Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-31 View latest technical analysis

10 day averaged volume of Southern Petrochemicals is 1770251

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	84.89	86.80	87.50	84.71	0.748 times
30 Tue Jul 2024	86.19	84.60	87.44	84.60	1.021 times
29 Mon Jul 2024	84.64	85.25	86.29	84.26	0.509 times
26 Fri Jul 2024	84.00	85.88	86.60	83.83	0.612 times
25 Thu Jul 2024	84.44	86.00	86.00	84.18	0.593 times
24 Wed Jul 2024	85.97	83.70	87.10	83.08	0.767 times
23 Tue Jul 2024	83.25	88.05	88.85	80.79	1.802 times
22 Mon Jul 2024	87.36	82.70	89.30	81.52	2.585 times
19 Fri Jul 2024	82.79	84.50	84.69	81.75	0.668 times
18 Thu Jul 2024	84.59	86.95	86.95	84.44	0.527 times

My analysis of stock is bearish for shortterm, and stock might move down till 83.9 or till 81.9. Use a stoploss of 85.49 and if the stock hits stoploss, then it can shoot up till 87.11

Share price targets for Southern Petrochemicals (SPIC)

Target Type	Value
Downside Target	64.40
Downside Target	68.25
Downside Target	70.25
Downside Target	80.79
Upside Target	86.36
Upside Target	87.50
Upside Target	89.30
Upside Target	89.80
Upside Target	90.50
Upside Target	91.90
Upside Target	96.70

Intraday share price targets for Southern Petrochemicals (SPIC)

Target Type	Value
Downside Intraday Target	83.6
Downside Intraday Target	82.31
Upside Intraday Target	86.84
Upside Intraday Target	88.79
Upside Intraday Target	85.55

Weekly technical analysis of Southern Petrochemicals (SPIC)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	84.89	85.25	87.50	84.26	0.358 times
26 Fri Jul 2024	84.00	82.70	89.30	80.79	2.138 times
19 Fri Jul 2024	82.79	86.80	89.80	81.75	0.315 times
12 Fri Jul 2024	85.88	87.75	91.90	83.47	2.41 times
05 Fri Jul 2024	85.16	83.87	86.36	82.08	0.694 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
31 Wed Jul 2024	84.89	83.87	91.90	80.79	0.614 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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 Southern Petrochemicals in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 85.2 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.