(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 2022-05-18 View latest technical analysis
10 day averaged volume of South Latex is 570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed May 2022 | 13.50 | 13.75 | 14.10 | 13.50 | 0.456 times |
| 17 Tue May 2022 | 13.75 | 14.25 | 14.25 | 13.75 | 1.174 times |
| 16 Mon May 2022 | 14.45 | 14.45 | 14.45 | 14.45 | 0.023 times |
| 13 Fri May 2022 | 14.45 | 14.45 | 14.45 | 14.45 | 0.289 times |
| 12 Thu May 2022 | 14.45 | 14.45 | 14.45 | 14.45 | 0.525 times |
| 11 Wed May 2022 | 15.20 | 15.20 | 15.20 | 15.20 | 0.018 times |
| 10 Tue May 2022 | 16.00 | 15.20 | 16.00 | 15.20 | 0.016 times |
| 09 Mon May 2022 | 15.95 | 15.95 | 15.95 | 15.95 | 1.8 times |
| 06 Fri May 2022 | 15.20 | 15.20 | 15.20 | 15.20 | 2.712 times |
| 04 Wed May 2022 | 16.00 | 14.50 | 16.00 | 14.50 | 0.896 times |
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 13.1, for a target of 14.6 or 15.84
Share price targets for South Latex (SouthLatex)
| Target Type | Value |
| Downside Target | 13.50 |
| Upside Target | 14.45 |
| Upside Target | 15.20 |
| Upside Target | 16.00 |
| Upside Target | 16.35 |
| Upside Target | 17.50 |
| Upside Target | 18.35 |
| Upside Target | 18.50 |
| Upside Target | 20.25 |
| Upside Target | 24.10 |
| Upside Target | 28.50 |
Intraday share price targets for South Latex (SouthLatex)
| Target Type | Value |
| Downside Intraday Target | 13.18 |
| Downside Intraday Target | 12.87 |
| Upside Intraday Target | 14.13 |
| Upside Intraday Target | 14.77 |
| Upside Intraday Target | 13.82 |
Weekly technical analysis of South Latex (SouthLatex)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed May 2022 | 13.50 | 14.45 | 14.45 | 13.50 | 0.624 times |
| 13 Fri May 2022 | 14.45 | 15.95 | 16.00 | 14.45 | 0.734 times |
| 06 Fri May 2022 | 15.20 | 14.50 | 16.00 | 14.50 | 0.315 times |
| 29 Fri Apr 2022 | 15.25 | 17.50 | 17.50 | 15.25 | 1.799 times |
| 22 Fri Apr 2022 | 16.70 | 17.55 | 18.35 | 16.35 | 11.396 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 |
| 18 Wed May 2022 | 13.50 | 14.50 | 16.00 | 13.50 | 0.389 times |
| 29 Fri Apr 2022 | 15.25 | 16.70 | 18.35 | 15.25 | 0.739 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 |
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 | 12, 48, 60 | Sell |
| MACD | -2, -1 | Sell |
| Stochastics | 0 | Sell |
| CCI | -116 | Sell |
| RSI | 47 | Sell |
| OBV | -3141 | Sell |
| VWAP | 15 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
Price action analysis of South Latex ( (SouthLatex) ) based on a short term time period is
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 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 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 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 15.07 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.
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