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(SPLPETRO) Supreme Petrochem complete technical analysis [charts+indicators] | Buy/Sell Supreme Petrochem | (SPLPETRO) share price targets

Complete technical analysis of Supreme Petrochem (SPLPETRO) by charts plus indicators, forecast predictions and share price targets for Supreme Petrochem (SPLPETRO)

Showing technical analysis as on 2024-11-22 View latest technical analysis

10 day averaged volume of Supreme Petrochem is 37114

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	690.70	687.50	694.90	681.50	0.573 times
21 Thu Nov 2024	685.55	692.00	694.95	669.95	0.871 times
19 Tue Nov 2024	687.35	692.90	704.00	684.25	0.57 times
18 Mon Nov 2024	690.95	686.85	693.00	675.60	1.316 times
14 Thu Nov 2024	688.65	700.00	709.35	682.55	0.934 times
13 Wed Nov 2024	698.15	713.00	715.90	682.95	1.493 times
12 Tue Nov 2024	713.85	725.70	743.40	702.35	1.52 times
11 Mon Nov 2024	734.05	753.95	753.95	727.70	1.205 times
08 Fri Nov 2024	753.95	763.95	763.95	742.00	0.856 times
07 Thu Nov 2024	761.30	771.00	781.85	759.00	0.93 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 702.6, but if it comes above 702.6, then a intra day buy could be more profitable.
If you take a sell trade below 702.6, then use 702.6 as stoploss and 664.4 as target. However if you take a buy trade in stock , then use 702.6 as stoploss and 734.45 as target.

Share price targets for Supreme Petrochem (SPLPETRO)

Target Type	Value
Downside Target	669.95
Upside Target	704.00
Upside Target	725.30
Upside Target	785.00
Upside Target	794.40
Upside Target	804.95
Upside Target	846.30
Upside Target	878.45
Upside Target	902.00
Upside Target	910.00
Upside Target	926.60

Intraday share price targets for Supreme Petrochem (SPLPETRO)

Target Type	Value
Downside Intraday Target	672.43
Downside Intraday Target	654.17
Upside Intraday Target	706.48
Upside Intraday Target	722.27
Downside Intraday Target	688.22

Weekly technical analysis of Supreme Petrochem (SPLPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	690.70	686.85	704.00	669.95	0.646 times
14 Thu Nov 2024	688.65	753.95	753.95	682.55	0.994 times
08 Fri Nov 2024	753.95	754.10	804.95	742.00	1.404 times
01 Fri Nov 2024	763.00	762.55	765.00	725.30	0.487 times
25 Fri Oct 2024	762.45	780.00	794.40	738.75	1.54 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 Supreme Petrochem (SPLPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	690.70	764.00	804.95	669.95	0.508 times
31 Thu Oct 2024	754.10	867.55	878.45	725.30	0.589 times
30 Mon Sep 2024	866.70	863.70	910.00	846.30	0.964 times
30 Fri Aug 2024	859.70	857.10	902.00	785.00	0.548 times

Scroll below to view daily charts

Price has moved down 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 Supreme Petrochem (SPLPETRO)

Price action analysis of Supreme Petrochem ( (SPLPETRO) ) 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 Supreme Petrochem ( (SPLPETRO) ) 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 Supreme Petrochem ( (SPLPETRO) ) based on a short to mid 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 Supreme Petrochem ( (SPLPETRO) ) based on a mid to longer 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.

ADX buy sell signal for Supreme Petrochem stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Supreme Petrochem in short term and the sell signal is strong.

Supreme Petrochem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Supreme Petrochem 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 Supreme Petrochem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 711.19 and Supreme Petrochem (SPLPETRO) 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 Supreme Petrochem (SPLPETRO) stock. Volume based technical analysis of Supreme Petrochem (SPLPETRO) stock is negative.

Supreme Petrochem Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.