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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 2024-10-22 View latest technical analysis

10 day averaged volume of Supreme Petrochem is 49927

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	784.00	778.05	790.00	750.45	2.329 times
21 Mon Oct 2024	788.10	780.00	794.40	775.60	1.208 times
18 Fri Oct 2024	780.30	773.05	789.55	760.00	0.812 times
17 Thu Oct 2024	774.05	803.25	803.25	772.00	0.663 times
16 Wed Oct 2024	797.40	782.90	810.00	769.25	1.459 times
15 Tue Oct 2024	779.90	781.80	784.15	776.10	0.306 times
14 Mon Oct 2024	778.35	795.65	795.65	776.85	0.418 times
11 Fri Oct 2024	789.40	792.00	800.50	785.00	0.524 times
10 Thu Oct 2024	797.30	775.05	810.00	775.05	1.072 times
09 Wed Oct 2024	784.25	767.50	794.40	763.00	0.893 times

Stock of Supreme Petrochem (SPLPETRO) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 774.1 as stoploss in an intra day buy trade for a target of 814.53. However, stock will show a bearish move below 774.1.

Share price targets for Supreme Petrochem (SPLPETRO)

Target Type	Value
Downside Target	623.85
Downside Target	749.00
Upside Target	785.00
Upside Target	846.30
Upside Target	860.00
Upside Target	878.45
Upside Target	885.10
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	758.17
Downside Intraday Target	732.33
Upside Intraday Target	802.12
Upside Intraday Target	820.23
Downside Intraday Target	776.28

Weekly technical analysis of Supreme Petrochem (SPLPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	784.00	780.00	794.40	750.45	0.967 times
18 Fri Oct 2024	780.30	795.65	810.00	760.00	0.603 times
11 Fri Oct 2024	789.40	828.80	830.80	759.50	1.862 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

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
22 Tue Oct 2024	784.00	867.55	878.45	750.45	0.452 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 gaining momentum.

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

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

Supreme Petrochem 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 weakening, and bulls are picking up momentum!

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 Supreme Petrochem in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 786.95 and Supreme Petrochem (SPLPETRO) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.