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

(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 2024-05-29 View latest technical analysis

10 day averaged volume of Kitex Garments is 225254

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	204.95	203.00	206.40	201.30	0.411 times
28 Tue May 2024	204.80	207.40	208.70	204.35	0.311 times
27 Mon May 2024	207.40	216.00	216.00	205.55	0.767 times
24 Fri May 2024	210.50	211.50	215.95	208.35	0.571 times
23 Thu May 2024	211.50	218.65	218.65	211.00	0.905 times
22 Wed May 2024	218.65	221.90	228.85	216.35	1.088 times
21 Tue May 2024	220.20	225.00	228.55	218.35	3.52 times
18 Sat May 2024	213.70	215.50	216.00	211.00	0.29 times
17 Fri May 2024	213.35	211.00	216.00	208.35	1.157 times
16 Thu May 2024	209.20	211.00	212.10	206.80	0.729 times

My analysis of stock is bearish for shortterm, and stock might move down till 200.9 or till 193.5. Use a stoploss of 207.06 and if the stock hits stoploss, then it can shoot up till 213.21

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	178.35
Downside Target	184.80
Downside Target	194.00
Downside Target	201.30
Upside Target	208.35
Upside Target	217.05
Upside Target	228.85
Upside Target	234.15
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	198.83
Downside Intraday Target	192.72
Upside Intraday Target	213.53
Upside Intraday Target	222.12
Upside Intraday Target	207.42

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	204.95	216.00	216.00	201.30	0.245 times
24 Fri May 2024	210.50	225.00	228.85	208.35	1.717 times
18 Sat May 2024	213.70	199.75	216.00	194.00	1.681 times
10 Fri May 2024	199.25	206.30	209.05	196.35	0.847 times
03 Fri May 2024	205.45	205.75	214.00	201.55	0.905 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
29 Wed May 2024	204.95	204.40	228.85	194.00	0.977 times
30 Tue Apr 2024	203.50	185.00	211.00	184.80	0.622 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

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 Weak and stock is losing momentum.

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

Kitex Garments 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Kitex Garments 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 214.68 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 has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.