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(SWASTIK_SM) Swastik Pipe complete technical analysis [charts+indicators] | Buy/Sell Swastik Pipe | (SWASTIK_SM) share price targets

Complete technical analysis of Swastik Pipe (SWASTIK_SM) by charts plus indicators, forecast predictions and share price targets for Swastik Pipe (SWASTIK_SM)

Showing technical analysis as on 2024-04-18 View latest technical analysis

10 day averaged volume of Swastik Pipe is 14880

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	77.75	78.15	78.15	77.75	0.242 times
16 Tue Apr 2024	77.75	78.00	78.00	77.75	0.161 times
15 Mon Apr 2024	79.95	79.95	79.95	79.95	0.161 times
12 Fri Apr 2024	80.10	80.50	80.50	80.10	0.242 times
10 Wed Apr 2024	80.10	81.75	81.75	80.10	0.161 times
09 Tue Apr 2024	80.90	81.15	81.15	80.90	0.161 times
08 Mon Apr 2024	82.90	82.20	83.00	82.20	0.242 times
05 Fri Apr 2024	82.20	81.90	82.20	81.90	5.242 times
04 Thu Apr 2024	81.15	82.00	83.00	80.65	1.29 times
03 Wed Apr 2024	82.75	81.90	83.00	81.50	1.129 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 76.6 as stoploss in an intra day buy trade for a target of 79.19. However, stock will show a bearish move below 76.6.

Share price targets for Swastik Pipe (SWASTIK_SM)

Target Type	Value
Downside Target	66.50
Downside Target	71.00
Downside Target	73.30
Downside Target	75.25
Downside Target	77.75
Upside Target	79.95
Upside Target	83.00
Upside Target	85.10
Upside Target	89.00
Upside Target	90.30
Upside Target	99.70
Upside Target	105.00
Upside Target	108.90

Intraday share price targets for Swastik Pipe (SWASTIK_SM)

Target Type	Value
Downside Intraday Target	77.02
Downside Intraday Target	76.28
Upside Intraday Target	79.22
Upside Intraday Target	80.68
Upside Intraday Target	78.48

Weekly technical analysis of Swastik Pipe (SWASTIK_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	77.75	79.95	79.95	77.75	0.7 times
12 Fri Apr 2024	80.10	82.20	83.00	80.10	0.083 times
05 Fri Apr 2024	82.20	73.30	83.00	73.30	0.698 times
28 Thu Mar 2024	72.40	78.50	80.00	71.00	0.983 times
22 Fri Mar 2024	79.70	80.00	81.00	75.25	0.538 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 Swastik Pipe (SWASTIK_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	77.75	73.30	83.00	73.30	0.18 times
28 Thu Mar 2024	72.40	84.25	85.10	66.50	2.628 times
29 Thu Feb 2024	83.60	94.85	99.70	82.50	0.334 times
31 Wed Jan 2024	93.70	94.40	108.90	90.30	2.874 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 Swastik Pipe (SWASTIK_SM)

Price action analysis of Swastik Pipe ( (SWASTIK_SM) ) 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 Swastik Pipe ( (SWASTIK_SM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Swastik Pipe ( (SWASTIK_SM) ) 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 Swastik Pipe stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Swastik Pipe 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 coming down

CCI has generated a buy signal for Swastik Pipe in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Swastik Pipe is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 81.78 and Swastik Pipe (SWASTIK_SM) 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 Swastik Pipe (SWASTIK_SM) stock. Volume based technical analysis of Swastik Pipe (SWASTIK_SM) stock is negative.

Swastik Pipe 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.