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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 2024-08-27 View latest technical analysis

10 day averaged volume of Southern Petrochemicals is 2341008

Date Daily Closing Price Open High Low Volume
27 Tue Aug 2024 90.33 90.78 93.47 89.08 1.541 times
26 Mon Aug 2024 90.85 92.49 92.55 89.51 0.887 times
23 Fri Aug 2024 91.88 91.70 93.50 91.20 0.854 times
22 Thu Aug 2024 91.27 91.20 95.20 91.01 1.978 times
21 Wed Aug 2024 90.71 90.75 92.50 90.20 0.724 times
20 Tue Aug 2024 90.64 89.85 92.00 88.61 1.044 times
19 Mon Aug 2024 89.48 88.45 91.60 88.06 1.171 times
16 Fri Aug 2024 87.68 85.99 89.77 85.62 1.308 times
14 Wed Aug 2024 84.92 85.68 86.31 83.55 0.526 times
13 Tue Aug 2024 84.00 86.81 87.92 83.10 0.514 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 90.6 as stoploss in an intra day sell trade for a target of 85.81. However, stock will show a bullish move above 90.6.

Share price targets for Southern Petrochemicals (SPIC)

Target Type Value
Downside Target 64.40
Downside Target 70.25
Downside Target 75.75
Downside Target 80.79
Downside Target 82.72
Downside Target 85.80
Downside Target 89.77
Upside Target 91.28
Upside Target 91.90
Upside Target 93.47
Upside Target 95.20
Upside Target 96.70

Intraday share price targets for Southern Petrochemicals (SPIC)

Target Type Value
Downside Intraday Target 88.45
Downside Intraday Target 86.57
Upside Intraday Target 92.84
Upside Intraday Target 95.35
Upside Intraday Target 90.96

Weekly technical analysis of Southern Petrochemicals (SPIC)

Date Weekly Closing Price Open High Low Volume
27 Tue Aug 2024 90.33 92.49 93.47 89.08 0.421 times
23 Fri Aug 2024 91.88 88.45 95.20 88.06 1.727 times
16 Fri Aug 2024 87.68 87.85 89.77 83.10 0.474 times
09 Fri Aug 2024 87.85 81.00 91.28 75.75 2.625 times
02 Fri Aug 2024 82.98 85.25 87.50 82.72 0.559 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 Southern Petrochemicals (SPIC)

Date Monthly Closing Price Open High Low Volume
27 Tue Aug 2024 90.33 85.44 95.20 75.75 1.035 times
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

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 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 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 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 BUY signal for Southern Petrochemicals in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 89.73 and Southern Petrochemicals (SPIC) 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 Southern Petrochemicals (SPIC) stock. Volume based technical analysis of Southern Petrochemicals (SPIC) stock is negative.

Southern Petrochemicals 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.

Price action analysis of Southern Petrochemicals ( (SPIC) ) based on a short 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 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 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 BUY signal for Southern Petrochemicals in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 89.73 and Southern Petrochemicals (SPIC) 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 Southern Petrochemicals (SPIC) stock. Volume based technical analysis of Southern Petrochemicals (SPIC) stock is negative.

Southern Petrochemicals 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.

Click here for Southern Petrochemicals charts

Click here for further forecast and predictions for tomorrow

Daily charts

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