Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(TexmacoRail) Texmaco Rail complete technical analysis [charts+indicators] | Buy/Sell Texmaco Rail | (TexmacoRail) share price targets

Complete technical analysis of Texmaco Rail (TexmacoRail) by charts plus indicators, forecast predictions and share price targets for Texmaco Rail (TexmacoRail)

10 day averaged volume of Texmaco Rail is 245242

Date Daily Closing Price Open High Low Volume
17 Fri Mar 2023 44.01 43.25 44.75 43.25 0.402 times
16 Thu Mar 2023 43.32 42.84 43.68 41.50 1.138 times
15 Wed Mar 2023 43.12 43.13 44.95 42.70 0.67 times
14 Tue Mar 2023 42.93 42.71 43.40 42.20 1.145 times
13 Mon Mar 2023 43.24 45.61 45.74 43.09 0.832 times
10 Fri Mar 2023 45.61 45.85 46.40 44.84 1.213 times
09 Thu Mar 2023 45.86 45.80 46.65 45.41 0.482 times
08 Wed Mar 2023 46.04 44.76 46.24 44.32 0.434 times
06 Mon Mar 2023 44.81 44.89 45.74 44.65 0.994 times
03 Fri Mar 2023 44.70 45.44 45.45 44.60 1.005 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 43.5 as stoploss in an intra day buy trade for a target of 44.86. However, stock will show a bearish move below 43.5.

Share price targets for Texmaco Rail (TexmacoRail)

Target Type Value
Downside Target 41.50
Downside Target 43.10
Upside Target 44.32
Upside Target 45.74
Upside Target 48.10
Upside Target 48.35
Upside Target 51.25
Upside Target 52.65
Upside Target 57.45
Upside Target 61.65
Upside Target 62.10
Upside Target 65.30

Intraday share price targets for Texmaco Rail (TexmacoRail)

Target Type Value
Downside Intraday Target 41.76
Downside Intraday Target 39.51
Upside Intraday Target 46
Upside Intraday Target 47.99
Downside Intraday Target 43.75

Weekly technical analysis of Texmaco Rail (TexmacoRail)

Date Weekly Closing Price Open High Low Volume
17 Fri Mar 2023 44.01 45.61 45.74 41.50 1.341 times
10 Fri Mar 2023 45.61 44.89 46.65 44.32 0.535 times
03 Fri Mar 2023 44.70 44.25 48.10 43.35 1.116 times
24 Fri Feb 2023 45.05 48.25 48.25 43.10 0.729 times
17 Fri Feb 2023 48.05 50.75 51.25 46.15 2.163 times

Price has moved down 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 Texmaco Rail (TexmacoRail)

Date Monthly Closing Price Open High Low Volume
17 Fri Mar 2023 44.01 44.20 48.10 41.50 0.474 times
28 Tue Feb 2023 44.20 57.45 57.45 43.10 1.061 times
31 Tue Jan 2023 56.35 56.50 61.65 52.65 0.545 times
30 Fri Dec 2022 56.65 60.40 62.10 47.10 0.653 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 Texmaco Rail (TexmacoRail)

Indicator Name Indicator Value Indicator Signal
ADX 25, 27, 4 Sell
MACD -4, -4Buy
Stochastics 31None
CCI -30Buy
RSI 45Sell
OBV -932534Sell
VWAP 44Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Texmaco Rail ( (TexmacoRail) ) 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 Texmaco Rail ( (TexmacoRail) ) 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 Texmaco Rail ( (TexmacoRail) ) based on a short to mid term time period is

Price action analysis of Texmaco Rail ( (TexmacoRail) ) 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 Texmaco Rail stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Texmaco Rail 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.

Texmaco Rail 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Texmaco Rail 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Texmaco Rail is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.24 and Texmaco Rail (TexmacoRail) 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 Texmaco Rail (TexmacoRail) stock. Volume based technical analysis of Texmaco Rail (TexmacoRail) stock is negative.

Texmaco Rail 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.

Click here for Texmaco Rail charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme