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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 2024-08-20 View latest technical analysis

10 day averaged volume of Swastik Pipe is 11520

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	62.75	62.90	63.00	62.55	1.042 times
19 Mon Aug 2024	61.75	62.90	62.90	61.20	1.354 times
16 Fri Aug 2024	62.35	63.75	64.00	61.50	1.563 times
14 Wed Aug 2024	64.00	63.55	64.70	63.50	0.938 times
13 Tue Aug 2024	63.55	64.75	65.25	63.45	1.25 times
12 Mon Aug 2024	64.75	66.50	66.50	64.30	0.625 times
09 Fri Aug 2024	65.00	65.80	66.00	65.00	1.042 times
08 Thu Aug 2024	66.00	65.55	66.85	65.55	0.729 times
07 Wed Aug 2024	65.55	66.00	66.00	65.30	0.625 times
06 Tue Aug 2024	64.65	66.10	66.50	64.65	0.625 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 63.5, but if it comes above 63.5, then a intra day buy could be more profitable.
If you take a sell trade below 63.5, then use 63.5 as stoploss and 61.2 as target. However if you take a buy trade in stock , then use 63.5 as stoploss and 65.38 as target.

Share price targets for Swastik Pipe (SWASTIK_SM)

Target Type	Value
Downside Target	61.20
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	61.63
Downside Intraday Target	60.52
Upside Intraday Target	63.43
Upside Intraday Target	64.12
Downside Intraday Target	62.32

Weekly technical analysis of Swastik Pipe (SWASTIK_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	62.75	62.90	63.00	61.20	0.548 times
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

Price has moved up 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
20 Tue Aug 2024	62.75	65.00	70.00	61.20	0.399 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 losing 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 63.68 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.