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(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 2024-05-31 View latest technical analysis

10 day averaged volume of Filatex India is 807355

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	52.90	53.75	53.75	52.40	0.601 times
30 Thu May 2024	53.25	54.45	54.45	53.10	0.507 times
29 Wed May 2024	54.00	54.15	54.75	53.80	0.522 times
28 Tue May 2024	54.55	55.90	56.30	54.30	0.682 times
27 Mon May 2024	55.90	55.15	56.60	54.70	0.95 times
24 Fri May 2024	55.10	55.10	55.80	55.00	0.579 times
23 Thu May 2024	55.65	55.90	56.30	55.50	0.936 times
22 Wed May 2024	55.90	56.40	57.40	55.40	1.424 times
21 Tue May 2024	56.25	56.60	56.90	55.45	1.242 times
18 Sat May 2024	56.60	55.75	57.00	55.75	0.42 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 52.5, for a target of 54.3 or 55.81

Share price targets for Filatex India (FILATEX)

Target Type	Value
Downside Target	48.20
Downside Target	49.70
Downside Target	52.40
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	51.33
Downside Intraday Target	49.77
Upside Intraday Target	55.53
Upside Intraday Target	58.17
Upside Intraday Target	53.97

Weekly technical analysis of Filatex India (FILATEX)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	52.90	55.15	56.60	52.40	0.78 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
31 Fri May 2024	52.90	63.45	64.20	52.40	0.406 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 neutral. A longer time frame might give a better analysis.

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 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 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Filatex India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.26 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.