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

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

Showing technical analysis as on 2024-05-16 View latest technical analysis

10 day averaged volume of Spicejet is 2137526

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	59.74	60.55	61.95	59.53	0.8 times
15 Wed May 2024	60.16	57.44	60.88	56.84	1.712 times
14 Tue May 2024	57.01	56.30	57.55	55.95	0.504 times
13 Mon May 2024	55.95	55.56	56.75	54.86	0.626 times
10 Fri May 2024	55.56	55.48	56.00	54.71	0.535 times
09 Thu May 2024	55.11	57.25	58.20	55.00	0.978 times
08 Wed May 2024	57.22	56.99	58.50	56.00	0.78 times
07 Tue May 2024	57.00	59.65	60.00	56.50	1.401 times
06 Mon May 2024	59.63	61.80	62.00	59.00	0.823 times
03 Fri May 2024	61.55	63.20	63.45	61.00	0.799 times

My analysis of stock is bearish for shortterm, and stock might move down till 57.4 or till 54.3. Use a stoploss of 59.96 and if the stock hits stoploss, then it can shoot up till 62.55

Share price targets for Spicejet (Spicejet)

Target Type	Value
Downside Target	48.50
Downside Target	54.71
Downside Target	58.05
Upside Target	59.85
Upside Target	61.66
Upside Target	63.45
Upside Target	63.55
Upside Target	65.50
Upside Target	65.90
Upside Target	67.35
Upside Target	71.45
Upside Target	77.50

Intraday share price targets for Spicejet (Spicejet)

Target Type	Value
Downside Intraday Target	55.75
Downside Intraday Target	51.76
Upside Intraday Target	62.84
Upside Intraday Target	65.94
Downside Intraday Target	58.85

Weekly technical analysis of Spicejet (Spicejet)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	59.74	55.56	61.95	54.86	0.807 times
10 Fri May 2024	55.56	61.80	62.00	54.71	1.083 times
03 Fri May 2024	61.55	62.30	63.45	59.85	0.869 times
26 Fri Apr 2024	61.96	62.55	63.55	61.66	0.722 times
19 Fri Apr 2024	61.94	65.00	65.90	60.35	0.547 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 Spicejet (Spicejet)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu May 2024	59.74	60.88	63.45	54.71	0.318 times
30 Tue Apr 2024	60.69	60.31	71.45	60.31	0.962 times
28 Thu Mar 2024	60.01	64.00	65.50	48.50	0.45 times
29 Thu Feb 2024	64.17	65.25	77.50	62.01	1.181 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 Spicejet (Spicejet)

Price action analysis of Spicejet ( (Spicejet) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Spicejet ( (Spicejet) ) 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 Spicejet ( (Spicejet) ) 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 Spicejet ( (Spicejet) ) 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 Spicejet stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Spicejet 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.

Spicejet Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Spicejet in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Spicejet is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.15 and Spicejet (Spicejet) 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 Spicejet (Spicejet) stock. Volume based technical analysis of Spicejet (Spicejet) stock is negative.

Spicejet 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.