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(EUROTEXIND) Eurotex Industries complete technical analysis [charts+indicators] | Buy/Sell Eurotex Industries | (EUROTEXIND) share price targets

Complete technical analysis of Eurotex Industries (EUROTEXIND) by charts plus indicators, forecast predictions and share price targets for Eurotex Industries (EUROTEXIND)

Eurotex Industries trades in NSE in Textiles sector.

Showing technical analysis as on 2024-08-12 View latest technical analysis

10 day averaged volume of Eurotex Industries is 8629

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	13.82	14.47	14.87	13.76	0.517 times
09 Fri Aug 2024	14.47	14.97	14.97	13.76	0.136 times
08 Thu Aug 2024	14.42	15.00	15.00	14.05	0.06 times
07 Wed Aug 2024	14.55	14.00	15.12	13.78	1.08 times
06 Tue Aug 2024	14.50	14.49	15.06	13.78	2.052 times
05 Mon Aug 2024	14.51	15.25	15.36	14.48	0.472 times
02 Fri Aug 2024	15.25	15.07	15.83	14.32	2.875 times
01 Thu Aug 2024	15.08	14.11	15.43	14.11	0.882 times
31 Wed Jul 2024	14.74	15.10	15.41	14.51	0.996 times
30 Tue Jul 2024	15.10	15.12	15.13	14.42	0.915 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 14, but if it comes above 14, then a intra day buy could be more profitable.
If you take a sell trade below 14, then use 14 as stoploss and 13.2 as target. However if you take a buy trade in stock , then use 14 as stoploss and 14.65 as target.

Share price targets for Eurotex Industries (EUROTEXIND)

Target Type	Value
Downside Target	11.95
Downside Target	13.07
Upside Target	14.30
Upside Target	14.87
Upside Target	15.36
Upside Target	15.45
Upside Target	15.75
Upside Target	15.83
Upside Target	17.25
Upside Target	20.00

Intraday share price targets for Eurotex Industries (EUROTEXIND)

Target Type	Value
Downside Intraday Target	13.43
Downside Intraday Target	13.04
Upside Intraday Target	14.54
Upside Intraday Target	15.26
Upside Intraday Target	14.15

Weekly technical analysis of Eurotex Industries (EUROTEXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	13.82	14.47	14.87	13.76	0.136 times
09 Fri Aug 2024	14.47	15.25	15.36	13.76	0.613 times
02 Fri Aug 2024	15.25	14.44	15.83	13.51	3.407 times
26 Fri Jul 2024	13.77	14.39	14.94	13.38	0.247 times
19 Fri Jul 2024	14.41	17.25	17.25	14.30	1.039 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 Eurotex Industries (EUROTEXIND)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	13.82	14.11	15.83	13.76	0.329 times
31 Wed Jul 2024	14.74	14.28	17.25	13.07	5.611 times
28 Fri Jun 2024	14.29	14.35	15.00	13.33	0.457 times
07 Thu Mar 2024	20.00	15.75	20.00	15.75	0.539 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 Eurotex Industries (EUROTEXIND)

Price action analysis of Eurotex Industries ( (EUROTEXIND) ) 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 Eurotex Industries ( (EUROTEXIND) ) 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 Eurotex Industries ( (EUROTEXIND) ) 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 Eurotex Industries stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Eurotex Industries in short term and the sell signal is strong.

Eurotex Industries 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Eurotex Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Eurotex Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 14.82 and Eurotex Industries (EUROTEXIND) 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 Eurotex Industries (EUROTEXIND) stock. Volume based technical analysis of Eurotex Industries (EUROTEXIND) stock is negative.

Eurotex Industries 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.