Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2023-12-13 View latest technical analysis

10 day averaged volume of Spentex Inds is 17520

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Dec 2023	2.34	2.34	2.34	2.34	0.003 times
12 Tue Dec 2023	2.23	2.23	2.23	2.23	0.003 times
11 Mon Dec 2023	2.13	2.31	2.31	2.12	0.595 times
08 Fri Dec 2023	2.22	2.25	2.43	2.22	0.87 times
07 Thu Dec 2023	2.33	2.33	2.33	2.33	0.715 times
06 Wed Dec 2023	2.45	2.31	2.50	2.31	0.446 times
05 Tue Dec 2023	2.43	2.50	2.67	2.43	1.186 times
04 Mon Dec 2023	2.55	2.52	2.76	2.52	0.326 times
30 Thu Nov 2023	2.64	2.64	2.64	2.64	0.429 times
29 Wed Nov 2023	2.69	2.69	2.69	2.69	0.423 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 2.3 as stoploss in an intra day buy trade for a target of 2.51. However, stock will show a bearish move below 2.3.

Share price targets for Spentex Inds (SpentexInds)

Target Type	Value
Downside Target	1.52
Downside Target	2.03
Downside Target	2.12
Downside Target	2.22
Downside Target	2.34
Upside Target	2.50
Upside Target	2.55
Upside Target	2.66
Upside Target	2.70
Upside Target	2.74
Upside Target	2.76
Upside Target	3.55

Intraday share price targets for Spentex Inds (SpentexInds)

Target Type	Value
Downside Intraday Target	2.19
Downside Intraday Target	2.05
Upside Intraday Target	2.41
Upside Intraday Target	2.49
Downside Intraday Target	2.27

Weekly technical analysis of Spentex Inds (SpentexInds)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Dec 2023	2.34	2.31	2.34	2.12	0.169 times
08 Fri Dec 2023	2.22	2.52	2.76	2.22	0.604 times
30 Thu Nov 2023	2.64	2.61	2.70	2.61	0.582 times
24 Fri Nov 2023	2.66	2.55	2.66	2.55	1.071 times
17 Fri Nov 2023	2.60	2.64	2.64	2.59	13.235 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 Spentex Inds (SpentexInds)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Wed Dec 2023	2.34	2.52	2.76	2.12	0.128 times
30 Thu Nov 2023	2.64	2.60	2.74	2.55	1.44 times
31 Tue Oct 2023	2.55	2.16	2.55	2.03	0.476 times
29 Fri Sep 2023	2.12	2.45	2.57	1.52	0.806 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 Spentex Inds (SpentexInds)

Price action analysis of Spentex Inds ( (SpentexInds) ) 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 Spentex Inds ( (SpentexInds) ) 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 Spentex Inds ( (SpentexInds) ) 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 Spentex Inds stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Spentex Inds 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 Spentex Inds 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 Spentex Inds is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.39 and Spentex Inds (SpentexInds) 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 Spentex Inds (SpentexInds) stock. Volume based technical analysis of Spentex Inds (SpentexInds) stock is negative.

Spentex Inds 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.