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(SPENTEX_BZ) Spentex Ind complete technical analysis [charts+indicators] | Buy/Sell Spentex Ind | (SPENTEX_BZ) share price targets

Complete technical analysis of Spentex Ind (SPENTEX_BZ) by charts plus indicators, forecast predictions and share price targets for Spentex Ind (SPENTEX_BZ)

Showing technical analysis as on 2024-01-08 View latest technical analysis

10 day averaged volume of Spentex Ind is 18061

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	2.65	2.65	2.65	2.65	7.614 times
05 Fri Jan 2024	2.60	2.60	2.60	2.60	1.12 times
04 Thu Jan 2024	2.55	2.55	2.55	2.55	0.591 times
03 Wed Jan 2024	2.50	2.50	2.50	2.50	5.193 times
02 Tue Jan 2024	2.45	2.45	2.45	2.45	0.081 times
01 Mon Jan 2024	2.40	2.40	2.40	2.40	0.718 times
29 Fri Dec 2023	2.35	2.35	2.35	2.35	0.195 times
28 Thu Dec 2023	2.30	2.30	2.30	2.30	1.172 times
27 Wed Dec 2023	2.25	2.20	2.25	2.20	0.367 times
26 Tue Dec 2023	2.20	2.15	2.20	2.15	0.469 times

Stock of Spentex Ind (SPENTEX_BZ) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2.7, for a target of 2.5 or 2.39

Share price targets for Spentex Ind (SPENTEX_BZ)

Target Type	Value
Downside Target	1.60
Downside Target	2.05
Downside Target	2.15
Downside Target	2.20
Downside Target	2.35
Downside Target	2.40
Downside Target	2.45
Downside Target	2.55
Downside Target	2.60
Downside Target	2.65
Upside Target	2.70
Upside Target	2.75

Intraday share price targets for Spentex Ind (SPENTEX_BZ)

Target Type	Value
Downside Intraday Target	2.65
Downside Intraday Target	2.65
Downside Intraday Target	2.65
Downside Intraday Target	2.65
Downside Intraday Target	2.65

Weekly technical analysis of Spentex Ind (SPENTEX_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	2.65	2.65	2.65	2.65	0.988 times
05 Fri Jan 2024	2.60	2.40	2.60	2.40	3.498 times
29 Fri Dec 2023	2.35	2.15	2.35	2.15	0.45 times
22 Fri Dec 2023	2.20	2.60	2.60	2.20	0.231 times
15 Fri Dec 2023	2.50	2.20	2.60	2.15	1.214 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 Spentex Ind (SPENTEX_BZ)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	2.65	2.40	2.65	2.40	0.314 times
29 Fri Dec 2023	2.35	2.55	2.70	2.15	1.665 times
30 Thu Nov 2023	2.60	2.60	2.75	2.45	2.035 times
31 Tue Oct 2023	2.55	2.10	2.55	2.05	0.199 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 Spentex Ind (SPENTEX_BZ)

Price action analysis of Spentex Ind ( (SPENTEX_BZ) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Spentex Ind ( (SPENTEX_BZ) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Spentex Ind ( (SPENTEX_BZ) ) 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 Spentex Ind stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Spentex Ind in short term and the buy signal is strong.

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

Spentex Ind Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a buy signal for Spentex Ind 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 Spentex Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.54 and Spentex Ind (SPENTEX_BZ) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Spentex Ind (SPENTEX_BZ) stock. Volume based technical analysis of Spentex Ind (SPENTEX_BZ) stock is negative.

Spentex Ind Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.