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(REFEX_BE) Refex Industries complete technical analysis [charts+indicators] | Buy/Sell Refex Industries | (REFEX_BE) share price targets

Complete technical analysis of Refex Industries (REFEX_BE) by charts plus indicators, forecast predictions and share price targets for Refex Industries (REFEX_BE)

Showing technical analysis as on 2024-11-21 View latest technical analysis

10 day averaged volume of Refex Industries is 249624

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	472.60	481.95	481.95	464.00	0.871 times
19 Tue Nov 2024	481.95	494.85	499.00	479.10	0.445 times
18 Mon Nov 2024	489.10	499.00	499.00	476.60	0.619 times
14 Thu Nov 2024	493.15	486.05	505.00	480.00	0.826 times
13 Wed Nov 2024	487.10	504.00	517.00	486.70	1.007 times
12 Tue Nov 2024	512.30	520.00	529.00	510.00	0.924 times
11 Mon Nov 2024	518.65	529.80	529.80	508.00	0.889 times
08 Fri Nov 2024	522.40	522.00	534.80	505.00	1.163 times
07 Thu Nov 2024	518.85	504.90	525.00	504.90	2.122 times
06 Wed Nov 2024	503.25	480.00	503.25	475.10	1.688 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 472.2 as stoploss in an intra day buy trade for a target of 489.17. However, stock will show a bearish move below 472.2.

Share price targets for Refex Industries (REFEX_BE)

Target Type	Value
Downside Target	50.75
Downside Target	56.20
Downside Target	77.90
Downside Target	89.85
Downside Target	133.55
Downside Target	439.65
Downside Target	452.10
Downside Target	464.00
Upside Target	474.00
Upside Target	498.90
Upside Target	508.00
Upside Target	529.80
Upside Target	534.80
Upside Target	559.90

Intraday share price targets for Refex Industries (REFEX_BE)

Target Type	Value
Downside Intraday Target	458.07
Downside Intraday Target	443.53
Upside Intraday Target	493.07
Upside Intraday Target	513.53
Upside Intraday Target	478.53

Weekly technical analysis of Refex Industries (REFEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	472.60	499.00	499.00	464.00	0.531 times
14 Thu Nov 2024	493.15	529.80	529.80	480.00	0.635 times
08 Fri Nov 2024	522.40	496.00	534.80	474.00	1.947 times
01 Fri Nov 2024	492.15	447.00	498.90	439.65	0.45 times
25 Fri Oct 2024	462.75	484.15	508.00	452.10	1.66 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 Refex Industries (REFEX_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	472.60	493.90	534.80	464.00	0.586 times
31 Thu Oct 2024	487.15	559.90	559.90	439.65	7.332 times
16 Mon Sep 2019	77.90	53.55	77.90	50.75	0.586 times
30 Fri Aug 2019	56.20	89.85	89.85	56.20	0.498 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 Refex Industries (REFEX_BE)

Price action analysis of Refex Industries ( (REFEX_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 Refex Industries ( (REFEX_BE) ) based on a short to mid 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.

Price action analysis of Refex Industries ( (REFEX_BE) ) 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 Refex Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Refex Industries 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 coming down

CCI has generated a SELL signal for Refex Industries 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 negative zone. This is the SELL zone

Stock of Refex Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 504 and Refex Industries (REFEX_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 Refex Industries (REFEX_BE) stock. Volume based technical analysis of Refex Industries (REFEX_BE) stock is negative.

Refex Industries 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.