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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 2024-06-05 View latest technical analysis

10 day averaged volume of Eurotex Ind is 2190

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	12.10	12.30	12.30	11.75	1.384 times
04 Tue Jun 2024	12.30	12.95	12.95	12.30	0.231 times
03 Mon Jun 2024	12.95	12.95	12.95	12.40	1.132 times
31 Fri May 2024	12.70	13.10	13.10	12.60	0.421 times
30 Thu May 2024	13.10	13.25	13.60	13.00	0.12 times
29 Wed May 2024	13.25	13.35	13.50	12.95	0.903 times
28 Tue May 2024	13.60	14.00	14.00	13.60	0.6 times
27 Mon May 2024	13.90	14.25	14.50	13.30	2.898 times
24 Fri May 2024	14.00	13.85	14.50	13.15	1.668 times
23 Thu May 2024	13.85	13.25	13.85	12.80	0.252 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 12, for a target of 12.7 or 13.2

Share price targets for Eurotex Ind (EUROTEXIND_BE)

Target Type	Value
Downside Target	10.35
Downside Target	11.75
Downside Target	12.10
Upside Target	12.60
Upside Target	13.30
Upside Target	13.60
Upside Target	13.90
Upside Target	14.00
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	11.58
Downside Intraday Target	11.07
Upside Intraday Target	12.78
Upside Intraday Target	13.47
Upside Intraday Target	12.27

Weekly technical analysis of Eurotex Ind (EUROTEXIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	12.10	12.95	12.95	11.75	0.556 times
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

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
05 Wed Jun 2024	12.10	12.95	12.95	11.75	0.203 times
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

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 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 Ind ( (EUROTEXIND_BE) ) based on a mid to longer 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.

ADX buy sell signal for Eurotex Ind stock for short term is SELL. Signal strength is Strong 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 weakening, and bulls are picking up momentum!

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 and the buying is gaining 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 13.36 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.