Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SPIC) Southern Petrochemicals complete technical analysis [charts+indicators] | Buy/Sell Southern Petrochemicals | (SPIC) share price targets

Complete technical analysis of Southern Petrochemicals (SPIC) by charts plus indicators, forecast predictions and share price targets for Southern Petrochemicals (SPIC)

Showing technical analysis as on 2024-12-19 View latest technical analysis

10 day averaged volume of Southern Petrochemicals is 732780

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	76.31	76.00	77.12	75.60	0.454 times
18 Wed Dec 2024	77.74	79.50	79.75	77.15	0.778 times
17 Tue Dec 2024	79.25	78.59	81.56	78.20	3.225 times
16 Mon Dec 2024	77.43	75.70	78.22	75.69	0.842 times
13 Fri Dec 2024	75.43	76.61	76.68	75.00	0.444 times
12 Thu Dec 2024	76.59	77.81	78.42	76.40	0.465 times
11 Wed Dec 2024	77.81	78.01	78.57	77.45	0.762 times
10 Tue Dec 2024	78.01	77.20	79.42	77.01	0.92 times
09 Mon Dec 2024	77.09	77.90	78.22	76.92	0.524 times
06 Fri Dec 2024	77.92	78.25	78.74	77.33	0.684 times

My analysis of stock is bearish for shortterm, and stock might move down till 74.9 or till 72.8. Use a stoploss of 76.62 and if the stock hits stoploss, then it can shoot up till 78.35

Share price targets for Southern Petrochemicals (SPIC)

Target Type	Value
Downside Target	70.23
Downside Target	71.75
Downside Target	74.50
Upside Target	78.41
Upside Target	80.44
Upside Target	81.56
Upside Target	81.60
Upside Target	83.78
Upside Target	88.65
Upside Target	95.20
Upside Target	96.63

Intraday share price targets for Southern Petrochemicals (SPIC)

Target Type	Value
Downside Intraday Target	74.09
Downside Intraday Target	71.86
Upside Intraday Target	80.05
Upside Intraday Target	83.78
Upside Intraday Target	77.82

Weekly technical analysis of Southern Petrochemicals (SPIC)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	76.31	75.70	81.56	75.60	1.701 times
13 Fri Dec 2024	75.43	77.90	79.42	75.00	0.93 times
06 Fri Dec 2024	77.92	77.60	80.44	76.59	0.919 times
29 Fri Nov 2024	77.54	73.05	78.41	73.00	1.363 times
22 Fri Nov 2024	72.22	73.60	74.50	70.23	1.13 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 Southern Petrochemicals (SPIC)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	76.31	77.60	81.56	75.00	0.958 times
29 Fri Nov 2024	77.54	80.38	83.78	70.23	0.625 times
31 Thu Oct 2024	79.76	85.80	88.65	71.75	0.378 times
30 Mon Sep 2024	85.85	87.97	96.63	81.60	0.765 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 Southern Petrochemicals (SPIC)

Price action analysis of Southern Petrochemicals ( (SPIC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Southern Petrochemicals ( (SPIC) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Southern Petrochemicals ( (SPIC) ) 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 Southern Petrochemicals stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Southern Petrochemicals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Southern Petrochemicals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Southern Petrochemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 78.01 and Southern Petrochemicals (SPIC) 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 Southern Petrochemicals (SPIC) stock. Volume based technical analysis of Southern Petrochemicals (SPIC) stock is negative.

Southern Petrochemicals 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.