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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 2024-08-20 View latest technical analysis

10 day averaged volume of Eurotex Industries is 4981

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	13.86	13.60	14.22	13.60	0.318 times
19 Mon Aug 2024	13.60	13.65	13.65	12.57	0.368 times
16 Fri Aug 2024	13.00	13.12	13.76	12.51	0.598 times
14 Wed Aug 2024	13.12	13.50	13.89	13.00	0.787 times
13 Tue Aug 2024	13.42	13.12	14.48	13.12	0.768 times
12 Mon Aug 2024	13.82	14.47	14.87	13.76	0.896 times
09 Fri Aug 2024	14.47	14.97	14.97	13.76	0.235 times
08 Thu Aug 2024	14.42	15.00	15.00	14.05	0.105 times
07 Wed Aug 2024	14.55	14.00	15.12	13.78	1.871 times
06 Tue Aug 2024	14.50	14.49	15.06	13.78	3.555 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 13.6 as stoploss in an intra day buy trade for a target of 14.19. However, stock will show a bearish move below 13.6.

Share price targets for Eurotex Industries (EUROTEXIND)

Target Type	Value
Downside Target	11.95
Downside Target	12.51
Downside Target	13.07
Upside Target	14.22
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	12.88
Downside Intraday Target	11.9
Upside Intraday Target	14.53
Upside Intraday Target	15.2
Downside Intraday Target	13.55

Weekly technical analysis of Eurotex Industries (EUROTEXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	13.86	13.65	14.22	12.57	0.225 times
16 Fri Aug 2024	13.00	14.47	14.87	12.51	0.463 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

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 Eurotex Industries (EUROTEXIND)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	13.86	14.11	15.83	12.51	0.395 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 Eurotex Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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

Eurotex Industries 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 weakening, and bulls are picking up momentum!

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 Eurotex Industries 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

Stock of Eurotex Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 14.09 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.