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

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

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Eurotex Ind is 2518

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	12.70	13.10	13.10	12.60	0.367 times
30 Thu May 2024	13.10	13.25	13.60	13.00	0.104 times
29 Wed May 2024	13.25	13.35	13.50	12.95	0.786 times
28 Tue May 2024	13.60	14.00	14.00	13.60	0.522 times
27 Mon May 2024	13.90	14.25	14.50	13.30	2.52 times
24 Fri May 2024	14.00	13.85	14.50	13.15	1.451 times
23 Thu May 2024	13.85	13.25	13.85	12.80	0.219 times
22 Wed May 2024	13.25	12.65	13.25	12.65	1.543 times
21 Tue May 2024	12.65	13.30	13.30	12.65	2.197 times
18 Sat May 2024	13.30	13.30	13.30	13.30	0.629 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13, but if it comes above 13, then a intra day buy could be more profitable.
If you take a sell trade below 13, then use 13 as stoploss and 12.4 as target. However if you take a buy trade in stock , then use 13 as stoploss and 13.41 as target.

Share price targets for Eurotex Ind (EUROTEXIND_BE)

Target Type	Value
Downside Target	10.35
Downside Target	10.70
Downside Target	11.50
Downside Target	12.10
Downside Target	12.60
Upside Target	13.30
Upside Target	13.60
Upside Target	13.90
Upside Target	14.15
Upside Target	14.50
Upside Target	17.95
Upside Target	22.05

Intraday share price targets for Eurotex Ind (EUROTEXIND_BE)

Target Type	Value
Downside Intraday Target	12.03
Downside Intraday Target	11.37
Upside Intraday Target	13.93
Upside Intraday Target	15.17
Upside Intraday Target	13.27

Weekly technical analysis of Eurotex Ind (EUROTEXIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	12.70	14.25	14.50	12.60	0.795 times
24 Fri May 2024	14.00	13.30	14.50	12.65	3.495 times
18 Sat May 2024	13.30	13.60	13.60	12.70	7.126 times
10 Fri May 2024	13.60	13.90	13.90	13.60	0.07 times
03 Fri May 2024	13.90	14.15	14.15	13.90	1.178 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 Ind (EUROTEXIND_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	12.70	14.00	14.50	12.60	0.377 times
30 Tue Apr 2024	14.00	15.10	17.95	14.00	0.666 times
28 Thu Mar 2024	15.05	20.00	22.05	13.30	2.368 times
15 Fri Dec 2023	11.00	10.90	12.10	10.35	11.324 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 Ind (EUROTEXIND_BE)

Price action analysis of Eurotex Ind ( (EUROTEXIND_BE) ) 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 Ind ( (EUROTEXIND_BE) ) 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 Eurotex Ind ( (EUROTEXIND_BE) ) based on a short to mid 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 Eurotex Ind ( (EUROTEXIND_BE) ) based on a mid to longer 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.

ADX buy sell signal for Eurotex Ind stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Eurotex Ind 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 Ind in short term and SELL 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.4 and Eurotex Ind (EUROTEXIND_BE) 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 Ind (EUROTEXIND_BE) stock. Volume based technical analysis of Eurotex Ind (EUROTEXIND_BE) stock is negative.

Eurotex Ind 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.