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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 2024-05-06 View latest technical analysis

10 day averaged volume of Swastik Pipe is 14280

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	76.25	77.00	77.25	70.05	1.597 times
03 Fri May 2024	78.70	78.75	78.75	76.25	0.84 times
02 Thu May 2024	78.75	79.45	79.95	78.55	0.756 times
30 Tue Apr 2024	79.50	79.80	79.80	78.50	0.336 times
29 Mon Apr 2024	79.95	80.45	80.45	79.25	0.672 times
26 Fri Apr 2024	80.70	79.95	82.00	79.45	1.681 times
25 Thu Apr 2024	77.55	78.40	78.50	77.55	0.504 times
24 Wed Apr 2024	76.85	78.50	78.90	76.70	1.429 times
23 Tue Apr 2024	78.00	79.20	79.25	78.00	1.176 times
22 Mon Apr 2024	78.05	77.00	79.95	76.25	2.101 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 77.4, but if it comes above 77.4, then a intra day buy could be more profitable.
If you take a sell trade below 77.4, then use 77.4 as stoploss and 75.3 as target. However if you take a buy trade in stock , then use 77.4 as stoploss and 79.21 as target.

Share price targets for Swastik Pipe (SWASTIK_SM)

Target Type	Value
Downside Target	66.50
Downside Target	70.05
Downside Target	73.30
Downside Target	76.25
Upside Target	79.95
Upside Target	82.50
Upside Target	83.00
Upside Target	85.10
Upside Target	90.30
Upside Target	99.70
Upside Target	108.90

Intraday share price targets for Swastik Pipe (SWASTIK_SM)

Target Type	Value
Downside Intraday Target	71.78
Downside Intraday Target	67.32
Upside Intraday Target	78.98
Upside Intraday Target	81.72
Downside Intraday Target	74.52

Weekly technical analysis of Swastik Pipe (SWASTIK_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	76.25	77.00	77.25	70.05	0.613 times
03 Fri May 2024	78.70	80.45	80.45	76.25	0.378 times
26 Fri Apr 2024	80.70	77.00	82.00	76.25	6.308 times
19 Fri Apr 2024	77.00	79.95	79.95	77.00	1.3 times
12 Fri Apr 2024	80.10	82.20	83.00	80.10	0.083 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
06 Mon May 2024	76.25	79.45	79.95	70.05	0.16 times
30 Tue Apr 2024	79.50	73.30	83.00	73.30	0.311 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

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 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 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 Swastik Pipe ( (SWASTIK_SM) ) based on a short to mid 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 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 gaining momentum.

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

Swastik Pipe Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 Swastik Pipe in short term and SELL signal is strong!

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

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 78.27 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.