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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 2024-06-12 View latest technical analysis

10 day averaged volume of Setco Automotive is 28517

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	9.71	9.89	9.89	9.71	2.944 times
11 Tue Jun 2024	9.89	10.10	10.10	9.89	0.777 times
10 Mon Jun 2024	10.10	10.24	10.24	10.10	0.512 times
07 Fri Jun 2024	10.25	10.30	10.30	10.15	0.786 times
06 Thu Jun 2024	10.30	10.50	10.50	10.30	1.053 times
05 Wed Jun 2024	10.50	10.50	10.50	10.50	0.912 times
04 Tue Jun 2024	10.70	10.70	10.90	10.70	1.487 times
03 Mon Jun 2024	10.90	10.90	10.90	10.90	0.929 times
31 Fri May 2024	10.70	10.70	10.70	10.70	2.112 times
30 Thu May 2024	10.50	10.65	10.65	10.50	0.773 times

Stock of Setco Automotive (SETCO_BE) has showed a significant fall. This could be a good time to exit from 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 10.2, but if it comes above 10.2, then a intra day buy could be more profitable.
If you take a sell trade below 10.2, then use 10.2 as stoploss and 9.3 as target. However if you take a buy trade in stock , then use 10.2 as stoploss and 10.95 as target.

Share price targets for Setco Automotive (SETCO_BE)

Target Type	Value
Downside Target	7.25
Downside Target	7.70
Downside Target	8.80
Downside Target	9.71
Upside Target	10.15
Upside Target	10.90
Upside Target	11.20
Upside Target	11.80
Upside Target	12.00
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	9.53
Downside Intraday Target	9.36
Upside Intraday Target	10.06
Upside Intraday Target	10.42
Upside Intraday Target	9.89

Weekly technical analysis of Setco Automotive (SETCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	9.71	10.24	10.24	9.71	0.819 times
07 Fri Jun 2024	10.25	10.90	10.90	10.15	0.848 times
31 Fri May 2024	10.70	11.00	11.00	10.50	1.334 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

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
12 Wed Jun 2024	9.71	10.90	10.90	9.71	0.127 times
31 Fri May 2024	10.70	13.95	13.95	10.40	1.692 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

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 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 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 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 Strong and stock is gaining momentum.

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

Setco Automotive Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.31 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 negative.

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