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Stock analysis Southern Petrochemicals Industries Corporation Limited SPIC

More indepth analysis on MunafaSutra.com

Moving Averages for Southern Petrochemicals Industries Corporation Limited

  • 5Day Average: 72.74
  • 12Day Average: 73.72
  • 20Day Average: 74.74
  • 50Day Average: 75.91
  • 100Day Average: 80.41
  • 150Day Average: 81.96
  • 200Day Average: 80.73

SPIC Indicators & signals

Indicator MACD (12,26,9)

73.65, 74.72, -0.81
Indicator MACD is in negative zone

Indicator ADX (14)

17.86, 18.47, 26.51
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SPIC Southern Petrochemicals Industries Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 70.70 70.55 to 73.67 -3.11% 1.09 times
09 Thu Jan 2025 72.97 72.50 to 76.11 -0.75% 1.39 times
08 Wed Jan 2025 73.52 72.41 to 74.64 -1.26% 0.91 times
07 Tue Jan 2025 74.46 72.79 to 75.35 3.33% 1.61 times
06 Mon Jan 2025 72.06 71.97 to 76.25 -4.92% 0.83 times
03 Fri Jan 2025 75.79 75.42 to 76.47 0.21% 0.55 times
02 Thu Jan 2025 75.63 75.26 to 76.48 0.49% 0.89 times
01 Wed Jan 2025 75.26 73.11 to 75.92 3.01% 1.2 times
31 Tue Dec 2024 73.06 72.42 to 73.60 0.63% 1.26 times
30 Mon Dec 2024 72.60 72.18 to 74.45 -1.67% 0.85 times
27 Fri Dec 2024 73.83 73.61 to 75.75 -1.22% 0.51 times
26 Thu Dec 2024 74.74 74.03 to 75.24 0.35% 0.45 times

Technical analysis forecast for Southern Petrochemicals Industries Corporation Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Southern Petrochemicals Industries Corporation Limited SPIC at this time. Stock is falling and might fall more.

It appears as if Southern Petrochemicals Industries Corporation Limited SPIC gave a large move recently.

Stock of Southern Petrochemicals Industries Corporation Limited (SPIC) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Southern Petrochemicals Industries Corporation Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Southern Petrochemicals Industries Corporation Limited stays below 72.2, but if it comes above 72.2, then a intra day buy could be more profitable.
If you take a sell trade below 72.2, then use 72.2 as stoploss and 69.7 as target. However if you take a buy trade in Southern Petrochemicals Industries Corporation Limited, then use 72.2 as stoploss and 74.33 as target.

More indepth analysis on MunafaSutra.com