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 2024-01-01 View latest technical analysis

10 day averaged volume of Spentex Inds is 6511

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Jan 2024	2.35	2.35	2.35	2.35	0.898 times
29 Fri Dec 2023	2.31	2.31	2.31	2.31	0.015 times
28 Thu Dec 2023	2.27	2.27	2.27	2.27	0.204 times
27 Wed Dec 2023	2.23	2.27	2.27	2.23	6.19 times
26 Tue Dec 2023	2.27	2.31	2.31	2.27	0.055 times
20 Wed Dec 2023	2.31	2.31	2.31	2.31	0.397 times
18 Mon Dec 2023	2.35	2.50	2.50	2.33	2.802 times
15 Fri Dec 2023	2.45	2.45	2.45	2.45	0.006 times
14 Thu Dec 2023	2.45	2.45	2.45	2.45	0.315 times
13 Wed Dec 2023	2.34	2.34	2.34	2.34	0.008 times

My analysis of stock is bearish for shortterm, and stock might move down till 2.2 or till 2. Use a stoploss of 2.39 and if the stock hits stoploss, then it can shoot up till 2.55

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	2.31
Upside Target	2.45
Upside Target	2.50
Upside Target	2.55
Upside Target	2.57
Upside Target	2.74
Upside Target	2.76

Intraday share price targets for Spentex Inds (SpentexInds)

Target Type	Value
Downside Intraday Target	2.35
Downside Intraday Target	2.35
Downside Intraday Target	2.35
Downside Intraday Target	2.35
Downside Intraday Target	2.35

Weekly technical analysis of Spentex Inds (SpentexInds)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Jan 2024	2.35	2.35	2.35	2.35	0.139 times
29 Fri Dec 2023	2.31	2.31	2.31	2.23	2.02 times
20 Wed Dec 2023	2.31	2.50	2.50	2.31	1.652 times
15 Fri Dec 2023	2.45	2.31	2.45	2.12	0.203 times
08 Fri Dec 2023	2.22	2.52	2.76	2.22	0.604 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
01 Mon Jan 2024	2.35	2.35	2.35	2.35	0.043 times
29 Fri Dec 2023	2.31	2.52	2.76	2.12	0.242 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

Scroll below to view daily charts

Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL. 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 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 below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Spentex Inds is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.28 and Spentex Inds (SpentexInds) 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 Spentex Inds (SpentexInds) stock. Volume based technical analysis of Spentex Inds (SpentexInds) stock is negative.

Spentex Inds Stock is giving positive 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.