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(REXPIPES_SM) Rex Pipes complete technical analysis [charts+indicators] | Buy/Sell Rex Pipes | (REXPIPES_SM) share price targets

Complete technical analysis of Rex Pipes (REXPIPES_SM) by charts plus indicators, forecast predictions and share price targets for Rex Pipes (REXPIPES_SM)

Showing technical analysis as on 2024-04-18 View latest technical analysis

10 day averaged volume of Rex Pipes is 13200

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	70.55	69.55	70.55	69.55	0.909 times
16 Tue Apr 2024	67.20	66.25	67.20	66.25	0.606 times
15 Mon Apr 2024	64.00	66.10	66.10	62.60	0.455 times
12 Fri Apr 2024	64.00	67.05	67.95	64.00	1.97 times
10 Wed Apr 2024	64.75	63.50	64.75	63.50	1.061 times
09 Tue Apr 2024	61.70	61.50	62.45	60.60	1.818 times
08 Mon Apr 2024	59.50	58.60	59.50	58.55	0.758 times
04 Thu Apr 2024	61.60	55.85	61.60	55.85	0.606 times
28 Thu Mar 2024	58.70	54.00	58.70	54.00	1.364 times
27 Wed Mar 2024	55.95	55.95	55.95	55.95	0.758 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 71, for a target of 66.6 or 63.04

Share price targets for Rex Pipes (REXPIPES_SM)

Target Type	Value
Downside Target	54.00
Downside Target	55.85
Downside Target	58.55
Downside Target	61.60
Downside Target	66.70
Downside Target	68.65
Downside Target	70.55
Upside Target	74.50
Upside Target	79.50
Upside Target	79.90
Upside Target	82.50

Intraday share price targets for Rex Pipes (REXPIPES_SM)

Target Type	Value
Downside Intraday Target	65.25
Downside Intraday Target	59.95
Upside Intraday Target	73.2
Upside Intraday Target	75.85
Downside Intraday Target	67.9

Weekly technical analysis of Rex Pipes (REXPIPES_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	70.55	66.10	70.55	62.60	0.351 times
12 Fri Apr 2024	64.00	58.60	67.95	58.55	9.25 times
04 Thu Apr 2024	61.60	55.85	61.60	55.85	0.222 times
28 Thu Mar 2024	58.70	59.00	59.00	54.00	0.72 times
22 Fri Mar 2024	62.00	60.40	62.00	58.95	1.667 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 Rex Pipes (REXPIPES_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	70.55	55.85	70.55	55.85	0.871 times
28 Thu Mar 2024	58.70	74.50	74.50	54.00	1.476 times
29 Thu Feb 2024	74.50	77.60	79.50	68.65	0.792 times
31 Wed Jan 2024	79.50	70.00	82.50	68.60	2.304 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 Rex Pipes (REXPIPES_SM)

Price action analysis of Rex Pipes ( (REXPIPES_SM) ) 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 Rex Pipes ( (REXPIPES_SM) ) 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 Rex Pipes ( (REXPIPES_SM) ) 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 Rex Pipes stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Rex Pipes 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.

Rex Pipes 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Rex Pipes in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Rex Pipes is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 62.67 and Rex Pipes (REXPIPES_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Rex Pipes (REXPIPES_SM) stock. Volume based technical analysis of Rex Pipes (REXPIPES_SM) stock is negative.

Rex Pipes Stock is giving positive 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.