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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 2024-12-16 View latest technical analysis

10 day averaged volume of Refex Industries is 169659

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	520.50	519.60	535.00	519.00	0.53 times
13 Fri Dec 2024	519.60	522.05	525.70	512.75	0.545 times
12 Thu Dec 2024	525.60	545.00	547.00	520.00	0.824 times
11 Wed Dec 2024	536.95	547.95	548.95	531.05	0.582 times
10 Tue Dec 2024	547.10	555.00	555.00	533.05	0.522 times
09 Mon Dec 2024	546.00	560.00	563.00	540.00	0.757 times
06 Fri Dec 2024	551.65	532.00	557.00	532.00	0.645 times
05 Thu Dec 2024	538.55	546.00	546.00	525.05	0.712 times
04 Wed Dec 2024	547.35	563.00	563.00	535.30	1.474 times
03 Tue Dec 2024	563.45	557.00	572.00	555.00	2.674 times

My analysis of stock is bullish for shortterm, and stock might move up till 546.1 or till 584.5. Use a stoploss of 514.22 and if this stock hits its stoploss, then it can fall down till 482.3

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	439.65
Downside Target	464.00
Downside Target	499.00
Downside Target	512.75
Upside Target	534.80
Upside Target	535.00
Upside Target	559.90
Upside Target	563.00
Upside Target	572.00

Intraday share price targets for Refex Industries (REFEX_BE)

Target Type	Value
Downside Intraday Target	514.67
Downside Intraday Target	508.83
Upside Intraday Target	530.67
Upside Intraday Target	540.83
Upside Intraday Target	524.83

Weekly technical analysis of Refex Industries (REFEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	520.50	519.60	535.00	519.00	0.164 times
13 Fri Dec 2024	519.60	560.00	563.00	512.75	0.477 times
06 Fri Dec 2024	551.65	533.00	572.00	522.00	0.739 times
29 Fri Nov 2024	518.90	465.00	518.90	465.00	2.625 times
22 Fri Nov 2024	470.40	499.00	499.00	464.00	0.651 times

Price has moved up 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
16 Mon Dec 2024	520.50	533.00	572.00	512.75	0.392 times
29 Fri Nov 2024	518.90	493.90	534.80	464.00	0.924 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

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 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 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 Refex Industries ( (REFEX_BE) ) 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 Refex Industries stock for short term is BUY. Signal strength is Weak and stock is gaining 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 moving up

CCI has generated a buy signal for Refex Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 545.74 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 positive

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