Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-10-27 View latest technical analysis

10 day averaged volume of South Latex is 2059

Date Daily Closing Price Open High Low Volume
27 Thu Oct 2022 22.50 20.45 22.55 20.45 0.281 times
25 Tue Oct 2022 21.50 22.25 22.25 21.50 0.033 times
24 Mon Oct 2022 22.25 22.25 22.25 22.25 0.069 times
21 Fri Oct 2022 21.20 21.20 21.20 21.20 0 times
20 Thu Oct 2022 20.20 20.20 20.20 20.20 0.097 times
18 Tue Oct 2022 19.25 19.25 19.45 19.25 9.734 times
14 Fri Oct 2022 19.50 20.00 20.00 19.50 0.05 times
12 Wed Oct 2022 19.05 19.05 19.05 19.05 0.005 times
11 Tue Oct 2022 19.05 19.05 19.05 19.05 0.001 times
10 Mon Oct 2022 19.05 19.05 19.05 19.05 0.001 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 22.6, for a target of 21.3 or 20.31

Share price targets for South Latex (SouthLatex)

Target Type Value
Downside Target 11.05
Downside Target 14.88
Downside Target 15.40
Downside Target 16.35
Downside Target 17.70
Downside Target 18.45
Downside Target 19.05
Downside Target 19.95
Downside Target 20.45
Downside Target 20.90
Downside Target 21.20
Upside Target 22.55
Upside Target 22.70

Intraday share price targets for South Latex (SouthLatex)

Target Type Value
Downside Intraday Target 21.12
Downside Intraday Target 19.73
Upside Intraday Target 23.22
Upside Intraday Target 23.93
Downside Intraday Target 21.83

Weekly technical analysis of South Latex (SouthLatex)

Date Weekly Closing Price Open High Low Volume
27 Thu Oct 2022 22.50 22.25 22.55 20.45 0.039 times
21 Fri Oct 2022 21.20 19.25 21.20 19.25 173.017 times
14 Fri Oct 2022 19.50 19.05 20.00 19.05 0.131 times
07 Fri Oct 2022 19.05 20.50 20.90 19.05 0.807 times
30 Fri Sep 2022 20.90 20.60 20.90 19.95 0.21 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 South Latex (SouthLatex)

Date Monthly Closing Price Open High Low Volume
27 Thu Oct 2022 22.50 20.50 22.55 19.05 1.952 times
30 Fri Sep 2022 20.90 18.20 22.70 16.35 0.228 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of South Latex (SouthLatex)

Indicator Name Indicator Value Indicator Signal
ADX 43, 36, 8 Buy
MACD 1, 1Buy
Stochastics 92Buy
CCI 88Buy
RSI 53Buy
OBV -20501Sell
VWAP 19Buy
ADL 0Sell
ROC 18Buy
Force Index 0Sell

Price action analysis of South Latex ( (SouthLatex) ) based on a short 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 short term time period is

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

ADX buy sell signal for South Latex stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for South Latex in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

South Latex Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for South Latex in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 19.38 and South Latex (SouthLatex) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme