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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 2023-01-24 View latest technical analysis

10 day averaged volume of South Latex is 277

Date Daily Closing Price Open High Low Volume
24 Tue Jan 2023 15.30 15.30 15.30 15.30 1.736 times
23 Mon Jan 2023 14.60 14.60 14.60 14.60 2.235 times
20 Fri Jan 2023 13.95 14.65 14.65 13.95 1.289 times
19 Thu Jan 2023 14.65 15.20 15.20 14.50 0.816 times
18 Wed Jan 2023 15.25 15.20 16.80 15.20 2.639 times
17 Tue Jan 2023 16.00 16.00 16.00 16.00 0.729 times
16 Mon Jan 2023 16.50 16.50 16.50 16.50 0.361 times
12 Thu Jan 2023 17.35 17.35 17.35 17.35 0.061 times
11 Wed Jan 2023 17.35 17.35 17.35 17.35 0.054 times
10 Tue Jan 2023 17.35 17.35 17.35 17.35 0.361 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.4, but if it comes above 15.4, then a intra day buy could be more profitable.
If you take a sell trade below 15.4, then use 15.4 as stoploss and 14 as target. However if you take a buy trade in stock , then use 15.4 as stoploss and 16.66 as target.

Share price targets for South Latex (SouthLatex)

Target Type Value
Downside Target 13.95
Downside Target 14.60
Downside Target 15.30
Upside Target 16.35
Upside Target 16.80
Upside Target 17.70
Upside Target 19.05
Upside Target 19.20
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 14.83
Downside Intraday Target 14.37
Upside Intraday Target 15.53
Upside Intraday Target 15.77
Downside Intraday Target 15.07

Weekly technical analysis of South Latex (SouthLatex)

Date Weekly Closing Price Open High Low Volume
24 Tue Jan 2023 15.30 14.60 15.30 14.60 0.681 times
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

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
24 Tue Jan 2023 15.30 17.50 17.70 13.95 1.423 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 23, 43, 31 Sell
MACD -2, -1Sell
Stochastics 20Sell
CCI -41Buy
RSI 49Sell
OBV -1056Sell
VWAP 15Buy
ADL 0Sell
ROC -12Sell
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 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 losing momentum.

MACD generated a SELL signal for South Latex in short term and the sell 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 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 moving up

CCI has generated a buy signal for South Latex in short term but BUY signal is weak.

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 15.1 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 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

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Daily charts

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Daily chart

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