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(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 2024-09-04 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 8296

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	233.03	238.00	238.00	228.00	1.681 times
03 Tue Sep 2024	238.12	247.00	247.00	236.00	0.774 times
02 Mon Sep 2024	238.86	235.46	242.10	233.31	2.264 times
30 Fri Aug 2024	235.46	235.50	238.99	234.00	0.455 times
29 Thu Aug 2024	239.19	239.50	242.00	234.48	1.135 times
28 Wed Aug 2024	238.28	229.70	244.39	229.70	1.311 times
27 Tue Aug 2024	231.71	236.28	236.28	230.00	0.304 times
26 Mon Aug 2024	231.86	235.44	236.30	230.15	1.082 times
23 Fri Aug 2024	235.09	238.93	240.00	231.85	0.726 times
22 Thu Aug 2024	237.95	237.70	242.00	235.22	1.043 times

My analysis of stock is bearish for shortterm, and stock might move down till 230.9 or till 226.4. Use a stoploss of 234.62 and if the stock hits stoploss, then it can shoot up till 238.35

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	194.50
Downside Target	215.00
Downside Target	222.42
Upside Target	239.82
Upside Target	242.00
Upside Target	244.39
Upside Target	245.00
Upside Target	247.00
Upside Target	256.49
Upside Target	260.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	225.02
Downside Intraday Target	217.01
Upside Intraday Target	244.02
Upside Intraday Target	255.01
Upside Intraday Target	236.01

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	233.03	235.46	247.00	228.00	1.101 times
30 Fri Aug 2024	235.46	235.44	244.39	229.70	0.666 times
23 Fri Aug 2024	235.09	230.00	245.00	225.52	1.298 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

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
04 Wed Sep 2024	233.03	235.46	247.00	228.00	0.192 times
30 Fri Aug 2024	235.46	240.00	245.00	222.42	0.242 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

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 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 Reliance Chemotex ( (RELCHEMQ) ) 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 Reliance Chemotex ( (RELCHEMQ) ) based on a mid to longer 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.

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 and the buy signal is strong.

Reliance Chemotex Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 236.47 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 positive

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