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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 2024-05-29 View latest technical analysis

10 day averaged volume of Setco Automotive is 62290

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	10.70	10.70	10.70	10.70	0.302 times
28 Tue May 2024	10.90	10.85	10.90	10.80	1.018 times
27 Mon May 2024	11.00	11.00	11.00	11.00	0.149 times
24 Fri May 2024	11.20	11.40	11.40	11.20	0.438 times
23 Thu May 2024	11.40	11.40	11.40	11.40	0.388 times
22 Wed May 2024	11.60	11.60	11.60	11.60	0.992 times
21 Tue May 2024	11.80	11.80	11.80	11.80	0.273 times
18 Sat May 2024	12.00	12.00	12.00	12.00	0.062 times
17 Fri May 2024	12.25	12.25	12.25	12.25	0.675 times
16 Thu May 2024	12.50	12.50	12.50	12.50	0.765 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.1, but if it comes above 11.1, then a intra day buy could be more profitable.
If you take a sell trade below 11.1, then use 11.1 as stoploss and 10.2 as target. However if you take a buy trade in stock , then use 11.1 as stoploss and 11.85 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	8.80
Downside Target	9.65
Downside Target	10.40
Downside Target	10.70
Upside Target	11.00
Upside Target	11.80
Upside Target	12.60
Upside 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	10.6
Downside Intraday Target	10.5
Upside Intraday Target	10.9
Upside Intraday Target	11.1
Upside Intraday Target	10.8

Weekly technical analysis of Setco Automotive (SETCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	10.70	11.00	11.00	10.70	0.702 times
24 Fri May 2024	11.20	11.80	11.80	11.20	0.237 times
18 Sat May 2024	12.00	12.45	13.70	12.00	1.158 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

Price has moved down 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
29 Wed May 2024	10.70	13.95	13.95	10.40	1.626 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, and volume has increased substantially. This means that the move can 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 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 Setco Automotive ( (SETCO_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Setco Automotive ( (SETCO_BE) ) 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 Setco Automotive stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Setco Automotive in short term but the sell signal is initial and weak.

Setco Automotive 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Setco Automotive in short term and SELL signal is strong!

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 11.58 and Setco Automotive (SETCO_BE) 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 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.