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

(SPLPETRO) Supreme Petrochem complete technical analysis [charts+indicators] | Buy/Sell Supreme Petrochem | (SPLPETRO) share price targets

Complete technical analysis of Supreme Petrochem (SPLPETRO) by charts plus indicators, forecast predictions and share price targets for Supreme Petrochem (SPLPETRO)

Showing technical analysis as on 2024-08-21 View latest technical analysis

10 day averaged volume of Supreme Petrochem is 116671

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	889.25	890.25	902.00	883.00	0.487 times
20 Tue Aug 2024	890.25	899.00	899.00	876.00	0.401 times
19 Mon Aug 2024	894.65	872.45	899.00	861.05	0.908 times
16 Fri Aug 2024	859.10	843.00	860.90	826.15	0.418 times
14 Wed Aug 2024	829.05	851.95	858.15	821.15	0.716 times
13 Tue Aug 2024	849.80	876.00	888.65	845.00	2.271 times
12 Mon Aug 2024	831.10	825.50	837.00	816.95	0.292 times
09 Fri Aug 2024	816.65	822.35	842.45	800.60	2.76 times
08 Thu Aug 2024	809.45	834.40	839.00	805.00	0.212 times
07 Wed Aug 2024	824.15	795.70	833.00	795.70	1.239 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 882.3, but if it comes below 882.3, then a intra day sell could be more profitable.
If you take a sell trade below 882.3, then use 882.3 as stoploss and 852.2 as target. However if you take a buy trade in stock , then use 882.3 as stoploss and 918.5 as target.

Share price targets for Supreme Petrochem (SPLPETRO)

Target Type	Value
Downside Target	622.55
Downside Target	645.00
Downside Target	725.00
Downside Target	749.00
Downside Target	785.00
Downside Target	816.95
Downside Target	842.30
Downside Target	888.65
Upside Target	890.65
Upside Target	902.00
Upside Target	904.80
Upside Target	926.60

Intraday share price targets for Supreme Petrochem (SPLPETRO)

Target Type	Value
Downside Intraday Target	866.2
Downside Intraday Target	843.15
Upside Intraday Target	907.15
Upside Intraday Target	925.05
Downside Intraday Target	884.1

Weekly technical analysis of Supreme Petrochem (SPLPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	889.25	872.45	902.00	861.05	0.486 times
16 Fri Aug 2024	859.10	825.50	888.65	816.95	0.652 times
09 Fri Aug 2024	816.65	812.00	842.45	785.00	2.84 times
02 Fri Aug 2024	854.45	874.00	890.65	845.00	0.54 times
26 Fri Jul 2024	872.35	855.55	904.80	842.30	0.424 times

Price has moved up 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 Supreme Petrochem (SPLPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	889.25	857.10	902.00	785.00	0.434 times
31 Wed Jul 2024	857.10	769.15	926.60	749.00	1.29 times
28 Fri Jun 2024	765.15	657.25	820.80	623.85	1.611 times
31 Fri May 2024	650.20	681.90	725.00	645.00	0.946 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 Supreme Petrochem (SPLPETRO)

Price action analysis of Supreme Petrochem ( (SPLPETRO) ) based on a short 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.

Price action analysis of Supreme Petrochem ( (SPLPETRO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Supreme Petrochem ( (SPLPETRO) ) 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 Supreme Petrochem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Supreme Petrochem in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Supreme Petrochem 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Supreme Petrochem in short term and BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Supreme Petrochem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 842.37 and Supreme Petrochem (SPLPETRO) 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 Supreme Petrochem (SPLPETRO) stock. Volume based technical analysis of Supreme Petrochem (SPLPETRO) stock is negative.

Supreme Petrochem 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.