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Stock analysis Supreme Petrochem Limited SPLPETRO

More indepth analysis on MunafaSutra.com

Moving Averages for Supreme Petrochem Limited

  • 5Day Average: 882.17
  • 12Day Average: 881.76
  • 20Day Average: 859.02
  • 50Day Average: 772.45
  • 100Day Average: 716.55
  • 150Day Average: 679.87
  • 200Day Average: 650.25

SPLPETRO Indicators & signals

Indicator MACD (12,26,9)

873.2, 841.18, 37.1
Indicator MACD is in positive zone

Indicator ADX (14)

18.07, 20.56, 14.27
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 65
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SPLPETRO Supreme Petrochem Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Jul 2024 872.35 863.55 to 893.00 -0.05% 0.31 times
25 Thu Jul 2024 872.80 870.05 to 899.50 -1.68% 0.7 times
24 Wed Jul 2024 887.70 879.90 to 899.00 -0.15% 0.26 times
23 Tue Jul 2024 889.00 842.30 to 904.80 0% 0.71 times
23 Tue Jul 2024 889.00 842.30 to 904.80 1.19% 0.71 times
22 Mon Jul 2024 878.55 855.55 to 895.35 -1.52% 0.72 times
19 Fri Jul 2024 892.10 861.00 to 903.55 -1.07% 1.11 times
18 Thu Jul 2024 901.75 881.00 to 912.00 0.18% 0.92 times
16 Tue Jul 2024 900.15 860.70 to 926.60 5.41% 3.42 times
15 Mon Jul 2024 853.95 852.10 to 869.00 -1.27% 0.93 times
12 Fri Jul 2024 864.95 861.15 to 883.50 -1.58% 0.52 times
11 Thu Jul 2024 878.85 872.85 to 909.90 -0.28% 1.47 times

Technical analysis forecast of Supreme Petrochem Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Supreme Petrochem Limited SPLPETRO at this time. Stock is rising and might rise more.

It appears as if Supreme Petrochem Limited SPLPETRO gave a large move recently.

Stock of Supreme Petrochem Limited (SPLPETRO) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Supreme Petrochem Limited is bullish for shortterm, and stock might move up till 895.9 or till 944.6. Use a stoploss of 855.35 and if this stock hits its stoploss, then it can fall down till 814.8

More indepth analysis on MunafaSutra.com