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 2023-05-12 View latest technical analysis

10 day averaged volume of South Latex is 287

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri May 2023	16.38	16.38	16.38	16.38	0.226 times
11 Thu May 2023	16.40	16.40	16.40	16.40	0.003 times
10 Wed May 2023	16.40	16.40	16.40	16.40	0.174 times
09 Tue May 2023	16.72	17.25	17.25	16.40	1.293 times
08 Mon May 2023	17.25	18.00	18.00	17.25	5.23 times
05 Fri May 2023	18.15	18.15	18.15	18.15	0.223 times
04 Thu May 2023	18.15	18.15	18.15	18.15	0.105 times
02 Tue May 2023	19.10	19.10	19.10	19.10	0.627 times
28 Fri Apr 2023	19.62	19.35	20.60	19.35	0.181 times
27 Thu Apr 2023	19.70	19.50	19.70	19.50	1.704 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17, but if it comes above 17, then a intra day buy could be more profitable.
If you take a sell trade below 17, then use 17 as stoploss and 15.6 as target. However if you take a buy trade in stock , then use 17 as stoploss and 18.09 as target.

Share price targets for South Latex (SouthLatex)

Target Type	Value
Downside Target	13.95
Downside Target	14.65
Downside Target	16.25
Upside Target	17.10
Upside Target	17.58
Upside Target	18.15
Upside Target	19.10
Upside Target	19.50
Upside Target	20.60
Upside Target	20.75

Intraday share price targets for South Latex (SouthLatex)

Target Type	Value
Downside Intraday Target	15.84
Downside Intraday Target	15.3
Upside Intraday Target	17.46
Upside Intraday Target	18.54
Upside Intraday Target	16.92

Weekly technical analysis of South Latex (SouthLatex)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri May 2023	16.38	18.00	18.00	16.38	7.255 times
05 Fri May 2023	18.15	19.10	19.10	18.15	0.241 times
28 Fri Apr 2023	19.62	17.58	20.60	17.58	0.871 times
21 Fri Apr 2023	18.50	18.00	20.75	17.10	0.508 times
13 Thu Apr 2023	17.25	17.73	19.50	17.12	1.716 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
12 Fri May 2023	16.38	19.10	19.10	16.38	0.348 times
28 Fri Apr 2023	19.62	18.18	20.75	16.25	0.293 times
31 Fri Mar 2023	17.32	17.50	18.15	16.50	4.965 times
28 Tue Feb 2023	17.60	17.50	18.00	14.65	0.874 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)

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 Weak and stock is losing 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 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 BUY signal in short term and the buying is gaining 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 17.76 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.