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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 2024-10-04 View latest technical analysis

10 day averaged volume of Setco Automotive is 89445

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	12.68	12.68	12.68	12.68	0.529 times
03 Thu Oct 2024	12.44	12.44	12.44	12.44	1.861 times
01 Tue Oct 2024	12.20	12.20	12.20	12.20	1.227 times
30 Mon Sep 2024	11.97	11.97	11.97	11.97	2.292 times
27 Fri Sep 2024	11.74	11.74	11.74	11.74	2.074 times
26 Thu Sep 2024	11.51	11.65	11.65	11.51	0.244 times
25 Wed Sep 2024	11.75	11.75	11.75	11.75	0.224 times
24 Tue Sep 2024	11.99	11.99	11.99	11.76	0.66 times
23 Mon Sep 2024	11.76	11.80	11.80	11.76	0.427 times
20 Fri Sep 2024	12.00	12.05	12.05	12.00	0.14 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.5, but if it comes below 12.5, then a intra day sell could be more profitable.
If you take a sell trade below 12.5, then use 12.5 as stoploss and 12.17 as target. However if you take a buy trade in stock , then use 12.5 as stoploss and 12.8 as target.

Share price targets for Setco Automotive (SETCO_BE)

Target Type	Value
Downside Target	9.71
Downside Target	11.03
Downside Target	11.51
Downside Target	11.78
Downside Target	12.61
Downside Target	12.68
Upside Target	13.24
Upside Target	13.52
Upside Target	14.60
Upside Target	15.82

Intraday share price targets for Setco Automotive (SETCO_BE)

Target Type	Value
Downside Intraday Target	12.21
Downside Intraday Target	11.73
Upside Intraday Target	12.92
Upside Intraday Target	13.15
Downside Intraday Target	12.44

Weekly technical analysis of Setco Automotive (SETCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	12.68	11.97	12.68	11.97	1.628 times
27 Fri Sep 2024	11.74	11.80	11.99	11.51	1.047 times
20 Fri Sep 2024	12.00	12.15	12.35	12.00	2.226 times
13 Fri Sep 2024	12.37	12.61	12.61	12.05	0.53 times
06 Fri Sep 2024	12.61	13.46	13.52	12.61	0.405 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Setco Automotive (SETCO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	12.68	12.20	12.68	12.20	0.261 times
30 Mon Sep 2024	11.97	13.46	13.52	11.51	0.541 times
30 Fri Aug 2024	13.71	13.00	14.60	11.03	0.488 times
31 Wed Jul 2024	12.75	11.78	15.82	11.78	3.058 times

Scroll below to view daily charts

Price has moved up 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 neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Setco Automotive in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 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 12.05 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 rising upwards.

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 is giving positive 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.