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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 2024-12-12 View latest technical analysis

10 day averaged volume of Supreme Petrochem is 43696

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	768.80	767.80	781.70	761.55	0.379 times
11 Wed Dec 2024	774.80	773.80	780.70	757.50	0.748 times
10 Tue Dec 2024	775.75	779.00	796.85	763.20	1.388 times
09 Mon Dec 2024	773.85	762.75	789.90	760.35	1.415 times
06 Fri Dec 2024	756.75	772.50	778.85	752.10	0.963 times
05 Thu Dec 2024	766.35	767.75	776.40	760.00	0.881 times
04 Wed Dec 2024	761.05	745.50	772.75	745.50	1.355 times
03 Tue Dec 2024	749.45	712.10	755.50	711.05	1.445 times
02 Mon Dec 2024	714.35	714.35	719.45	705.50	0.759 times
29 Fri Nov 2024	714.35	710.00	719.50	708.00	0.237 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 760.6, but if it comes below 760.6, then a intra day sell could be more profitable.
If you take a sell trade below 760.6, then use 760.6 as stoploss and 727.36 as target. However if you take a buy trade in stock , then use 760.6 as stoploss and 800.5 as target.

Share price targets for Supreme Petrochem (SPLPETRO)

Target Type	Value
Downside Target	669.95
Downside Target	725.30
Downside Target	753.95
Upside Target	778.85
Upside Target	785.00
Upside Target	796.85
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	751.92
Downside Intraday Target	735.03
Upside Intraday Target	791.27
Upside Intraday Target	813.73
Upside Intraday Target	774.38

Weekly technical analysis of Supreme Petrochem (SPLPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	768.80	762.75	796.85	757.50	0.728 times
06 Fri Dec 2024	756.75	714.35	778.85	705.50	2.143 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

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
12 Thu Dec 2024	768.80	714.35	796.85	705.50	0.654 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 and the buy signal is strong.

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 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 Supreme Petrochem 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 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 759.9 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 positive

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