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(ChennaiPet) Chennai Pet complete technical analysis [charts+indicators] | Buy/Sell Chennai Pet | (ChennaiPet) share price targets

Complete technical analysis of Chennai Pet (ChennaiPet) by charts plus indicators, forecast predictions and share price targets for Chennai Pet (ChennaiPet)

10 day averaged volume of Chennai Pet is 158149

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 894.50 913.50 932.50 864.25 0.682 times
07 Tue May 2024 913.10 978.95 989.40 907.05 0.577 times
06 Mon May 2024 971.75 1020.00 1025.95 966.90 0.771 times
03 Fri May 2024 1017.10 1032.95 1033.00 1013.00 0.214 times
02 Thu May 2024 1014.00 1027.05 1036.45 1006.05 0.344 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 902.5, but if it comes above 902.5, then a intra day buy could be more profitable.
If you take a sell trade below 902.5, then use 902.5 as stoploss and 828.5 as target. However if you take a buy trade in stock , then use 902.5 as stoploss and 964.12 as target.

Share price targets for Chennai Pet (ChennaiPet)

Target Type Value
Downside Target 693.00
Downside Target 745.25
Downside Target 810.50
Downside Target 850.05
Downside Target 885.85
Upside Target 907.95
Upside Target 943.05
Upside Target 1006.05
Upside Target 1025.95
Upside Target 1036.00
Upside Target 1036.45
Upside Target 1065.70
Upside Target 1122.90

Intraday share price targets for Chennai Pet (ChennaiPet)

Target Type Value
Downside Intraday Target 830.52
Downside Intraday Target 766.53
Upside Intraday Target 992.22
Upside Intraday Target 1089.93
Upside Intraday Target 928.23

Weekly technical analysis of Chennai Pet (ChennaiPet)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 894.50 1020.00 1025.95 864.25 1.38 times
03 Fri May 2024 1017.10 1065.70 1065.70 1006.05 0.218 times
26 Fri Apr 2024 1051.90 958.65 1122.90 914.55 4.049 times
19 Fri Apr 2024 941.75 850.05 965.50 850.05 1.775 times
12 Fri Apr 2024 895.55 945.00 953.00 885.85 0.647 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 Chennai Pet (ChennaiPet)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 894.50 1027.05 1036.45 864.25 0.221 times
30 Tue Apr 2024 1021.90 914.35 1122.90 850.05 1.638 times
28 Thu Mar 2024 906.65 885.05 943.05 745.25 0.491 times
29 Thu Feb 2024 883.85 850.15 1036.00 810.50 0.774 times

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 Chennai Pet (ChennaiPet)

Indicator Name Indicator Value Indicator Signal
ADX 15, 35, 39 Sell
MACD 29, 48Sell
Stochastics 14Sell
CCI -179Sell
RSI 54Buy
OBV 66824Sell
VWAP 1034Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Chennai Pet ( (ChennaiPet) ) 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 Chennai Pet ( (ChennaiPet) ) 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 Chennai Pet ( (ChennaiPet) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Chennai Pet ( (ChennaiPet) ) based on a mid to longer 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

ADX buy sell signal for Chennai Pet stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Chennai Pet in short term but the sell signal is initial and weak.

Chennai Pet Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a SELL signal for Chennai Pet in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Chennai Pet is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1034.45 and Chennai Pet (ChennaiPet) 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 Chennai Pet (ChennaiPet) stock. Volume based technical analysis of Chennai Pet (ChennaiPet) stock is negative.

Chennai Pet Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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