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

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

Showing technical analysis as on 2023-03-22 View latest technical analysis

10 day averaged volume of Finolex Ind is 48693

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Mar 2023	171.80	165.95	173.95	165.25	1.967 times
21 Tue Mar 2023	165.95	161.45	168.00	160.70	2.194 times
20 Mon Mar 2023	160.15	159.25	162.95	158.00	0.899 times
17 Fri Mar 2023	162.30	162.00	163.90	160.30	0.431 times
16 Thu Mar 2023	160.15	160.95	164.55	160.00	0.537 times
15 Wed Mar 2023	163.80	163.00	165.85	162.00	0.612 times
14 Tue Mar 2023	162.15	165.00	167.35	161.25	1.505 times
13 Mon Mar 2023	165.35	169.50	171.35	163.50	1.351 times
10 Fri Mar 2023	168.15	172.00	172.00	167.55	0.394 times
09 Thu Mar 2023	170.70	172.00	174.55	169.45	0.645 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 170.7, but if it comes below 170.7, then a intra day sell could be more profitable.
If you take a sell trade below 170.7, then use 170.7 as stoploss and 167.07 as target. However if you take a buy trade in stock , then use 170.7 as stoploss and 175 as target.

Share price targets for Finolex Ind (FinolexInd)

Target Type	Value
Downside Target	133.15
Downside Target	156.90
Downside Target	171.35
Upside Target	172.25
Upside Target	173.95
Upside Target	174.55
Upside Target	180.70
Upside Target	183.90
Upside Target	192.10
Upside Target	194.95

Intraday share price targets for Finolex Ind (FinolexInd)

Target Type	Value
Downside Intraday Target	161.88
Downside Intraday Target	151.97
Upside Intraday Target	177.83
Upside Intraday Target	183.87
Downside Intraday Target	167.92

Weekly technical analysis of Finolex Ind (FinolexInd)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Mar 2023	171.80	159.25	173.95	158.00	1.14 times
17 Fri Mar 2023	162.30	169.50	171.35	160.00	1.384 times
10 Fri Mar 2023	168.15	171.35	174.55	166.85	1.135 times
03 Fri Mar 2023	169.75	167.35	172.25	165.35	0.665 times
24 Fri Feb 2023	170.20	179.95	180.70	165.35	0.669 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 Finolex Ind (FinolexInd)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Wed Mar 2023	171.80	170.95	174.55	158.00	0.495 times
28 Tue Feb 2023	169.10	175.90	183.90	165.35	1.192 times
31 Tue Jan 2023	172.65	186.95	192.10	162.75	0.193 times
30 Fri Dec 2022	186.65	157.80	194.95	156.90	1.96 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 Finolex Ind (FinolexInd)

Price action analysis of Finolex Ind ( (FinolexInd) ) 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 Finolex Ind ( (FinolexInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Finolex Ind ( (FinolexInd) ) based on a short to mid 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 Finolex Ind ( (FinolexInd) ) 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 Finolex Ind stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Finolex Ind 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.

Finolex Ind 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 moving up

CCI has generated a buy signal for Finolex Ind 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 positive zone. This is a BUY zone

Stock of Finolex Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 165.73 and Finolex Ind (FinolexInd) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Finolex Ind (FinolexInd) stock. Volume based technical analysis of Finolex Ind (FinolexInd) stock is negative.

Finolex Ind 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.