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(SouthLatex) South Latex complete technical analysis [charts+indicators] | Buy/Sell South Latex | (SouthLatex) share price targets

Complete technical analysis of South Latex (SouthLatex) by charts plus indicators, forecast predictions and share price targets for South Latex (SouthLatex)

Showing technical analysis as on 2022-04-28 View latest technical analysis

10 day averaged volume of South Latex is 654

Date Daily Closing Price Open High Low Volume
28 Thu Apr 2022 16.00 16.00 16.75 16.00 3.292 times
27 Wed Apr 2022 16.05 16.05 16.75 16.05 1.607 times
26 Tue Apr 2022 16.85 16.85 17.45 16.85 1.379 times
25 Mon Apr 2022 16.85 17.50 17.50 16.70 1.472 times
22 Fri Apr 2022 16.70 18.35 18.35 16.70 0.017 times
21 Thu Apr 2022 17.50 18.00 18.00 17.50 3.431 times
20 Wed Apr 2022 17.45 18.05 18.25 17.20 1.009 times
19 Tue Apr 2022 18.05 17.55 18.05 16.35 0.33 times
18 Mon Apr 2022 17.20 17.55 18.05 17.20 0.754 times
13 Wed Apr 2022 17.20 17.20 17.20 17.20 0.002 times

Stock of South Latex (SouthLatex) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 15.9, for a target of 16.5 or 16.94

Share price targets for South Latex (SouthLatex)

Target Type Value
Downside Target 15.20
Downside Target 16.00
Upside Target 17.00
Upside Target 18.00
Upside Target 18.35
Upside Target 18.50
Upside Target 20.25
Upside Target 24.10
Upside Target 28.50
Upside Target 33.50

Intraday share price targets for South Latex (SouthLatex)

Target Type Value
Downside Intraday Target 15.5
Downside Intraday Target 15
Upside Intraday Target 17
Upside Intraday Target 18
Upside Intraday Target 16.5

Weekly technical analysis of South Latex (SouthLatex)

Date Weekly Closing Price Open High Low Volume
28 Thu Apr 2022 16.00 17.50 17.50 16.00 1.399 times
22 Fri Apr 2022 16.70 17.55 18.35 16.35 11.396 times
13 Wed Apr 2022 17.20 16.45 17.20 16.45 0.286 times
08 Fri Apr 2022 16.75 17.35 17.35 16.45 0.104 times
01 Fri Apr 2022 17.00 16.00 17.00 15.20 4.28 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 South Latex (SouthLatex)

Date Monthly Closing Price Open High Low Volume
28 Thu Apr 2022 16.00 16.70 18.35 16.00 0.647 times
31 Thu Mar 2022 16.70 16.10 18.50 15.20 1.288 times
28 Mon Feb 2022 16.10 22.45 24.10 16.10 0.188 times
31 Mon Jan 2022 22.00 23.75 28.50 20.25 0.721 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 South Latex (SouthLatex)

Indicator Name Indicator Value Indicator Signal
ADX 15, 32, 35 Sell
MACD -1, -1Sell
Stochastics 8Sell
CCI -153Sell
RSI 49Sell
OBV -553Sell
VWAP 17Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of South Latex ( (SouthLatex) ) 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 South Latex ( (SouthLatex) ) 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 South Latex ( (SouthLatex) ) 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 South Latex ( (SouthLatex) ) 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 South Latex stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for South Latex in short term and the sell signal is strong.

South Latex 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 coming down

CCI has generated a SELL signal for South Latex in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 South Latex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 16.81 and South Latex (SouthLatex) 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 South Latex (SouthLatex) stock. Volume based technical analysis of South Latex (SouthLatex) stock is negative.

South Latex 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.

Click here for South Latex charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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