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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 2024-10-22 View latest technical analysis

10 day averaged volume of Rex Pipes is 8800

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	79.00	80.60	80.65	78.00	2.955 times
21 Mon Oct 2024	76.90	81.65	81.70	74.00	2.5 times
17 Thu Oct 2024	77.90	77.90	77.90	77.90	0.227 times
15 Tue Oct 2024	78.00	78.00	78.00	78.00	0.227 times
14 Mon Oct 2024	80.95	80.95	80.95	80.95	0.227 times
11 Fri Oct 2024	77.40	77.50	77.50	77.00	1.364 times
10 Thu Oct 2024	80.10	83.30	83.30	80.10	0.455 times
09 Wed Oct 2024	82.50	82.80	82.80	82.50	0.909 times
08 Tue Oct 2024	82.00	82.10	82.10	82.00	0.455 times
07 Mon Oct 2024	84.75	81.30	86.90	81.30	2.727 times

Stock of Rex Pipes (REXPIPES_SM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 79.4, but if it comes above 79.4, then a intra day buy could be more profitable.
If you take a sell trade below 79.4, then use 79.4 as stoploss and 74.9 as target. However if you take a buy trade in stock , then use 79.4 as stoploss and 83.18 as target.

Share price targets for Rex Pipes (REXPIPES_SM)

Target Type	Value
Downside Target	64.15
Downside Target	65.65
Downside Target	74.00
Downside Target	76.95
Upside Target	80.95
Upside Target	86.90
Upside Target	88.50
Upside Target	89.05
Upside Target	89.70
Upside Target	89.80
Upside Target	91.85

Intraday share price targets for Rex Pipes (REXPIPES_SM)

Target Type	Value
Downside Intraday Target	74.77
Downside Intraday Target	70.53
Upside Intraday Target	82.47
Upside Intraday Target	85.93
Downside Intraday Target	78.23

Weekly technical analysis of Rex Pipes (REXPIPES_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	79.00	81.65	81.70	74.00	8 times
17 Thu Oct 2024	77.90	80.95	80.95	77.90	0.115 times
11 Fri Oct 2024	77.40	81.30	86.90	77.00	1.625 times
04 Fri Oct 2024	85.50	87.00	89.70	82.50	0.842 times
27 Fri Sep 2024	84.50	88.00	89.80	83.60	1.357 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Rex Pipes (REXPIPES_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	79.00	89.70	89.70	74.00	0.932 times
30 Mon Sep 2024	87.00	85.00	91.85	82.00	0.973 times
30 Fri Aug 2024	85.00	76.45	88.50	74.65	0.405 times
31 Wed Jul 2024	76.45	65.65	89.05	65.65	3.7 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 Rex Pipes (REXPIPES_SM)

Price action analysis of Rex Pipes ( (REXPIPES_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Rex Pipes ( (REXPIPES_SM) ) 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 Rex Pipes ( (REXPIPES_SM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Rex Pipes stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Rex Pipes in short term and the sell signal is strong.

Rex Pipes 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 Rex Pipes in short term but BUY 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 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 80.1 and Rex Pipes (REXPIPES_SM) 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 Rex Pipes (REXPIPES_SM) stock. Volume based technical analysis of Rex Pipes (REXPIPES_SM) stock is negative.

Rex Pipes 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.