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(TECILCHEM_BE) Tecil Chemicals complete technical analysis [charts+indicators] | Buy/Sell Tecil Chemicals | (TECILCHEM_BE) share price targets

Complete technical analysis of Tecil Chemicals (TECILCHEM_BE) by charts plus indicators, forecast predictions and share price targets for Tecil Chemicals (TECILCHEM_BE)

Showing technical analysis as on 2024-10-28 View latest technical analysis

10 day averaged volume of Tecil Chemicals is 664

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	22.01	23.00	24.15	22.01	3.736 times
25 Fri Oct 2024	23.00	22.10	23.20	22.10	1.75 times
24 Thu Oct 2024	22.10	22.10	22.10	21.70	0.358 times
23 Wed Oct 2024	22.80	22.90	23.00	22.80	0.364 times
22 Tue Oct 2024	24.00	24.30	24.30	24.00	1.541 times
21 Mon Oct 2024	24.30	24.30	24.30	23.50	1.767 times
18 Fri Oct 2024	24.30	24.00	24.49	24.00	0.2 times
17 Thu Oct 2024	23.42	25.25	25.25	23.41	1.968 times
16 Wed Oct 2024	24.41	25.80	25.80	24.22	0.506 times
15 Tue Oct 2024	25.47	27.49	27.49	25.47	0.562 times

Stock of Tecil Chemicals (TECILCHEM_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23.2, but if it comes above 23.2, then a intra day buy could be more profitable.
If you take a sell trade below 23.2, then use 23.2 as stoploss and 20.7 as target. However if you take a buy trade in stock , then use 23.2 as stoploss and 25.23 as target.

Share price targets for Tecil Chemicals (TECILCHEM_BE)

Target Type	Value
Downside Target	18.36
Downside Target	19.20
Downside Target	21.70
Upside Target	23.41
Upside Target	24.15
Upside Target	25.92
Upside Target	27.25
Upside Target	27.79
Upside Target	27.99
Upside Target	28.69
Upside Target	29.00
Upside Target	38.70

Intraday share price targets for Tecil Chemicals (TECILCHEM_BE)

Target Type	Value
Downside Intraday Target	21.3
Downside Intraday Target	20.58
Upside Intraday Target	23.44
Upside Intraday Target	24.86
Upside Intraday Target	22.72

Weekly technical analysis of Tecil Chemicals (TECILCHEM_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	22.01	23.00	24.15	22.01	0.646 times
25 Fri Oct 2024	23.00	24.30	24.30	21.70	1.37 times
18 Fri Oct 2024	24.30	27.99	27.99	23.41	0.209 times
11 Fri Oct 2024	27.01	28.49	29.00	25.92	1.058 times
04 Fri Oct 2024	27.29	23.00	27.79	21.86	7.561 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 Tecil Chemicals (TECILCHEM_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	22.01	22.95	29.00	21.70	3.531 times
30 Mon Sep 2024	24.15	26.00	26.00	21.86	0.443 times
30 Fri Aug 2024	26.04	18.75	27.47	18.36	1.046 times
31 Wed Jul 2024	19.28	27.25	27.25	19.20	2.147 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 Tecil Chemicals (TECILCHEM_BE)

Price action analysis of Tecil Chemicals ( (TECILCHEM_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Tecil Chemicals ( (TECILCHEM_BE) ) 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 Tecil Chemicals ( (TECILCHEM_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Tecil Chemicals stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Tecil Chemicals in short term and the sell signal is strong.

Tecil Chemicals 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 coming down

CCI has generated a SELL signal for Tecil Chemicals in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Tecil Chemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 23.23 and Tecil Chemicals (TECILCHEM_BE) 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 Tecil Chemicals (TECILCHEM_BE) stock. Volume based technical analysis of Tecil Chemicals (TECILCHEM_BE) stock is negative.

Tecil Chemicals 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.