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(STLTECH) Sterlite Technologies complete technical analysis [charts+indicators] | Buy/Sell Sterlite Technologies | (STLTECH) share price targets

Complete technical analysis of Sterlite Technologies (STLTECH) by charts plus indicators, forecast predictions and share price targets for Sterlite Technologies (STLTECH)

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Sterlite Technologies is 1739155

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	126.55	124.60	127.00	123.05	0.835 times
30 Thu May 2024	124.05	125.85	126.20	123.45	0.435 times
29 Wed May 2024	125.20	126.40	127.45	124.90	0.507 times
28 Tue May 2024	126.60	128.00	128.50	125.05	0.797 times
27 Mon May 2024	127.65	127.00	130.15	126.45	0.803 times
24 Fri May 2024	126.35	129.10	130.90	125.70	1.776 times
23 Thu May 2024	129.90	131.00	131.70	129.60	0.671 times
22 Wed May 2024	130.45	133.50	135.20	129.05	1.765 times
21 Tue May 2024	132.15	129.60	132.70	127.30	2.115 times
18 Sat May 2024	128.50	128.50	129.00	127.50	0.162 times

My analysis of stock is bearish for shortterm, and stock might move down till 122.7 or till 118. Use a stoploss of 126.6 and if the stock hits stoploss, then it can shoot up till 130.51

Share price targets for Sterlite Technologies (STLTECH)

Target Type	Value
Downside Target	110.10
Downside Target	115.00
Downside Target	118.05
Downside Target	123.05
Downside Target	125.70
Upside Target	128.75
Upside Target	140.60
Upside Target	142.35
Upside Target	142.50
Upside Target	146.40
Upside Target	151.00
Upside Target	152.50

Intraday share price targets for Sterlite Technologies (STLTECH)

Target Type	Value
Downside Intraday Target	123.02
Downside Intraday Target	119.48
Upside Intraday Target	130.12
Upside Intraday Target	133.68
Upside Intraday Target	126.58

Weekly technical analysis of Sterlite Technologies (STLTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	126.55	127.00	130.15	123.05	0.534 times
24 Fri May 2024	126.35	129.60	135.20	125.70	1.168 times
18 Sat May 2024	128.50	121.50	129.00	118.05	0.385 times
10 Fri May 2024	121.55	140.25	140.60	115.00	1.21 times
03 Fri May 2024	139.05	136.30	142.35	134.35	0.522 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 Sterlite Technologies (STLTECH)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	126.55	138.80	142.35	115.00	0.346 times
30 Tue Apr 2024	137.50	112.00	146.40	112.00	5.133 times
28 Thu Mar 2024	110.80	137.90	142.50	110.10	0.689 times
29 Thu Feb 2024	136.90	144.90	151.00	128.75	1.078 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 Sterlite Technologies (STLTECH)

Price action analysis of Sterlite Technologies ( (STLTECH) ) 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 Sterlite Technologies ( (STLTECH) ) 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 Sterlite Technologies ( (STLTECH) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Sterlite Technologies stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sterlite Technologies 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.

Sterlite Technologies 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 Sterlite Technologies 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 positive zone. This is a BUY zone

Stock of Sterlite Technologies is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 128.59 and Sterlite Technologies (STLTECH) 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 Sterlite Technologies (STLTECH) stock. Volume based technical analysis of Sterlite Technologies (STLTECH) stock is negative.

Sterlite Technologies 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.