0.458 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.7, but if it comes above 12.7, then a intra day buy could be more profitable.
If you take a sell trade below 12.7, then use 12.7 as stoploss and 12.2 as target. However if you take a buy trade in stock , then use 12.7 as stoploss and 13.19 as target.

Share price targets for Setco Automotive (SETCO_BE)

Target Type	Value
Downside Target	9.71
Downside Target	10.40
Downside Target	11.78
Downside Target	12.36
Upside Target	12.65
Upside Target	13.24
Upside Target	13.60
Upside Target	13.95
Upside Target	14.22
Upside Target	14.35
Upside Target	14.84
Upside Target	15.82

Intraday share price targets for Setco Automotive (SETCO_BE)

Target Type	Value
Downside Intraday Target	11.56
Downside Intraday Target	10.6
Upside Intraday Target	13.91
Upside Intraday Target	15.3
Upside Intraday Target	12.95

Weekly technical analysis of Setco Automotive (SETCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	12.51	14.02	14.35	12.00	1.788 times
09 Fri Aug 2024	13.36	13.52	13.60	12.90	1.128 times
02 Fri Aug 2024	13.26	12.61	13.26	12.36	0.867 times
26 Fri Jul 2024	12.85	13.67	14.22	12.85	5.764 times
19 Fri Jul 2024	13.95	14.84	14.84	13.95	0.063 times

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

Monthly technical analysis of Setco Automotive (SETCO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	12.51	13.00	14.35	12.00	0.217 times
31 Wed Jul 2024	12.75	11.78	15.82	11.78	3.058 times
28 Fri Jun 2024	12.40	10.90	13.24	9.71	0.731 times
31 Fri May 2024	10.70	13.95	13.95	10.40	1.692 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 Setco Automotive (SETCO_BE)

Price action analysis of Setco Automotive ( (SETCO_BE) ) 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 Setco Automotive ( (SETCO_BE) ) 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 Setco Automotive ( (SETCO_BE) ) 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 Setco Automotive stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Setco Automotive 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 Setco Automotive 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 positive zone. This is a BUY zone

Stock of Setco Automotive is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.13 and Setco Automotive (SETCO_BE) 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 Setco Automotive (SETCO_BE) stock. Volume based technical analysis of Setco Automotive (SETCO_BE) stock is negative.

Setco Automotive 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.