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

(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 2024-12-04 View latest technical analysis

10 day averaged volume of Supreme Petrochem is 28119

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	761.05	745.50	772.75	745.50	2.106 times
03 Tue Dec 2024	749.45	712.10	755.50	711.05	2.246 times
02 Mon Dec 2024	714.35	714.35	719.45	705.50	1.179 times
29 Fri Nov 2024	714.35	710.00	719.50	708.00	0.368 times
28 Thu Nov 2024	716.70	720.05	725.90	707.25	1.257 times
27 Wed Nov 2024	712.60	713.90	719.45	700.00	0.526 times
26 Tue Nov 2024	707.60	711.45	722.40	700.05	0.551 times
25 Mon Nov 2024	713.45	691.95	718.00	691.95	1.214 times
22 Fri Nov 2024	690.70	687.50	694.90	681.50	0.757 times
21 Thu Nov 2024	685.55	692.00	694.95	669.95	1.15 times

Stock of Supreme Petrochem (SPLPETRO) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 750.9, but if it comes below 750.9, then a intra day sell could be more profitable.
If you take a sell trade below 750.9, then use 750.9 as stoploss and 721.92 as target. However if you take a buy trade in stock , then use 750.9 as stoploss and 785.8 as target.

Share price targets for Supreme Petrochem (SPLPETRO)

Target Type	Value
Downside Target	669.95
Downside Target	725.30
Downside Target	742.00
Upside Target	772.75
Upside Target	785.00
Upside Target	804.95
Upside Target	846.30
Upside Target	878.45
Upside Target	902.00
Upside Target	910.00

Intraday share price targets for Supreme Petrochem (SPLPETRO)

Target Type	Value
Downside Intraday Target	720.12
Downside Intraday Target	679.18
Upside Intraday Target	787.37
Upside Intraday Target	813.68
Downside Intraday Target	746.43

Weekly technical analysis of Supreme Petrochem (SPLPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	761.05	714.35	772.75	705.50	1.412 times
29 Fri Nov 2024	714.35	691.95	725.90	691.95	0.891 times
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

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
04 Wed Dec 2024	761.05	714.35	772.75	705.50	0.25 times
29 Fri Nov 2024	714.35	764.00	804.95	669.95	0.617 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

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 Supreme Petrochem (SPLPETRO)

Price action analysis of Supreme Petrochem ( (SPLPETRO) ) 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 Supreme Petrochem ( (SPLPETRO) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Supreme Petrochem in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Supreme Petrochem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Supreme Petrochem in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 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 725.22 and Supreme Petrochem (SPLPETRO) 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 Supreme Petrochem (SPLPETRO) stock. Volume based technical analysis of Supreme Petrochem (SPLPETRO) stock is negative.

Supreme Petrochem Stock is giving positive 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.