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 2024-06-12 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 20474

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	211.35	212.00	215.13	210.47	0.454 times
11 Tue Jun 2024	211.48	215.90	215.90	210.00	0.37 times
10 Mon Jun 2024	211.96	215.80	217.85	210.00	0.378 times
07 Fri Jun 2024	211.55	213.90	213.95	205.30	0.737 times
06 Thu Jun 2024	208.60	206.60	214.95	202.70	0.894 times
05 Wed Jun 2024	202.50	198.80	208.95	198.80	1.011 times
04 Tue Jun 2024	198.75	212.90	218.00	194.50	1.372 times
03 Mon Jun 2024	212.90	213.05	218.00	209.95	1.285 times
31 Fri May 2024	209.90	214.90	214.90	205.50	1.095 times
30 Thu May 2024	209.25	213.30	213.30	208.40	0.439 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 213 as stoploss in an intra day sell trade for a target of 207.52. However, stock will show a bullish move above 213.

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	182.00
Downside Target	194.50
Downside Target	202.55
Downside Target	210.00
Upside Target	214.85
Upside Target	218.00
Upside Target	220.00
Upside Target	240.00
Upside Target	252.00
Upside Target	276.50
Upside Target	349.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	208.28
Downside Intraday Target	205.22
Upside Intraday Target	216.13
Upside Intraday Target	220.92
Upside Intraday Target	213.07

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	211.35	215.80	217.85	210.00	0.227 times
07 Fri Jun 2024	211.55	213.05	218.00	194.50	0.667 times
31 Fri May 2024	209.90	220.00	220.00	202.55	0.375 times
24 Fri May 2024	216.00	205.45	240.00	197.00	4.87 times
18 Sat May 2024	201.65	213.00	214.85	197.00	1.177 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 Reliance Chemotex (RELCHEMQ)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	211.35	213.05	218.00	194.50	0.17 times
31 Fri May 2024	209.90	226.90	240.00	197.00	0.668 times
30 Tue Apr 2024	226.90	201.00	252.00	185.35	5.525 times
28 Thu Mar 2024	194.05	195.25	215.95	182.00	0.205 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 Reliance Chemotex (RELCHEMQ)

Price action analysis of Reliance Chemotex ( (RELCHEMQ) ) based on a short 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 Reliance Chemotex ( (RELCHEMQ) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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

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

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

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

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Reliance Chemotex in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 Reliance Chemotex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 207.77 and Reliance Chemotex (RELCHEMQ) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.