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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 2024-09-13 View latest technical analysis

10 day averaged volume of Setco Automotive is 39672

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	12.37	12.05	12.54	12.05	1.113 times
12 Thu Sep 2024	12.30	12.50	12.50	12.25	0.687 times
11 Wed Sep 2024	12.50	12.36	12.59	12.13	0.958 times
10 Tue Sep 2024	12.35	12.35	12.35	12.24	0.485 times
09 Mon Sep 2024	12.35	12.61	12.61	12.35	0.267 times
06 Fri Sep 2024	12.61	12.87	12.87	12.61	0.687 times
05 Thu Sep 2024	12.87	13.05	13.05	12.86	1.323 times
04 Wed Sep 2024	13.13	13.30	13.30	13.13	0.53 times
03 Tue Sep 2024	13.40	13.50	13.52	13.40	1.713 times
02 Mon Sep 2024	13.46	13.46	13.46	13.46	2.365 times

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 12.1 as stoploss in an intra day buy trade for a target of 12.96. However, stock will show a bearish move below 12.1.

Share price targets for Setco Automotive (SETCO_BE)

Target Type	Value
Downside Target	9.71
Downside Target	10.40
Downside Target	11.03
Downside Target	11.78
Upside Target	12.61
Upside Target	13.24
Upside Target	13.52
Upside Target	13.95
Upside Target	14.35
Upside Target	14.60
Upside Target	15.82

Intraday share price targets for Setco Automotive (SETCO_BE)

Target Type	Value
Downside Intraday Target	12.08
Downside Intraday Target	11.78
Upside Intraday Target	12.64
Upside Intraday Target	12.9
Downside Intraday Target	12.34

Weekly technical analysis of Setco Automotive (SETCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	12.37	12.61	12.61	12.05	0.53 times
06 Fri Sep 2024	12.61	13.46	13.52	12.61	0.405 times
30 Fri Aug 2024	13.71	13.91	14.60	13.25	1.033 times
23 Fri Aug 2024	13.25	12.35	13.25	11.03	1.033 times
16 Fri Aug 2024	12.51	14.02	14.35	12.00	1.788 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 Setco Automotive (SETCO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	12.37	13.46	13.52	12.05	0.175 times
30 Fri Aug 2024	13.71	13.00	14.60	11.03	0.488 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

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 neutral. A longer time frame might give a better analysis.

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 and the sell signal is strong.

Setco Automotive 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 moving up

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 12.93 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.