Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-12 View latest technical analysis

10 day averaged volume of Sterlite Technologies is 2547418

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	130.26	131.40	133.25	129.61	0.645 times
11 Tue Jun 2024	131.62	131.95	133.35	130.58	0.888 times
10 Mon Jun 2024	131.70	126.00	135.50	125.40	3.258 times
07 Fri Jun 2024	125.85	122.80	129.70	122.00	1.559 times
06 Thu Jun 2024	121.80	123.00	124.70	119.35	0.601 times
05 Wed Jun 2024	120.45	117.00	121.10	114.10	0.655 times
04 Tue Jun 2024	116.15	127.00	127.20	109.50	1.125 times
03 Mon Jun 2024	126.85	129.00	129.80	126.25	0.699 times
31 Fri May 2024	126.55	124.60	127.00	123.05	0.57 times
30 Thu May 2024	124.05	125.85	126.20	123.45	0.297 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 130.7 as stoploss in an intra day sell trade for a target of 126.82. However, stock will show a bullish move above 130.7.

Share price targets for Sterlite Technologies (STLTECH)

Target Type	Value
Downside Target	109.50
Downside Target	115.00
Downside Target	118.05
Downside Target	123.05
Downside Target	128.75
Upside Target	135.20
Upside Target	135.50
Upside Target	142.35
Upside Target	142.50
Upside Target	146.40
Upside Target	151.00

Intraday share price targets for Sterlite Technologies (STLTECH)

Target Type	Value
Downside Intraday Target	125.27
Downside Intraday Target	120.29
Upside Intraday Target	135.37
Upside Intraday Target	140.49
Upside Intraday Target	130.39

Weekly technical analysis of Sterlite Technologies (STLTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	130.26	126.00	135.50	125.40	1.032 times
07 Fri Jun 2024	125.85	129.00	129.80	109.50	2.013 times
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

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
12 Wed Jun 2024	130.26	129.00	135.50	109.50	0.406 times
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

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 Sterlite Technologies (STLTECH)

Price action analysis of Sterlite Technologies ( (STLTECH) ) based on a short 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 short to mid 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.

Price action analysis of Sterlite Technologies ( (STLTECH) ) based on a mid to longer 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.

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

MACD generated a BUY signal for Sterlite Technologies in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sterlite Technologies in short term but SELL 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

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 126.89 and Sterlite Technologies (STLTECH) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 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.