(KgPetrochem) Kg Petrochem complete technical analysis [charts+indicators] | Buy/Sell Kg Petrochem | (KgPetrochem) share price targets
Complete technical analysis of Kg Petrochem (KgPetrochem) by charts plus indicators, forecast predictions and share price targets for Kg Petrochem (KgPetrochem)
Showing technical analysis as on 2021-12-30 View latest technical analysis
10 day averaged volume of Kg Petrochem is 603
|Date||Daily Closing Price||Open||High||Low||Volume|
|30 Thu Dec 2021||301.10||314.95||314.95||301.00||0.479 times|
|29 Wed Dec 2021||299.00||297.05||300.05||297.05||0.579 times|
|28 Tue Dec 2021||303.95||288.60||329.95||288.60||0.554 times|
|27 Mon Dec 2021||300.50||314.95||314.95||292.10||0.507 times|
|24 Fri Dec 2021||298.00||300.00||310.00||297.05||0.431 times|
|23 Thu Dec 2021||301.00||320.00||320.00||300.00||2.418 times|
|22 Wed Dec 2021||296.45||339.00||339.00||296.00||1.245 times|
|21 Tue Dec 2021||297.85||319.00||319.00||296.00||0.751 times|
|20 Mon Dec 2021||300.45||306.55||327.90||300.00||3.332 times|
|17 Fri Dec 2021||337.05||311.50||337.15||311.50||0.161 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 295.8 as stoploss in an intra day buy trade for a target of 313.1. However, stock will show a bearish move below 295.8.
Share price targets for Kg Petrochem (KgPetrochem)
Intraday share price targets for Kg Petrochem (KgPetrochem)
|Downside Intraday Target||283.15|
|Downside Intraday Target||265.2|
|Upside Intraday Target||324.5|
|Upside Intraday Target||347.9|
|Upside Intraday Target||306.55|
Weekly technical analysis of Kg Petrochem (KgPetrochem)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|30 Thu Dec 2021||301.10||314.95||329.95||288.60||0.259 times|
|24 Fri Dec 2021||298.00||306.55||339.00||296.00||8.458 times|
|17 Fri Dec 2021||337.05||340.00||354.70||311.50||0.489 times|
|10 Fri Dec 2021||340.00||317.70||346.00||293.55||0.661 times|
|03 Fri Dec 2021||290.40||301.50||319.70||286.00||0.498 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 Kg Petrochem (KgPetrochem)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|30 Thu Dec 2021||301.10||296.00||354.70||286.00||0.556 times|
|30 Tue Nov 2021||305.00||398.40||439.90||291.00||1.927 times|
|29 Fri Oct 2021||377.95||390.00||443.50||353.60||0.731 times|
|30 Thu Sep 2021||375.90||405.00||419.90||352.25||0.356 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 Kg Petrochem (KgPetrochem)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||22, 11, 32||Buy|
Price action analysis of Kg Petrochem ( (KgPetrochem) ) 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 Kg Petrochem ( (KgPetrochem) ) 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 Kg Petrochem ( (KgPetrochem) ) 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 Kg Petrochem ( (KgPetrochem) ) 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 Kg Petrochem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Kg Petrochem 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.
Kg Petrochem 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Kg Petrochem 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 Kg Petrochem is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 300.51 and Kg Petrochem (KgPetrochem) 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 Kg Petrochem (KgPetrochem) stock. Volume based technical analysis of Kg Petrochem (KgPetrochem) stock is negative.
Kg Petrochem 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.