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(KITEX) Kitex Garments complete technical analysis [charts+indicators] | Buy/Sell Kitex Garments | (KITEX) share price targets

Complete technical analysis of Kitex Garments (KITEX) by charts plus indicators, forecast predictions and share price targets for Kitex Garments (KITEX)

Kitex Garments trades in NSE in Other Apparels & Accessories sector.

Showing technical analysis as on 2024-04-16 View latest technical analysis

10 day averaged volume of Kitex Garments is 224709

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	195.45	194.50	198.00	191.65	0.577 times
15 Mon Apr 2024	194.85	197.00	198.10	191.20	0.953 times
12 Fri Apr 2024	202.30	200.50	205.00	200.05	0.657 times
10 Wed Apr 2024	203.55	204.50	205.90	201.30	0.576 times
09 Tue Apr 2024	203.45	206.45	208.55	201.55	0.554 times
08 Mon Apr 2024	206.45	209.00	211.00	206.00	0.541 times
05 Fri Apr 2024	207.50	206.45	209.00	204.40	0.589 times
04 Thu Apr 2024	206.85	205.05	209.25	203.85	1.621 times
03 Wed Apr 2024	203.00	194.00	205.80	194.00	2.451 times
02 Tue Apr 2024	193.95	190.10	195.10	190.10	0.971 times

My analysis of stock is bullish for shortterm, and stock might move up till 203.1 or till 213. Use a stoploss of 194.8 and if this stock hits its stoploss, then it can fall down till 186.52

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	178.35
Downside Target	191.20
Upside Target	207.00
Upside Target	211.00
Upside Target	217.05
Upside Target	234.15
Upside Target	242.45
Upside Target	246.10
Upside Target	251.00
Upside Target	287.60

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	191.73
Downside Intraday Target	188.02
Upside Intraday Target	198.63
Upside Intraday Target	201.82
Downside Intraday Target	194.92

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	195.45	197.00	198.10	191.20	0.657 times
12 Fri Apr 2024	202.30	209.00	211.00	200.05	0.346 times
05 Fri Apr 2024	207.50	185.00	209.25	184.80	1.08 times
28 Thu Mar 2024	181.95	192.60	194.50	180.50	1.631 times
22 Fri Mar 2024	192.65	195.50	196.30	184.00	0.346 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 Kitex Garments (KITEX)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	195.45	185.00	211.00	184.80	0.432 times
28 Thu Mar 2024	181.95	242.35	251.00	178.35	0.355 times
29 Thu Feb 2024	238.75	237.80	287.60	234.15	2.201 times
31 Wed Jan 2024	232.25	224.50	246.10	217.05	0.917 times

Scroll below to view daily charts

Price has moved up 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 Kitex Garments (KITEX)

Price action analysis of Kitex Garments ( (KITEX) ) 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 Kitex Garments ( (KITEX) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Kitex Garments ( (KITEX) ) 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 Kitex Garments stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Kitex Garments in short term but the buy signal is initial and weak.

Kitex Garments 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Kitex Garments 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 negative zone. This is the SELL zone

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

Stock of Kitex Garments is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 201.94 and Kitex Garments (KITEX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Kitex Garments (KITEX) stock. Volume based technical analysis of Kitex Garments (KITEX) stock is negative.

Kitex Garments Stock is giving positive 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.