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(SPIC) Southern Petrochemicals complete technical analysis [charts+indicators] | Buy/Sell Southern Petrochemicals | (SPIC) share price targets

Complete technical analysis of Southern Petrochemicals (SPIC) by charts plus indicators, forecast predictions and share price targets for Southern Petrochemicals (SPIC)

Showing technical analysis as on 2024-07-04 View latest technical analysis

10 day averaged volume of Southern Petrochemicals is 4874569

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Jul 2024	84.47	84.16	86.00	83.09	0.367 times
03 Wed Jul 2024	83.74	82.98	84.90	82.85	0.246 times
02 Tue Jul 2024	82.53	84.30	84.68	82.08	0.204 times
01 Mon Jul 2024	83.90	83.87	86.16	82.90	0.301 times
28 Fri Jun 2024	83.57	83.50	84.90	82.82	0.287 times
27 Thu Jun 2024	83.01	85.00	85.15	81.74	0.27 times
26 Wed Jun 2024	84.62	85.23	87.00	83.56	0.504 times
25 Tue Jun 2024	85.04	86.50	88.10	84.55	0.379 times
24 Mon Jun 2024	85.99	87.00	88.21	85.21	0.612 times
21 Fri Jun 2024	89.32	93.00	93.05	89.00	1.191 times

My analysis of stock is bullish for shortterm, and stock might move up till 87.2 or till 93. Use a stoploss of 82.47 and if this stock hits its stoploss, then it can fall down till 77.7

Share price targets for Southern Petrochemicals (SPIC)

Target Type	Value
Downside Target	64.40
Downside Target	68.25
Downside Target	70.25
Downside Target	73.45
Downside Target	78.43
Downside Target	81.74
Upside Target	85.80
Upside Target	86.16
Upside Target	88.21
Upside Target	90.50
Upside Target	96.70

Intraday share price targets for Southern Petrochemicals (SPIC)

Target Type	Value
Downside Intraday Target	82.31
Downside Intraday Target	80.16
Upside Intraday Target	86.39
Upside Intraday Target	88.32
Downside Intraday Target	84.24

Weekly technical analysis of Southern Petrochemicals (SPIC)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Jul 2024	84.47	83.87	86.16	82.08	0.544 times
28 Fri Jun 2024	83.57	87.00	88.21	81.74	0.211 times
21 Fri Jun 2024	89.32	80.05	96.70	78.43	4.493 times
14 Fri Jun 2024	79.71	74.00	81.96	73.45	2.714 times
07 Fri Jun 2024	73.45	73.90	74.00	64.40	1.242 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 Southern Petrochemicals (SPIC)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Jul 2024	84.47	83.87	86.16	82.08	0.076 times
28 Fri Jun 2024	83.57	73.90	96.70	64.40	4.769 times
31 Fri May 2024	71.10	81.70	82.80	70.25	0.654 times
30 Tue Apr 2024	81.45	71.50	85.80	71.50	1.101 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 Southern Petrochemicals (SPIC)

Price action analysis of Southern Petrochemicals ( (SPIC) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Southern Petrochemicals ( (SPIC) ) based on a short 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 Southern Petrochemicals ( (SPIC) ) 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 Southern Petrochemicals ( (SPIC) ) 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 Southern Petrochemicals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

Southern Petrochemicals 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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Southern Petrochemicals in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Southern Petrochemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 85.75 and Southern Petrochemicals (SPIC) 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 Southern Petrochemicals (SPIC) stock. Volume based technical analysis of Southern Petrochemicals (SPIC) stock is negative.

Southern Petrochemicals Stock has given negative 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.