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 2024-08-19 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 11058

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	230.09	230.00	232.00	225.52	0.627 times
16 Fri Aug 2024	227.88	225.40	231.99	224.01	1.093 times
14 Wed Aug 2024	225.41	232.50	239.30	222.50	0.681 times
13 Tue Aug 2024	231.25	239.82	239.82	227.60	0.575 times
12 Mon Aug 2024	235.51	232.80	239.50	228.39	1.372 times
09 Fri Aug 2024	236.34	236.32	240.00	230.00	1.239 times
08 Thu Aug 2024	235.79	238.80	242.00	232.00	1.671 times
07 Wed Aug 2024	237.56	234.90	240.00	227.62	0.876 times
06 Tue Aug 2024	229.70	230.00	236.67	226.35	0.673 times
05 Mon Aug 2024	226.96	233.60	236.35	222.42	1.219 times

My analysis of stock is bearish for shortterm, and stock might move down till 226 or till 218.5. Use a stoploss of 232.15 and if the stock hits stoploss, then it can shoot up till 238.34

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	185.35
Downside Target	194.50
Downside Target	215.00
Downside Target	222.42
Upside Target	232.00
Upside Target	239.82
Upside Target	242.00
Upside Target	245.39
Upside Target	248.00
Upside Target	252.00
Upside Target	256.49
Upside Target	260.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	226.41
Downside Intraday Target	222.72
Upside Intraday Target	232.89
Upside Intraday Target	235.68
Downside Intraday Target	229.2

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	230.09	230.00	232.00	225.52	0.169 times
16 Fri Aug 2024	227.88	232.80	239.82	222.50	0.655 times
09 Fri Aug 2024	236.34	233.60	242.00	222.42	1.037 times
02 Fri Aug 2024	235.79	235.90	248.00	232.22	0.298 times
26 Fri Jul 2024	237.47	230.85	245.39	215.00	1.094 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 Reliance Chemotex (RELCHEMQ)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	230.09	240.00	242.00	222.42	0.145 times
31 Wed Jul 2024	238.77	248.35	260.00	215.00	1.03 times
28 Fri Jun 2024	244.66	213.05	256.49	194.50	1.049 times
31 Fri May 2024	209.90	226.90	240.00	197.00	0.668 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 Reliance Chemotex (RELCHEMQ)

Price action analysis of Reliance Chemotex ( (RELCHEMQ) ) 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 Reliance Chemotex ( (RELCHEMQ) ) based on a short to mid 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 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 Strong and stock is gaining momentum.

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

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 BUY signal in short term but buying 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 232.31 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.