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

(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 2024-06-06 View latest technical analysis

10 day averaged volume of Swastik Pipe is 24960

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	72.25	73.80	73.80	72.25	0.24 times
05 Wed Jun 2024	71.05	67.50	73.15	67.00	0.673 times
04 Tue Jun 2024	70.55	74.70	75.95	70.00	0.721 times
03 Mon Jun 2024	78.20	75.60	80.35	75.00	3.75 times
31 Fri May 2024	72.25	67.55	74.30	67.00	0.962 times
30 Thu May 2024	70.75	69.00	71.80	66.50	2.452 times
29 Wed May 2024	70.00	70.00	70.10	70.00	0.192 times
28 Tue May 2024	70.50	70.50	71.20	70.50	0.337 times
27 Mon May 2024	72.00	72.00	72.95	72.00	0.288 times
24 Fri May 2024	73.90	74.35	74.35	72.90	0.529 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 71.3 as stoploss in an intra day buy trade for a target of 73.54. However, stock will show a bearish move below 71.3.

Share price targets for Swastik Pipe (SWASTIK_SM)

Target Type	Value
Downside Target	66.50
Downside Target	70.05
Downside Target	72.00
Upside Target	76.15
Upside Target	78.95
Upside Target	79.95
Upside Target	80.35
Upside Target	82.50
Upside Target	83.00
Upside Target	85.10
Upside Target	99.70

Intraday share price targets for Swastik Pipe (SWASTIK_SM)

Target Type	Value
Downside Intraday Target	66.05
Downside Intraday Target	59.85
Upside Intraday Target	79.4
Upside Intraday Target	86.55
Upside Intraday Target	73.2

Weekly technical analysis of Swastik Pipe (SWASTIK_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	72.25	75.60	80.35	67.00	1.273 times
31 Fri May 2024	72.25	72.00	74.30	66.50	2.444 times
24 Fri May 2024	73.90	76.15	76.15	72.90	0.8 times
18 Sat May 2024	76.85	73.00	77.50	72.00	0.957 times
10 Fri May 2024	76.00	77.00	78.95	70.05	1.516 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 Thu Jun 2024	72.25	75.60	80.35	67.00	0.477 times
31 Fri May 2024	72.25	79.45	79.95	66.50	0.992 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

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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Swastik Pipe in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 73.86 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.