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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 2024-05-07 View latest technical analysis

10 day averaged volume of Swastik Pipe is 15840

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	77.50	76.50	78.85	75.15	0.606 times
06 Mon May 2024	76.25	77.00	77.25	70.05	1.439 times
03 Fri May 2024	78.70	78.75	78.75	76.25	0.758 times
02 Thu May 2024	78.75	79.45	79.95	78.55	0.682 times
30 Tue Apr 2024	79.50	79.80	79.80	78.50	0.303 times
29 Mon Apr 2024	79.95	80.45	80.45	79.25	0.606 times
26 Fri Apr 2024	80.70	79.95	82.00	79.45	1.515 times
25 Thu Apr 2024	77.55	78.40	78.50	77.55	0.455 times
24 Wed Apr 2024	76.85	78.50	78.90	76.70	1.288 times
23 Tue Apr 2024	78.00	79.20	79.25	78.00	1.061 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 77.3 as stoploss in an intra day buy trade for a target of 79.02. However, stock will show a bearish move below 77.3.

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	78.85
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	72.08
Downside Intraday Target	66.67
Upside Intraday Target	80.88
Upside Intraday Target	84.27
Downside Intraday Target	75.47

Weekly technical analysis of Swastik Pipe (SWASTIK_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	77.50	77.00	78.85	70.05	0.871 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
07 Tue May 2024	77.50	79.45	79.95	70.05	0.194 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 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 losing 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. 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 moving up

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 78.26 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.