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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 2024-06-26 View latest technical analysis

10 day averaged volume of Swastik Pipe is 31080

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	71.30	69.95	71.30	69.95	0.232 times
25 Tue Jun 2024	69.95	70.50	70.50	69.75	0.309 times
24 Mon Jun 2024	70.60	71.05	71.90	70.25	1.12 times
21 Fri Jun 2024	71.30	72.50	74.25	71.15	0.656 times
20 Thu Jun 2024	71.40	71.25	71.75	71.05	0.347 times
19 Wed Jun 2024	71.25	69.90	73.45	69.55	3.127 times
18 Tue Jun 2024	69.90	74.40	74.40	69.55	3.166 times
14 Fri Jun 2024	72.95	73.00	73.00	72.50	0.27 times
13 Thu Jun 2024	73.40	72.25	73.40	72.05	0.232 times
12 Wed Jun 2024	73.00	73.00	73.75	72.00	0.309 times

My analysis of stock is bearish for shortterm, and stock might move down till 70.1 or till 67.9. Use a stoploss of 71.84 and if the stock hits stoploss, then it can shoot up till 73.62

Share price targets for Swastik Pipe (SWASTIK_SM)

Target Type	Value
Downside Target	66.50
Downside Target	69.55
Downside 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	70.07
Downside Intraday Target	68.83
Upside Intraday Target	72.22
Upside Intraday Target	73.13
Downside Intraday Target	70.98

Weekly technical analysis of Swastik Pipe (SWASTIK_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	71.30	71.05	71.90	69.75	0.228 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
26 Wed Jun 2024	71.30	75.60	80.35	67.00	1.677 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

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 70.86 and Swastik Pipe (SWASTIK_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.