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(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 2024-09-20 View latest technical analysis

10 day averaged volume of Supreme Petrochem is 67304

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	887.90	888.00	895.00	870.10	1.75 times
19 Thu Sep 2024	885.75	888.00	899.00	870.10	1.052 times
18 Wed Sep 2024	885.00	883.00	891.00	870.10	0.928 times
17 Tue Sep 2024	877.40	876.70	884.40	870.10	0.569 times
16 Mon Sep 2024	872.15	855.85	875.00	854.95	0.944 times
13 Fri Sep 2024	855.85	855.00	860.60	851.65	0.486 times
12 Thu Sep 2024	855.20	860.30	862.50	851.00	0.492 times
11 Wed Sep 2024	855.80	856.55	871.65	851.00	1.389 times
10 Tue Sep 2024	854.70	862.50	868.95	850.00	1.096 times
09 Mon Sep 2024	857.95	875.80	875.80	846.30	2.117 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 881.6, but if it comes below 881.6, then a intra day sell could be more profitable.
If you take a sell trade below 881.6, then use 881.6 as stoploss and 869.77 as target. However if you take a buy trade in stock , then use 881.6 as stoploss and 895.9 as target.

Share price targets for Supreme Petrochem (SPLPETRO)

Target Type	Value
Downside Target	623.85
Downside Target	645.00
Downside Target	725.00
Downside Target	749.00
Downside Target	785.00
Downside Target	820.80
Downside Target	846.30
Upside Target	899.00
Upside Target	901.00
Upside Target	902.00
Upside Target	910.00
Upside Target	926.60

Intraday share price targets for Supreme Petrochem (SPLPETRO)

Target Type	Value
Downside Intraday Target	862.23
Downside Intraday Target	836.57
Upside Intraday Target	906.28
Upside Intraday Target	924.67
Downside Intraday Target	880.62

Weekly technical analysis of Supreme Petrochem (SPLPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	887.90	855.85	899.00	854.95	0.94 times
13 Fri Sep 2024	855.85	875.80	875.80	846.30	0.841 times
06 Fri Sep 2024	875.80	863.70	910.00	855.00	1.477 times
30 Fri Aug 2024	859.70	880.00	901.00	846.70	1.093 times
23 Fri Aug 2024	870.85	872.45	902.00	861.05	0.641 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
20 Fri Sep 2024	887.90	863.70	910.00	846.30	0.662 times
30 Fri Aug 2024	859.70	857.10	902.00	785.00	0.548 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

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 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 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 moving up

CCI has generated a SELL signal for Supreme Petrochem in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 869.25 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.