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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 2025-01-21 View latest technical analysis

10 day averaged volume of Supreme Petrochem is 49462

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	640.05	652.60	656.30	635.00	1.224 times
20 Mon Jan 2025	649.15	659.95	660.50	636.00	1.282 times
17 Fri Jan 2025	651.35	651.00	669.90	640.00	0.674 times
16 Thu Jan 2025	648.95	643.60	664.35	643.60	0.738 times
15 Wed Jan 2025	646.00	642.90	656.65	635.65	1.046 times
14 Tue Jan 2025	648.80	633.20	656.30	633.15	0.595 times
13 Mon Jan 2025	638.00	630.00	646.45	628.60	1.593 times
10 Fri Jan 2025	636.80	652.10	661.60	635.00	0.853 times
09 Thu Jan 2025	658.10	648.00	661.00	645.55	1.654 times
08 Wed Jan 2025	651.30	661.50	663.10	649.50	0.84 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 641.5, but if it comes above 641.5, then a intra day buy could be more profitable.
If you take a sell trade below 641.5, then use 641.5 as stoploss and 622.3 as target. However if you take a buy trade in stock , then use 641.5 as stoploss and 657.43 as target.

Share price targets for Supreme Petrochem (SPLPETRO)

Target Type	Value
Downside Target	628.60
Upside Target	650.00
Upside Target	679.80
Upside Target	718.35
Upside Target	725.30
Upside Target	796.85
Upside Target	804.95
Upside Target	846.30
Upside Target	878.45
Upside Target	910.00

Intraday share price targets for Supreme Petrochem (SPLPETRO)

Target Type	Value
Downside Intraday Target	629.87
Downside Intraday Target	619.68
Upside Intraday Target	655.37
Upside Intraday Target	670.68
Upside Intraday Target	645.18

Weekly technical analysis of Supreme Petrochem (SPLPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	640.05	659.95	660.50	635.00	0.539 times
17 Fri Jan 2025	651.35	630.00	669.90	628.60	0.775 times
10 Fri Jan 2025	636.80	667.00	667.00	635.00	1.208 times
03 Fri Jan 2025	657.50	672.05	679.80	650.00	1.565 times
27 Fri Dec 2024	670.05	718.35	718.35	668.00	0.499 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 Supreme Petrochem (SPLPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	640.05	668.90	679.80	628.60	0.74 times
31 Tue Dec 2024	665.40	714.35	796.85	650.00	1.701 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

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 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 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Supreme Petrochem in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 646.77 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.