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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 2024-11-08 View latest technical analysis

10 day averaged volume of Rex Pipes is 12200

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	72.50	68.80	75.60	68.80	1.475 times
07 Thu Nov 2024	72.00	72.20	72.20	72.00	0.328 times
06 Wed Nov 2024	68.85	68.85	72.45	68.85	1.311 times
05 Tue Nov 2024	72.45	72.60	72.60	72.45	1.311 times
31 Thu Oct 2024	76.25	77.75	78.00	76.25	0.82 times
30 Wed Oct 2024	75.20	75.20	75.20	75.20	0.164 times
29 Tue Oct 2024	73.80	75.00	76.00	72.00	1.311 times
28 Mon Oct 2024	75.25	75.25	75.25	75.25	0.164 times
25 Fri Oct 2024	74.00	74.65	74.85	73.00	1.148 times
24 Thu Oct 2024	73.35	75.75	79.50	72.15	2.459 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 72.7, but if it comes above 72.7, then a intra day buy could be more profitable.
If you take a sell trade below 72.7, then use 72.7 as stoploss and 68.5 as target. However if you take a buy trade in stock , then use 72.7 as stoploss and 76.21 as target.

Share price targets for Rex Pipes (REXPIPES_SM)

Target Type	Value
Downside Target	65.65
Downside Target	68.80
Downside Target	72.00
Upside Target	74.65
Upside Target	80.95
Upside Target	81.70
Upside Target	82.00
Upside Target	86.90
Upside Target	88.50
Upside Target	89.05
Upside Target	89.70
Upside Target	91.85

Intraday share price targets for Rex Pipes (REXPIPES_SM)

Target Type	Value
Downside Intraday Target	69
Downside Intraday Target	65.5
Upside Intraday Target	75.8
Upside Intraday Target	79.1
Downside Intraday Target	72.3

Weekly technical analysis of Rex Pipes (REXPIPES_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	72.50	72.60	75.60	68.80	1.8 times
31 Thu Oct 2024	76.25	75.25	78.00	72.00	0.288 times
25 Fri Oct 2024	74.00	81.65	81.70	72.15	17.333 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

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
08 Fri Nov 2024	72.50	72.60	75.60	68.80	0.243 times
31 Thu Oct 2024	76.25	89.70	89.70	72.00	1.521 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

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 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 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 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 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.

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 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 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 72.93 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.