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 2024-09-23 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 17111

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	225.54	230.50	236.50	221.20	1.876 times
20 Fri Sep 2024	229.32	223.40	234.06	223.11	1.092 times
19 Thu Sep 2024	222.28	228.20	231.98	216.51	0.938 times
18 Wed Sep 2024	227.04	230.00	232.68	225.22	0.191 times
17 Tue Sep 2024	228.75	228.21	233.00	227.70	0.456 times
16 Mon Sep 2024	228.21	229.20	240.00	225.50	2.154 times
13 Fri Sep 2024	228.00	232.70	233.95	227.00	0.566 times
12 Thu Sep 2024	231.49	229.54	233.40	225.62	0.561 times
11 Wed Sep 2024	228.48	232.90	233.95	227.50	0.641 times
10 Tue Sep 2024	234.42	234.50	241.45	227.00	2.468 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 227.2, but if it comes above 227.2, then a intra day buy could be more profitable.
If you take a sell trade below 227.2, then use 227.2 as stoploss and 221.2 as target. However if you take a buy trade in stock , then use 227.2 as stoploss and 232.11 as target.

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	194.50
Downside Target	215.00
Downside Target	221.20
Upside Target	236.50
Upside Target	240.00
Upside Target	241.45
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	218.99
Downside Intraday Target	212.45
Upside Intraday Target	234.29
Upside Intraday Target	243.05
Upside Intraday Target	227.75

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	225.54	230.50	236.50	221.20	0.388 times
20 Fri Sep 2024	229.32	229.20	240.00	216.51	0.935 times
13 Fri Sep 2024	228.00	240.00	241.45	225.62	0.962 times
06 Fri Sep 2024	238.43	235.46	247.00	223.10	2.585 times
30 Fri Aug 2024	235.46	235.44	244.39	229.70	0.666 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
23 Mon Sep 2024	225.54	235.46	247.00	216.51	1.444 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 neutral. A longer time frame might give a better analysis.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.

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 weakening, and bulls are picking up momentum!

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 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 228.93 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.