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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)

10 day averaged volume of Spentex Ind is 136321

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	2.80	2.80	2.80	2.80	2.558 times
10 Wed Jan 2024	2.75	2.75	2.75	2.65	5.862 times
09 Tue Jan 2024	2.70	2.70	2.70	2.70	1.928 times
08 Mon Jan 2024	2.65	2.65	2.65	2.65	1.009 times
05 Fri Jan 2024	2.60	2.60	2.60	2.60	0.148 times
04 Thu Jan 2024	2.55	2.55	2.55	2.55	0.078 times
03 Wed Jan 2024	2.50	2.50	2.50	2.50	0.688 times
02 Tue Jan 2024	2.45	2.45	2.45	2.45	0.011 times
01 Mon Jan 2024	2.40	2.40	2.40	2.40	0.095 times
29 Fri Dec 2023	2.35	2.35	2.35	2.35	0.026 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 2.8, for a target of 2.6 or 2.45

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
Downside Target	2.70
Downside Target	2.75
Downside Target	2.80

Intraday share price targets for Spentex Ind (SPENTEX_BZ)

Target Type	Value
Downside Intraday Target	2.7
Downside Intraday Target	2.6
Upside Intraday Target	2.85
Upside Intraday Target	2.9
Downside Intraday Target	2.75

Weekly technical analysis of Spentex Ind (SPENTEX_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	2.80	2.65	2.80	2.65	11.127 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Spentex Ind (SPENTEX_BZ)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	2.80	2.40	2.80	2.40	1.914 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, and volume has increased substantially. This means that the move can 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 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 Spentex Ind ( (SPENTEX_BZ) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

Stock of Spentex Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.72 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.