(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)
Intraday share price targets for Surat Text (SuratText)
|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|
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.