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(SETCO_BE) Setco Automotive complete technical analysis [charts+indicators] | Buy/Sell Setco Automotive | (SETCO_BE) share price targets

Complete technical analysis of Setco Automotive (SETCO_BE) by charts plus indicators, forecast predictions and share price targets for Setco Automotive (SETCO_BE)

Showing technical analysis as on 2024-05-15 View latest technical analysis

10 day averaged volume of Setco Automotive is 262151

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed May 2024	12.75	13.70	13.70	12.40	1.245 times
14 Tue May 2024	13.05	13.05	13.05	13.05	0.148 times
13 Mon May 2024	12.45	12.45	12.45	12.45	0.344 times
10 Fri May 2024	11.90	11.65	11.90	11.65	0.511 times
09 Thu May 2024	11.35	10.40	11.35	10.40	0.671 times
08 Wed May 2024	10.85	10.85	10.85	10.85	0.303 times
07 Tue May 2024	11.40	11.40	11.40	11.40	0.171 times
06 Mon May 2024	12.00	12.00	12.00	12.00	0.153 times
03 Fri May 2024	12.60	12.60	12.95	12.60	0.384 times
02 Thu May 2024	13.25	13.95	13.95	13.25	2.574 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.6, but if it comes below 12.6, then a intra day sell could be more profitable.
If you take a sell trade below 12.6, then use 12.6 as stoploss and 10.28 as target. However if you take a buy trade in stock , then use 12.6 as stoploss and 15.5 as target.

Share price targets for Setco Automotive (SETCO_BE)

Target Type	Value
Downside Target	6.80
Downside Target	7.25
Downside Target	7.70
Downside Target	8.15
Downside Target	8.80
Downside Target	9.65
Downside Target	10.40
Downside Target	12.00
Downside Target	12.40
Downside Target	12.65
Upside Target	13.70
Upside Target	13.95

Intraday share price targets for Setco Automotive (SETCO_BE)

Target Type	Value
Downside Intraday Target	12.2
Downside Intraday Target	11.65
Upside Intraday Target	13.5
Upside Intraday Target	14.25
Upside Intraday Target	12.95

Weekly technical analysis of Setco Automotive (SETCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed May 2024	12.75	12.45	13.70	12.40	0.96 times
10 Fri May 2024	11.90	12.00	12.00	10.40	0.235 times
03 Fri May 2024	12.60	13.95	13.95	12.60	2.831 times
15 Fri Mar 2024	7.35	7.95	8.15	7.25	1.134 times
07 Thu Mar 2024	7.95	8.70	8.80	7.35	2.809 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 Setco Automotive (SETCO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Wed May 2024	12.75	13.95	13.95	10.40	1.372 times
30 Tue Apr 2024	13.95	13.95	13.95	12.65	0.856 times
15 Fri Mar 2024	7.35	8.05	8.80	7.25	1.836 times
29 Thu Feb 2024	7.90	8.60	8.80	7.70	0.284 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 Setco Automotive (SETCO_BE)

Price action analysis of Setco Automotive ( (SETCO_BE) ) 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 Setco Automotive ( (SETCO_BE) ) 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 Setco Automotive ( (SETCO_BE) ) 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 Setco Automotive stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Setco Automotive in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Setco Automotive Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Setco Automotive in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Setco Automotive is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.58 and Setco Automotive (SETCO_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Setco Automotive (SETCO_BE) stock. Volume based technical analysis of Setco Automotive (SETCO_BE) stock is negative.

Setco Automotive Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.