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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 2023-09-18 View latest technical analysis

10 day averaged volume of Finolex Ind is 123420

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Sep 2023	227.00	224.10	231.30	224.10	0.773 times
15 Fri Sep 2023	226.05	231.55	235.60	225.05	0.714 times
14 Thu Sep 2023	232.85	222.70	234.85	222.70	0.716 times
13 Wed Sep 2023	225.85	230.65	232.55	221.15	1.049 times
12 Tue Sep 2023	229.50	241.40	243.55	224.05	0.891 times
11 Mon Sep 2023	241.40	242.05	245.85	238.15	0.55 times
08 Fri Sep 2023	241.75	249.25	250.90	240.95	0.784 times
07 Thu Sep 2023	249.35	249.40	250.30	245.00	0.389 times
06 Wed Sep 2023	249.70	248.20	252.35	245.55	0.614 times
05 Tue Sep 2023	247.10	254.65	254.65	243.30	1.776 times

My analysis of stock is bearish for shortterm, and stock might move down till 219.4 or till 203.6. Use a stoploss of 232.53 and if the stock hits stoploss, then it can shoot up till 245.68

Share price targets for Finolex Ind (FinolexInd)

Target Type	Value
Downside Target	163.00
Downside Target	168.15
Downside Target	180.90
Downside Target	195.65
Downside Target	203.50
Downside Target	210.45
Downside Target	219.40
Upside Target	231.30
Upside Target	240.95
Upside Target	241.25
Upside Target	245.85
Upside Target	249.90
Upside Target	259.90

Intraday share price targets for Finolex Ind (FinolexInd)

Target Type	Value
Downside Intraday Target	223.63
Downside Intraday Target	220.27
Upside Intraday Target	230.83
Upside Intraday Target	234.67
Upside Intraday Target	227.47

Weekly technical analysis of Finolex Ind (FinolexInd)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Sep 2023	227.00	224.10	231.30	224.10	0.197 times
15 Fri Sep 2023	226.05	242.05	245.85	221.15	0.645 times
08 Fri Sep 2023	241.75	250.05	259.90	240.95	0.43 times
01 Fri Sep 2023	248.25	210.45	249.90	210.45	3.121 times
25 Fri Aug 2023	211.15	208.90	219.40	205.50	1.004 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
18 Mon Sep 2023	227.00	240.95	259.90	221.15	0.381 times
31 Thu Aug 2023	239.05	202.90	241.25	197.00	1.626 times
31 Mon Jul 2023	199.60	175.05	203.50	169.65	0.96 times
30 Fri Jun 2023	175.70	177.95	180.90	163.00	0.718 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 Finolex Ind (FinolexInd)

Price action analysis of Finolex Ind ( (FinolexInd) ) 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 Finolex Ind ( (FinolexInd) ) 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 Finolex Ind ( (FinolexInd) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Finolex Ind ( (FinolexInd) ) 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 Finolex Ind stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Finolex Ind in short term but the sell signal is initial and weak.

Finolex Ind 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Finolex Ind in short term and SELL signal is strong!

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 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 236.97 and Finolex Ind (FinolexInd) 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.