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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 2024-08-16 View latest technical analysis

10 day averaged volume of Swastik Pipe is 16200

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	62.35	63.75	64.00	61.50	1.111 times
14 Wed Aug 2024	64.00	63.55	64.70	63.50	0.667 times
13 Tue Aug 2024	63.55	64.75	65.25	63.45	0.889 times
12 Mon Aug 2024	64.75	66.50	66.50	64.30	0.444 times
09 Fri Aug 2024	65.00	65.80	66.00	65.00	0.741 times
08 Thu Aug 2024	66.00	65.55	66.85	65.55	0.519 times
07 Wed Aug 2024	65.55	66.00	66.00	65.30	0.444 times
06 Tue Aug 2024	64.65	66.10	66.50	64.65	0.444 times
05 Mon Aug 2024	66.10	69.45	69.45	66.10	0.889 times
02 Fri Aug 2024	68.85	65.00	70.00	63.00	3.926 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 62.3, for a target of 64.2 or 65.9

Share price targets for Swastik Pipe (SWASTIK_SM)

Target Type	Value
Downside Target	61.50
Upside Target	63.00
Upside Target	66.50
Upside Target	68.50
Upside Target	69.45
Upside Target	70.00
Upside Target	73.30
Upside Target	73.95
Upside Target	79.95
Upside Target	80.35
Upside Target	83.00

Intraday share price targets for Swastik Pipe (SWASTIK_SM)

Target Type	Value
Downside Intraday Target	60.4
Downside Intraday Target	58.45
Upside Intraday Target	65.4
Upside Intraday Target	68.45
Upside Intraday Target	63.45

Weekly technical analysis of Swastik Pipe (SWASTIK_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	62.35	66.50	66.50	61.50	1.024 times
09 Fri Aug 2024	65.00	69.45	69.45	64.65	0.36 times
02 Fri Aug 2024	68.85	65.95	70.00	63.00	1.81 times
26 Fri Jul 2024	65.45	66.40	68.50	64.25	1.658 times
19 Fri Jul 2024	67.80	69.45	69.45	67.00	0.18 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
16 Fri Aug 2024	62.35	65.00	70.00	61.50	0.346 times
31 Wed Jul 2024	65.60	71.90	73.95	64.25	0.991 times
28 Fri Jun 2024	70.85	75.60	80.35	67.00	1.864 times
31 Fri May 2024	72.25	79.45	79.95	66.50	0.992 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 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 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 66.16 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.