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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 2024-05-31 View latest technical analysis

10 day averaged volume of Spicejet is 2562040

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	56.60	55.91	57.20	55.50	0.717 times
30 Thu May 2024	55.90	57.08	57.50	55.60	0.454 times
29 Wed May 2024	57.19	57.30	57.90	57.00	0.328 times
28 Tue May 2024	57.32	58.00	58.60	57.05	0.565 times
27 Mon May 2024	58.27	60.50	60.88	58.00	1.453 times
24 Fri May 2024	60.43	61.69	62.25	60.20	0.621 times
23 Thu May 2024	61.37	62.60	62.95	61.00	0.553 times
22 Wed May 2024	62.02	61.00	63.25	59.98	2.147 times
21 Tue May 2024	61.00	62.05	62.30	60.80	0.661 times
18 Sat May 2024	62.59	63.00	63.40	62.30	0.288 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 56.2 as stoploss in an intra day buy trade for a target of 58.65. However, stock will show a bearish move below 56.2.

Share price targets for Spicejet (Spicejet)

Target Type	Value
Downside Target	48.50
Downside Target	54.71
Upside Target	58.05
Upside Target	59.85
Upside Target	63.25
Upside Target	63.45
Upside Target	64.00
Upside Target	65.50
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	54.44
Downside Intraday Target	52.28
Upside Intraday Target	59.82
Upside Intraday Target	63.04
Upside Intraday Target	57.66

Weekly technical analysis of Spicejet (Spicejet)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	56.60	60.50	60.88	55.50	0.884 times
24 Fri May 2024	60.43	62.05	63.25	59.98	0.636 times
18 Sat May 2024	62.59	55.56	64.00	54.86	1.66 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

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 Spicejet (Spicejet)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	56.60	60.88	64.00	54.71	0.697 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 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 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 Spicejet ( (Spicejet) ) based on a mid to longer 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.

ADX buy sell signal for Spicejet stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Spicejet 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 Spicejet in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Stock of Spicejet is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 59.68 and Spicejet (Spicejet) 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 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.