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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 2023-01-20 View latest technical analysis

10 day averaged volume of South Latex is 218

Date Daily Closing Price Open High Low Volume
20 Fri Jan 2023 13.95 14.65 14.65 13.95 1.638 times
19 Thu Jan 2023 14.65 15.20 15.20 14.50 1.037 times
18 Wed Jan 2023 15.25 15.20 16.80 15.20 3.353 times
17 Tue Jan 2023 16.00 16.00 16.00 16.00 0.927 times
16 Mon Jan 2023 16.50 16.50 16.50 16.50 0.459 times
12 Thu Jan 2023 17.35 17.35 17.35 17.35 0.078 times
11 Wed Jan 2023 17.35 17.35 17.35 17.35 0.069 times
10 Tue Jan 2023 17.35 17.35 17.35 17.35 0.459 times
09 Mon Jan 2023 17.35 17.35 17.35 17.35 1.835 times
06 Fri Jan 2023 17.35 17.35 17.35 17.35 0.927 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 14.2, for a target of 15.8 or 17.1

Share price targets for South Latex (SouthLatex)

Target Type Value
Downside Target 13.95
Upside Target 16.35
Upside Target 16.80
Upside Target 17.70
Upside Target 19.05
Upside Target 19.20
Upside Target 19.40
Upside Target 20.35
Upside Target 21.60
Upside Target 22.70
Upside Target 23.00

Intraday share price targets for South Latex (SouthLatex)

Target Type Value
Downside Intraday Target 13
Downside Intraday Target 12.05
Upside Intraday Target 15.85
Upside Intraday Target 17.75
Upside Intraday Target 14.9

Weekly technical analysis of South Latex (SouthLatex)

Date Weekly Closing Price Open High Low Volume
20 Fri Jan 2023 13.95 16.50 16.80 13.95 3.038 times
12 Thu Jan 2023 17.35 17.35 17.35 17.35 0.914 times
06 Fri Jan 2023 17.35 17.50 17.70 17.35 0.871 times
30 Fri Dec 2022 17.00 19.20 19.20 17.00 1.621 times
23 Fri Dec 2022 19.40 19.40 19.40 19.40 0.742 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of South Latex (SouthLatex)

Date Monthly Closing Price Open High Low Volume
20 Fri Jan 2023 13.95 17.50 17.70 13.95 1.014 times
30 Fri Dec 2022 17.00 18.05 20.35 17.00 0.467 times
30 Wed Nov 2022 19.00 21.60 21.60 17.20 0.253 times
31 Mon Oct 2022 21.60 20.50 23.00 19.05 2.013 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 10, 57, 70 Sell
MACD -2, -1Sell
Stochastics 2Sell
CCI -151Sell
RSI 49Sell
OBV -2156Sell
VWAP 16Sell
ADL 0Sell
ROC -20Sell
Force Index 0Sell

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

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 below 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 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 15.77 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

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

Daily chart

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