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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 2024-10-10 View latest technical analysis

10 day averaged volume of Supreme Petrochem is 53109

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	797.30	775.05	810.00	775.05	1.007 times
09 Wed Oct 2024	784.25	767.50	794.40	763.00	0.839 times
08 Tue Oct 2024	763.40	775.00	782.90	759.50	2.487 times
07 Mon Oct 2024	781.80	828.80	830.80	776.00	0.879 times
04 Fri Oct 2024	828.80	842.10	848.00	825.15	0.613 times
03 Thu Oct 2024	837.10	872.00	878.45	832.55	0.974 times
01 Tue Oct 2024	872.00	867.55	875.45	864.80	0.507 times
30 Mon Sep 2024	866.70	880.90	885.10	863.05	0.97 times
27 Fri Sep 2024	875.00	874.75	882.75	869.65	0.988 times
26 Thu Sep 2024	866.60	877.35	883.50	864.60	0.761 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 812.7, but if it comes above 812.7, then a intra day buy could be more profitable.
If you take a sell trade below 812.7, then use 812.7 as stoploss and 767.7 as target. However if you take a buy trade in stock , then use 812.7 as stoploss and 850.24 as target.

Share price targets for Supreme Petrochem (SPLPETRO)

Target Type	Value
Downside Target	623.85
Downside Target	749.00
Downside Target	785.00
Upside Target	820.80
Upside Target	875.80
Upside Target	878.45
Upside Target	885.10
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	760.93
Downside Intraday Target	724.57
Upside Intraday Target	832.23
Upside Intraday Target	867.17
Downside Intraday Target	795.87

Weekly technical analysis of Supreme Petrochem (SPLPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	797.30	828.80	830.80	759.50	1.701 times
04 Fri Oct 2024	828.80	880.90	885.10	825.15	0.335 times
27 Fri Sep 2024	875.00	899.50	901.00	860.00	1.376 times
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

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

Monthly technical analysis of Supreme Petrochem (SPLPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	797.30	867.55	878.45	759.50	0.227 times
30 Mon Sep 2024	866.70	863.70	910.00	846.30	0.964 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

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 Supreme Petrochem (SPLPETRO)

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

MACD generated a SELL signal for Supreme Petrochem in short term and the sell signal is strong.

Supreme Petrochem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a SELL signal in short term but selling 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 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 815.64 and Supreme Petrochem (SPLPETRO) 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 Supreme Petrochem (SPLPETRO) stock. Volume based technical analysis of Supreme Petrochem (SPLPETRO) stock is negative.

Supreme Petrochem 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.