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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 2024-06-25 View latest technical analysis

10 day averaged volume of Swastik Pipe is 30960

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	69.95	70.50	70.50	69.75	0.31 times
24 Mon Jun 2024	70.60	71.05	71.90	70.25	1.124 times
21 Fri Jun 2024	71.30	72.50	74.25	71.15	0.659 times
20 Thu Jun 2024	71.40	71.25	71.75	71.05	0.349 times
19 Wed Jun 2024	71.25	69.90	73.45	69.55	3.14 times
18 Tue Jun 2024	69.90	74.40	74.40	69.55	3.178 times
14 Fri Jun 2024	72.95	73.00	73.00	72.50	0.271 times
13 Thu Jun 2024	73.40	72.25	73.40	72.05	0.233 times
12 Wed Jun 2024	73.00	73.00	73.75	72.00	0.31 times
11 Tue Jun 2024	72.30	72.00	72.80	71.25	0.465 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 70, but if it comes above 70, then a intra day buy could be more profitable.
If you take a sell trade below 70, then use 70 as stoploss and 67.8 as target. However if you take a buy trade in stock , then use 70 as stoploss and 71.8 as target.

Share price targets for Swastik Pipe (SWASTIK_SM)

Target Type	Value
Downside Target	66.50
Downside Target	69.55
Upside Target	71.25
Upside Target	74.45
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	69.17
Downside Intraday Target	68.38
Upside Intraday Target	71.32
Upside Intraday Target	72.68
Upside Intraday Target	70.53

Weekly technical analysis of Swastik Pipe (SWASTIK_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	69.95	71.05	71.90	69.75	0.196 times
21 Fri Jun 2024	71.30	74.40	74.40	69.55	4.725 times
14 Fri Jun 2024	72.95	74.45	74.45	71.25	0.328 times
07 Fri Jun 2024	72.20	75.60	80.35	67.00	1.386 times
31 Fri May 2024	72.25	72.00	74.30	66.50	2.444 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
25 Tue Jun 2024	69.95	75.60	80.35	67.00	1.651 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, and volume has increased substantially. This means that the move can 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 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 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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Swastik Pipe in short term and the sell signal is strong.

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 SELL signal for Swastik Pipe in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 70.92 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.