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(RefnolResin) Refnol Resin complete technical analysis [charts+indicators] | Buy/Sell Refnol Resin | (RefnolResin) share price targets

Complete technical analysis of Refnol Resin (RefnolResin) by charts plus indicators, forecast predictions and share price targets for Refnol Resin (RefnolResin)

10 day averaged volume of Refnol Resin is 1187

Date Daily Closing Price Open High Low Volume
31 Fri Mar 2023 79.93 73.12 79.99 73.12 1.194 times
29 Wed Mar 2023 76.95 75.00 76.95 75.00 0.679 times
28 Tue Mar 2023 75.78 80.00 80.00 74.72 5.778 times
27 Mon Mar 2023 78.65 80.00 81.85 77.17 0.274 times
24 Fri Mar 2023 80.00 83.80 83.80 78.28 0.491 times
23 Thu Mar 2023 79.81 79.81 79.81 79.81 0.347 times
22 Wed Mar 2023 76.01 81.40 81.40 76.01 0.136 times
21 Tue Mar 2023 77.53 73.56 79.97 73.55 0.244 times
20 Mon Mar 2023 77.06 77.06 83.67 77.06 0.243 times
17 Fri Mar 2023 79.71 75.18 79.90 75.18 0.915 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 79.9, but if it comes below 79.9, then a intra day sell could be more profitable.
If you take a sell trade below 79.9, then use 79.9 as stoploss and 77.12 as target. However if you take a buy trade in stock , then use 79.9 as stoploss and 83.2 as target.

Share price targets for Refnol Resin (RefnolResin)

Target Type Value
Downside Target 68.10
Downside Target 71.50
Downside Target 73.12
Upside Target 80.80
Upside Target 83.80
Upside Target 84.50
Upside Target 88.85
Upside Target 93.50
Upside Target 95.50
Upside Target 103.70
Upside Target 112.25

Intraday share price targets for Refnol Resin (RefnolResin)

Target Type Value
Downside Intraday Target 74.75
Downside Intraday Target 69.57
Upside Intraday Target 83.48
Upside Intraday Target 87.03
Downside Intraday Target 78.3

Weekly technical analysis of Refnol Resin (RefnolResin)

Date Weekly Closing Price Open High Low Volume
31 Fri Mar 2023 79.93 80.00 81.85 73.12 5.422 times
24 Fri Mar 2023 80.00 77.06 83.80 73.55 0.263 times
17 Fri Mar 2023 79.71 76.00 84.50 74.06 0.724 times
10 Fri Mar 2023 76.00 72.80 80.80 69.10 1.461 times
03 Fri Mar 2023 72.36 77.15 82.70 68.10 1.159 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 Refnol Resin (RefnolResin)

Date Monthly Closing Price Open High Low Volume
31 Fri Mar 2023 79.93 74.70 84.50 68.10 1.251 times
28 Tue Feb 2023 75.20 101.00 103.70 74.90 0.324 times
31 Tue Jan 2023 101.00 98.15 112.25 88.85 2.193 times
30 Fri Dec 2022 93.50 82.00 93.50 75.50 0.313 times

Scroll below to view daily charts

Price has moved up 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 Refnol Resin (RefnolResin)

Indicator Name Indicator Value Indicator Signal
ADX 25, 17, 20 Buy
MACD -3, -4Buy
Stochastics 38None
CCI -35Buy
RSI 45Sell
OBV 492Sell
VWAP 77Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Refnol Resin ( (RefnolResin) ) 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 Refnol Resin ( (RefnolResin) ) 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 Refnol Resin ( (RefnolResin) ) based on a short to mid term time period is

Price action analysis of Refnol Resin ( (RefnolResin) ) 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 Refnol Resin stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Refnol Resin in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Refnol Resin 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 weakening, and bulls are picking up momentum!

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 Refnol Resin in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Refnol Resin is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 77.18 and Refnol Resin (RefnolResin) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Refnol Resin (RefnolResin) stock. Volume based technical analysis of Refnol Resin (RefnolResin) stock is negative.

Refnol Resin Stock is giving positive 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 Refnol Resin charts

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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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