Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-23 View latest technical analysis

10 day averaged volume of Rex Pipes is 10600

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	75.75	78.25	78.25	75.10	1.132 times
22 Tue Oct 2024	79.00	80.60	80.65	78.00	2.453 times
21 Mon Oct 2024	76.90	81.65	81.70	74.00	2.075 times
17 Thu Oct 2024	77.90	77.90	77.90	77.90	0.189 times
15 Tue Oct 2024	78.00	78.00	78.00	78.00	0.189 times
14 Mon Oct 2024	80.95	80.95	80.95	80.95	0.189 times
11 Fri Oct 2024	77.40	77.50	77.50	77.00	1.132 times
10 Thu Oct 2024	80.10	83.30	83.30	80.10	0.377 times
09 Wed Oct 2024	82.50	82.80	82.80	82.50	0.755 times
08 Tue Oct 2024	82.00	82.10	82.10	82.00	0.377 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 78.7, but if it comes above 78.7, then a intra day buy could be more profitable.
If you take a sell trade below 78.7, then use 78.7 as stoploss and 73.9 as target. However if you take a buy trade in stock , then use 78.7 as stoploss and 82.59 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
Upside 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	72.6
Downside Intraday Target	69.45
Upside Intraday Target	80.3
Upside Intraday Target	84.85
Upside Intraday Target	77.15

Weekly technical analysis of Rex Pipes (REXPIPES_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	75.75	81.65	81.70	74.00	10 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 down 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
23 Wed Oct 2024	75.75	89.70	89.70	74.00	1.014 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 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 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 gaining 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 coming down

CCI has generated a SELL signal for Rex Pipes in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 78.36 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.