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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 2024-12-18 View latest technical analysis

10 day averaged volume of Supreme Petrochem is 52317

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	719.15	714.05	740.00	700.00	1.621 times
17 Tue Dec 2024	710.40	726.15	734.45	705.00	1.359 times
16 Mon Dec 2024	730.80	743.00	757.50	726.00	1.353 times
13 Fri Dec 2024	753.65	749.00	767.45	734.75	1.333 times
12 Thu Dec 2024	768.80	767.80	781.70	761.55	0.317 times
11 Wed Dec 2024	774.80	773.80	780.70	757.50	0.625 times
10 Tue Dec 2024	775.75	779.00	796.85	763.20	1.16 times
09 Mon Dec 2024	773.85	762.75	789.90	760.35	1.182 times
06 Fri Dec 2024	756.75	772.50	778.85	752.10	0.804 times
05 Thu Dec 2024	766.35	767.75	776.40	760.00	0.736 times

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 705.9 as stoploss in an intra day buy trade for a target of 734.81. However, stock will show a bearish move below 705.9.

Share price targets for Supreme Petrochem (SPLPETRO)

Target Type	Value
Downside Target	669.95
Downside Target	691.95
Upside Target	725.30
Upside Target	757.50
Upside Target	778.85
Upside Target	796.85
Upside Target	804.95
Upside Target	846.30
Upside Target	878.45
Upside Target	902.00
Upside Target	910.00

Intraday share price targets for Supreme Petrochem (SPLPETRO)

Target Type	Value
Downside Intraday Target	693.6
Downside Intraday Target	668.05
Upside Intraday Target	751.1
Upside Intraday Target	783.05
Upside Intraday Target	725.55

Weekly technical analysis of Supreme Petrochem (SPLPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	719.15	743.00	757.50	700.00	0.939 times
13 Fri Dec 2024	753.65	762.75	796.85	734.75	1.023 times
06 Fri Dec 2024	756.75	714.35	778.85	705.50	2.143 times
29 Fri Nov 2024	714.35	691.95	725.90	691.95	0.891 times
22 Fri Nov 2024	690.70	686.85	704.00	669.95	0.646 times

Price has moved down 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
18 Wed Dec 2024	719.15	714.35	796.85	700.00	1.13 times
29 Fri Nov 2024	714.35	764.00	804.95	669.95	0.617 times
31 Thu Oct 2024	754.10	867.55	878.45	725.30	0.589 times
30 Mon Sep 2024	866.70	863.70	910.00	846.30	0.964 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 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 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 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 Weak 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 getting stronger in this stock.

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 747.33 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.