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(SILKFLEX_SM) Silkflex Polymers complete technical analysis [charts+indicators] | Buy/Sell Silkflex Polymers | (SILKFLEX_SM) share price targets

Complete technical analysis of Silkflex Polymers (SILKFLEX_SM) by charts plus indicators, forecast predictions and share price targets for Silkflex Polymers (SILKFLEX_SM)

Showing technical analysis as on 2024-10-07 View latest technical analysis

10 day averaged volume of Silkflex Polymers is 20800

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	80.75	82.05	84.55	80.75	0.673 times
04 Fri Oct 2024	85.00	85.00	85.00	84.95	0.385 times
03 Thu Oct 2024	84.85	81.00	84.85	81.00	0.481 times
01 Tue Oct 2024	84.85	85.00	85.00	82.00	0.962 times
30 Mon Sep 2024	84.55	85.00	86.00	84.55	1.827 times
27 Fri Sep 2024	89.00	89.50	89.50	86.95	1.731 times
26 Thu Sep 2024	90.00	95.90	95.90	90.00	0.481 times
25 Wed Sep 2024	92.00	91.55	92.00	88.30	0.769 times
24 Tue Sep 2024	91.50	92.65	92.65	90.00	0.962 times
23 Mon Sep 2024	92.65	99.00	99.00	92.65	1.346 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 85.6, but if it comes above 85.6, then a intra day buy could be more profitable.
If you take a sell trade below 85.6, then use 85.6 as stoploss and 76.1 as target. However if you take a buy trade in stock , then use 85.6 as stoploss and 93.59 as target.

Share price targets for Silkflex Polymers (SILKFLEX_SM)

Target Type	Value
Downside Target	46.10
Downside Target	55.00
Downside Target	74.90
Downside Target	77.00
Downside Target	80.05
Upside Target	84.25
Upside Target	91.00
Upside Target	95.90
Upside Target	98.00
Upside Target	99.00
Upside Target	110.70
Upside Target	114.50

Intraday share price targets for Silkflex Polymers (SILKFLEX_SM)

Target Type	Value
Downside Intraday Target	79.48
Downside Intraday Target	78.22
Upside Intraday Target	83.28
Upside Intraday Target	85.82
Upside Intraday Target	82.02

Weekly technical analysis of Silkflex Polymers (SILKFLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	80.75	82.05	84.55	80.75	0.184 times
04 Fri Oct 2024	85.00	85.00	86.00	81.00	0.691 times
27 Fri Sep 2024	89.00	99.00	99.00	86.95	0.556 times
20 Fri Sep 2024	97.50	111.00	114.50	95.90	0.311 times
13 Fri Sep 2024	110.70	87.75	110.70	84.25	17.667 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 Silkflex Polymers (SILKFLEX_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	80.75	85.00	85.00	80.75	0.051 times
30 Mon Sep 2024	84.55	82.65	114.50	80.05	2.232 times
30 Fri Aug 2024	84.00	91.00	91.00	77.00	0.191 times
31 Wed Jul 2024	91.50	58.90	98.00	55.00	1.449 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 Silkflex Polymers (SILKFLEX_SM)

Price action analysis of Silkflex Polymers ( (SILKFLEX_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 Silkflex Polymers ( (SILKFLEX_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 Silkflex Polymers ( (SILKFLEX_SM) ) 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 Silkflex Polymers stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Silkflex Polymers 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Silkflex Polymers in short term and SELL 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 Silkflex Polymers is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 87.85 and Silkflex Polymers (SILKFLEX_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 Silkflex Polymers (SILKFLEX_SM) stock. Volume based technical analysis of Silkflex Polymers (SILKFLEX_SM) stock is negative.

Silkflex Polymers 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.