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(FinolexInd) Finolex Ind complete technical analysis [charts+indicators] | Buy/Sell Finolex Ind | (FinolexInd) share price targets

Complete technical analysis of Finolex Ind (FinolexInd) by charts plus indicators, forecast predictions and share price targets for Finolex Ind (FinolexInd)

10 day averaged volume of Finolex Ind is 113469

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 284.10 273.95 286.50 269.10 1.072 times
06 Mon May 2024 272.30 271.05 274.50 268.60 0.959 times
03 Fri May 2024 270.90 270.70 277.00 267.25 0.655 times
02 Thu May 2024 268.50 267.00 271.25 265.00 0.212 times
30 Tue Apr 2024 266.25 270.95 273.15 264.90 0.716 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 285, for a target of 272.2 or 261.51

Share price targets for Finolex Ind (FinolexInd)

Target Type Value
Downside Target 203.65
Downside Target 229.75
Downside Target 239.55
Downside Target 247.60
Downside Target 264.90
Downside Target 265.00
Downside Target 268.60
Downside Target 278.15
Downside Target 279.50
Upside Target 286.50

Intraday share price targets for Finolex Ind (FinolexInd)

Target Type Value
Downside Intraday Target 272.97
Downside Intraday Target 261.83
Upside Intraday Target 290.87
Upside Intraday Target 297.63
Downside Intraday Target 279.73

Weekly technical analysis of Finolex Ind (FinolexInd)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 284.10 271.05 286.50 268.60 0.878 times
03 Fri May 2024 270.90 278.15 278.15 264.90 0.393 times
26 Fri Apr 2024 273.20 252.55 279.50 247.85 2.188 times
19 Fri Apr 2024 252.00 243.45 257.60 239.55 0.697 times
12 Fri Apr 2024 248.40 255.00 264.90 247.60 0.669 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 Finolex Ind (FinolexInd)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 284.10 267.00 286.50 265.00 0.148 times
30 Tue Apr 2024 266.25 244.55 279.50 239.55 0.914 times
28 Thu Mar 2024 246.65 218.25 252.90 203.65 0.345 times
29 Thu Feb 2024 218.45 223.55 229.75 210.10 1.945 times

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 Finolex Ind (FinolexInd)

Indicator Name Indicator Value Indicator Signal
ADX 35, 10, 57 Buy
MACD 19, 17Buy
Stochastics 82Buy
CCI 154Buy
RSI 61Buy
OBV 780042Sell
VWAP 273Buy
ADL 0Sell
ROC 14Buy
Force Index 0Sell

Price action analysis of Finolex Ind ( (FinolexInd) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Finolex Ind ( (FinolexInd) ) 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 Finolex Ind ( (FinolexInd) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Finolex Ind ( (FinolexInd) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Finolex Ind stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Finolex Ind in short term and the buy signal is strong.

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

Finolex Ind Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 Finolex Ind in short term and BUY 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 Finolex Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 272.89 and Finolex Ind (FinolexInd) 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 Finolex Ind (FinolexInd) stock. Volume based technical analysis of Finolex Ind (FinolexInd) stock is negative.

Finolex Ind Stock is giving positive 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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