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

(RELCHEMQ) Reliance Chemotex complete technical analysis [charts+indicators] | Buy/Sell Reliance Chemotex | (RELCHEMQ) share price targets

Complete technical analysis of Reliance Chemotex (RELCHEMQ) by charts plus indicators, forecast predictions and share price targets for Reliance Chemotex (RELCHEMQ)

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

10 day averaged volume of Reliance Chemotex is 111139

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	237.30	238.00	252.00	234.00	1.776 times
03 Wed Apr 2024	230.80	206.75	241.10	200.05	3.26 times
02 Tue Apr 2024	200.95	205.00	207.00	185.35	0.492 times
01 Mon Apr 2024	197.25	201.00	204.00	195.25	0.217 times
28 Thu Mar 2024	194.05	203.50	203.50	192.00	0.174 times
27 Wed Mar 2024	195.30	201.00	204.80	192.05	0.452 times
26 Tue Mar 2024	200.55	195.25	215.95	182.00	1.279 times
18 Mon Dec 2023	312.70	321.00	321.00	307.45	0.123 times
15 Fri Dec 2023	318.55	323.10	328.40	311.00	0.721 times
14 Thu Dec 2023	319.90	312.70	349.00	311.00	2.56 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 222.2 as stoploss in an intra day buy trade for a target of 268.74. However, stock will show a bearish move below 222.2.

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	182.00
Downside Target	208.00
Downside Target	215.95
Upside Target	239.00
Upside Target	252.00
Upside Target	276.50
Upside Target	287.00
Upside Target	295.35
Upside Target	298.00
Upside Target	305.00
Upside Target	321.00
Upside Target	349.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	197.77
Downside Intraday Target	158.23
Upside Intraday Target	264.42
Upside Intraday Target	291.53
Downside Intraday Target	224.88

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	237.30	201.00	252.00	185.35	2.833 times
28 Thu Mar 2024	194.05	321.00	321.00	182.00	0.411 times
15 Fri Dec 2023	318.55	304.70	349.00	298.00	1.404 times
08 Fri Dec 2023	302.60	296.00	305.00	287.00	1.576 times
01 Fri Dec 2023	285.05	283.00	295.35	276.50	0.614 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	237.30	201.00	252.00	185.35	3.016 times
28 Thu Mar 2024	194.05	195.25	215.95	182.00	0.205 times
18 Mon Dec 2023	312.70	283.80	349.00	276.50	0.488 times
30 Thu Nov 2023	282.35	239.00	295.35	239.00	2.199 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Reliance Chemotex (RELCHEMQ)

Price action analysis of Reliance Chemotex ( (RELCHEMQ) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Reliance Chemotex ( (RELCHEMQ) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Reliance Chemotex ( (RELCHEMQ) ) based on a mid to longer 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.

ADX buy sell signal for Reliance Chemotex stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Reliance Chemotex in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Reliance Chemotex 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 moving up

CCI has generated a buy signal for Reliance Chemotex 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

Stock of Reliance Chemotex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 251.6 and Reliance Chemotex (RELCHEMQ) 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 Reliance Chemotex (RELCHEMQ) stock. Volume based technical analysis of Reliance Chemotex (RELCHEMQ) stock is negative.

Reliance Chemotex 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.