Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(FILATEX) Filatex India complete technical analysis [charts+indicators] | Buy/Sell Filatex India | (FILATEX) share price targets

Complete technical analysis of Filatex India (FILATEX) by charts plus indicators, forecast predictions and share price targets for Filatex India (FILATEX)

Filatex India trades in NSE in Textiles sector.

Showing technical analysis as on 2024-05-30 View latest technical analysis

10 day averaged volume of Filatex India is 844165

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	53.25	54.45	54.45	53.10	0.485 times
29 Wed May 2024	54.00	54.15	54.75	53.80	0.499 times
28 Tue May 2024	54.55	55.90	56.30	54.30	0.652 times
27 Mon May 2024	55.90	55.15	56.60	54.70	0.908 times
24 Fri May 2024	55.10	55.10	55.80	55.00	0.554 times
23 Thu May 2024	55.65	55.90	56.30	55.50	0.895 times
22 Wed May 2024	55.90	56.40	57.40	55.40	1.362 times
21 Tue May 2024	56.25	56.60	56.90	55.45	1.188 times
18 Sat May 2024	56.60	55.75	57.00	55.75	0.402 times
17 Fri May 2024	55.75	57.25	58.65	54.35	2.619 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54.5, but if it comes above 54.5, then a intra day buy could be more profitable.
If you take a sell trade below 54.5, then use 54.5 as stoploss and 52.4 as target. However if you take a buy trade in stock , then use 54.5 as stoploss and 56.23 as target.

Share price targets for Filatex India (FILATEX)

Target Type	Value
Downside Target	48.20
Downside Target	49.70
Downside Target	53.10
Upside Target	54.35
Upside Target	59.80
Upside Target	61.50
Upside Target	64.20
Upside Target	64.60
Upside Target	66.50
Upside Target	66.90
Upside Target	74.30
Upside Target	78.00

Intraday share price targets for Filatex India (FILATEX)

Target Type	Value
Downside Intraday Target	52.03
Downside Intraday Target	50.82
Upside Intraday Target	55.53
Upside Intraday Target	57.82
Upside Intraday Target	54.32

Weekly technical analysis of Filatex India (FILATEX)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	53.25	55.15	56.60	53.10	0.636 times
24 Fri May 2024	55.10	56.60	57.40	55.00	0.57 times
18 Sat May 2024	56.60	56.90	58.65	54.35	1.004 times
10 Fri May 2024	56.55	61.25	61.50	54.80	0.682 times
03 Fri May 2024	61.25	63.40	66.50	59.80	0.518 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 Filatex India (FILATEX)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu May 2024	53.25	63.45	64.20	53.10	0.396 times
30 Tue Apr 2024	63.60	59.00	66.90	56.00	0.852 times
28 Thu Mar 2024	58.55	73.00	74.30	49.70	0.429 times
29 Thu Feb 2024	73.20	62.45	78.00	58.50	0.988 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 Filatex India (FILATEX)

Price action analysis of Filatex India ( (FILATEX) ) 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 Filatex India ( (FILATEX) ) 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 Filatex India ( (FILATEX) ) 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 Filatex India stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Filatex India in short term and the sell signal is strong.

Filatex India 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 Filatex India 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 Filatex India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.54 and Filatex India (FILATEX) 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 Filatex India (FILATEX) stock. Volume based technical analysis of Filatex India (FILATEX) stock is negative.

Filatex India 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.