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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 2023-09-22 View latest technical analysis

10 day averaged volume of Finolex Ind is 81740

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	221.20	219.30	222.05	215.00	0.723 times
21 Thu Sep 2023	220.65	225.00	228.40	220.00	0.779 times
20 Wed Sep 2023	226.95	227.00	229.80	224.80	0.362 times
18 Mon Sep 2023	227.00	224.10	231.30	224.10	1.167 times
15 Fri Sep 2023	226.05	231.55	235.60	225.05	1.077 times
14 Thu Sep 2023	232.85	222.70	234.85	222.70	1.082 times
13 Wed Sep 2023	225.85	230.65	232.55	221.15	1.584 times
12 Tue Sep 2023	229.50	241.40	243.55	224.05	1.346 times
11 Mon Sep 2023	241.40	242.05	245.85	238.15	0.831 times
08 Fri Sep 2023	241.75	249.25	250.90	240.95	1.184 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 222.2, but if it comes above 222.2, then a intra day buy could be more profitable.
If you take a sell trade below 222.2, then use 222.2 as stoploss and 208.3 as target. However if you take a buy trade in stock , then use 222.2 as stoploss and 233.84 as target.

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	215.00
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	213.7
Downside Intraday Target	206.2
Upside Intraday Target	230
Upside Intraday Target	238.8
Upside Intraday Target	222.5

Weekly technical analysis of Finolex Ind (FinolexInd)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	221.20	224.10	231.30	215.00	0.512 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 down 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 Fri Sep 2023	221.20	240.95	259.90	215.00	0.419 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 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 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 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 Strong 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 getting stronger in this stock.

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 229.68 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.