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(SuratText) Surat Text complete technical analysis [charts+indicators] | Buy/Sell Surat Text | (SuratText) share price targets

Complete technical analysis of Surat Text (SuratText) by charts plus indicators, forecast predictions and share price targets for Surat Text (SuratText)

Showing technical analysis as on 2022-05-16 View latest technical analysis

10 day averaged volume of Surat Text is 373832

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 12.98 13.20 13.20 12.60 0.7 times
13 Fri May 2022 12.94 12.70 13.29 12.21 1.061 times
12 Thu May 2022 12.70 13.10 13.25 12.70 0.448 times
11 Wed May 2022 13.36 13.75 13.90 12.75 2 times
10 Tue May 2022 13.24 13.24 13.24 13.01 0.449 times
09 Mon May 2022 12.61 12.50 12.98 11.80 1.632 times
06 Fri May 2022 12.37 13.18 13.18 12.30 1.397 times
05 Thu May 2022 12.94 13.50 13.80 12.75 0.768 times
04 Wed May 2022 13.31 14.20 14.20 13.27 0.884 times
02 Mon May 2022 13.96 14.20 14.20 13.60 0.619 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 12.9 as stoploss in an intra day buy trade for a target of 13.89. However, stock will show a bearish move below 12.9.

Share price targets for Surat Text (SuratText)

Target Type Value
Downside Target 11.55
Downside Target 11.80
Downside Target 12.30
Upside Target 13.20
Upside Target 13.50
Upside Target 13.90
Upside Target 14.20
Upside Target 14.75
Upside Target 15.40
Upside Target 16.10
Upside Target 16.80
Upside Target 18.75
Upside Target 22.10
Upside Target 26.25
Upside Target 34.15

Intraday share price targets for Surat Text (SuratText)

Target Type Value
Downside Intraday Target 12.65
Downside Intraday Target 12.33
Upside Intraday Target 13.25
Upside Intraday Target 13.53
Downside Intraday Target 12.93

Weekly technical analysis of Surat Text (SuratText)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 12.98 13.20 13.20 12.60 0.125 times
13 Fri May 2022 12.94 12.50 13.90 11.80 1.524 times
06 Fri May 2022 12.37 14.20 14.20 12.30 0.666 times
29 Fri Apr 2022 14.05 15.40 15.40 13.50 1.016 times
22 Fri Apr 2022 15.25 16.05 16.10 14.75 1.468 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 Surat Text (SuratText)

Date Monthly Closing Price Open High Low Volume
16 Mon May 2022 12.98 14.20 14.20 11.80 0.354 times
29 Fri Apr 2022 14.05 15.50 16.80 13.50 0.599 times
31 Thu Mar 2022 16.03 11.78 18.75 11.55 1.281 times
28 Mon Feb 2022 12.40 26.25 26.25 12.40 0.416 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 Surat Text (SuratText)

Indicator Name Indicator Value Indicator Signal
ADX 12, 28, 39 Sell
MACD -1, -1Sell
Stochastics 44None
CCI -31Buy
RSI 47Sell
OBV -1372332Sell
VWAP 13Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Surat Text ( (SuratText) ) 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 Surat Text ( (SuratText) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Surat Text ( (SuratText) ) 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 Surat Text ( (SuratText) ) 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 Surat Text stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Surat Text 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.

Surat Text Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

CCI has generated a buy signal for Surat Text 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 Surat Text is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.99 and Surat Text (SuratText) 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 Surat Text (SuratText) stock. Volume based technical analysis of Surat Text (SuratText) stock is negative.

Surat Text 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.

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Daily charts

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Daily chart

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