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 2024-09-02 View latest technical analysis

10 day averaged volume of Southern Petrochemicals is 2319458

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	88.86	87.97	91.24	87.28	0.811 times
30 Fri Aug 2024	87.79	88.20	90.20	87.50	0.564 times
29 Thu Aug 2024	87.34	89.90	89.90	86.71	0.581 times
28 Wed Aug 2024	89.49	90.50	92.56	89.21	0.58 times
27 Tue Aug 2024	90.33	90.78	93.47	89.08	1.555 times
26 Mon Aug 2024	90.85	92.49	92.55	89.51	0.895 times
23 Fri Aug 2024	91.88	91.70	93.50	91.20	0.862 times
22 Thu Aug 2024	91.27	91.20	95.20	91.01	1.997 times
21 Wed Aug 2024	90.71	90.75	92.50	90.20	0.731 times
20 Tue Aug 2024	90.64	89.85	92.00	88.61	1.054 times

My analysis of stock is bullish for shortterm, and stock might move up till 91.4 or till 97.2. Use a stoploss of 86.54 and if this stock hits its stoploss, then it can fall down till 81.7

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	82.80
Downside Target	86.71
Upside Target	91.24
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	87.01
Downside Intraday Target	85.17
Upside Intraday Target	90.97
Upside Intraday Target	93.09
Upside Intraday Target	89.13

Weekly technical analysis of Southern Petrochemicals (SPIC)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	88.86	87.97	91.24	87.28	0.194 times
30 Fri Aug 2024	87.79	92.49	93.47	86.71	0.717 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

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
02 Mon Sep 2024	88.86	87.97	91.24	87.28	0.038 times
30 Fri Aug 2024	87.79	85.44	95.20	75.75	1.126 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

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 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 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 90.27 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.