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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 2022-09-05 View latest technical analysis

10 day averaged volume of South Latex is 882

Date Daily Closing Price Open High Low Volume
05 Mon Sep 2022 16.35 17.20 17.75 16.35 0.821 times
02 Fri Sep 2022 17.20 17.20 17.20 17.20 0.001 times
01 Thu Sep 2022 17.20 18.20 18.20 17.20 1.625 times
30 Tue Aug 2022 18.00 18.00 18.00 18.00 0.586 times
26 Fri Aug 2022 18.45 18.45 18.45 18.45 0.568 times
25 Thu Aug 2022 18.45 18.45 18.45 18.45 0.124 times
24 Wed Aug 2022 18.45 18.45 18.45 18.45 5.37 times
23 Tue Aug 2022 17.60 17.60 17.60 17.60 0.113 times
19 Fri Aug 2022 17.60 17.55 17.60 17.55 0.68 times
18 Thu Aug 2022 17.55 17.55 17.55 17.55 0.001 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16.4, but if it comes above 16.4, then a intra day buy could be more profitable.
If you take a sell trade below 16.4, then use 16.4 as stoploss and 15.3 as target. However if you take a buy trade in stock , then use 16.4 as stoploss and 17.25 as target.

Share price targets for South Latex (SouthLatex)

Target Type Value
Downside Target 11.05
Downside Target 12.10
Downside Target 14.88
Downside Target 15.40
Downside Target 16.00
Downside Target 16.35
Upside Target 16.80
Upside Target 17.20
Upside Target 17.55
Upside Target 18.20
Upside Target 18.45

Intraday share price targets for South Latex (SouthLatex)

Target Type Value
Downside Intraday Target 15.88
Downside Intraday Target 15.42
Upside Intraday Target 17.28
Upside Intraday Target 18.22
Upside Intraday Target 16.82

Weekly technical analysis of South Latex (SouthLatex)

Date Weekly Closing Price Open High Low Volume
05 Mon Sep 2022 16.35 17.20 17.75 16.35 0.371 times
02 Fri Sep 2022 17.20 18.00 18.20 17.20 0.358 times
26 Fri Aug 2022 18.45 17.60 18.45 17.60 3.841 times
19 Fri Aug 2022 17.60 17.70 18.45 17.55 0.035 times
12 Fri Aug 2022 17.60 17.00 17.60 16.80 30.318 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
05 Mon Sep 2022 16.35 18.20 18.20 16.35 0.044 times
30 Tue Aug 2022 18.00 16.50 18.45 15.40 4.226 times
29 Fri Jul 2022 16.15 14.88 17.70 14.88 0.702 times
30 Thu Jun 2022 14.18 12.64 14.93 11.05 2.915 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 25, 42, 25 Sell
MACD 1, 1Sell
Stochastics 0Sell
CCI -137Sell
RSI 46Sell
OBV 35856Sell
VWAP 18Sell
ADL 0Sell
ROC -11Sell
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 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 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 but the sell signal is initial and weak.

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 and selling is picking up 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 17.98 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 positive

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

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Daily charts

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Daily chart

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