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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 2024-12-20 View latest technical analysis

10 day averaged volume of Supreme Petrochem is 55089

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	709.80	706.90	718.70	696.80	0.847 times
19 Thu Dec 2024	703.15	718.70	722.15	697.55	0.738 times
18 Wed Dec 2024	719.15	714.05	740.00	700.00	1.539 times
17 Tue Dec 2024	710.40	726.15	734.45	705.00	1.291 times
16 Mon Dec 2024	730.80	743.00	757.50	726.00	1.285 times
13 Fri Dec 2024	753.65	749.00	767.45	734.75	1.266 times
12 Thu Dec 2024	768.80	767.80	781.70	761.55	0.301 times
11 Wed Dec 2024	774.80	773.80	780.70	757.50	0.594 times
10 Tue Dec 2024	775.75	779.00	796.85	763.20	1.101 times
09 Mon Dec 2024	773.85	762.75	789.90	760.35	1.122 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 710.2, but if it comes above 710.2, then a intra day buy could be more profitable.
If you take a sell trade below 710.2, then use 710.2 as stoploss and 678.5 as target. However if you take a buy trade in stock , then use 710.2 as stoploss and 736.64 as target.

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	685.23
Downside Intraday Target	660.67
Upside Intraday Target	745.93
Upside Intraday Target	782.07
Upside Intraday Target	721.37

Weekly technical analysis of Supreme Petrochem (SPLPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	709.80	743.00	757.50	696.80	1.3 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
20 Fri Dec 2024	709.80	714.35	796.85	696.80	1.27 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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.

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 738.92 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.