Stock analysis Supreme Petrochem Limited SPLPETRO
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Recent prices of SPLPETRO Supreme Petrochem Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 10 Fri Jan 2025 | 636.80 | 635.00 to 661.60 | -3.24% | 0.77 times |
| 09 Thu Jan 2025 | 658.10 | 645.55 to 661.00 | 1.04% | 1.49 times |
| 08 Wed Jan 2025 | 651.30 | 649.50 to 663.10 | -1.06% | 0.76 times |
| 07 Tue Jan 2025 | 658.25 | 643.70 to 664.90 | 1.33% | 0.65 times |
| 06 Mon Jan 2025 | 649.60 | 645.10 to 667.00 | -1.2% | 1.73 times |
| 03 Fri Jan 2025 | 657.50 | 652.00 to 678.50 | -0.97% | 0.59 times |
| 02 Thu Jan 2025 | 663.95 | 659.95 to 679.80 | -0.68% | 0.82 times |
| 01 Wed Jan 2025 | 668.50 | 653.20 to 672.00 | 0.47% | 1.03 times |
| 31 Tue Dec 2024 | 665.40 | 650.00 to 668.75 | 1.87% | 0.68 times |
| 30 Mon Dec 2024 | 653.20 | 650.00 to 679.00 | -2.51% | 1.35 times |
| 27 Fri Dec 2024 | 670.05 | 668.00 to 691.55 | -3.49% | 0.9 times |
| 26 Thu Dec 2024 | 694.25 | 691.00 to 703.05 | -0.73% | 0.33 times |
Technical analysis forecast for Supreme Petrochem 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 Supreme Petrochem Limited SPLPETRO at this time. Stock is falling and might fall more.
It appears as if Supreme Petrochem Limited SPLPETRO gave a large move recently.
Stock of Supreme Petrochem Limited (SPLPETRO) 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 Supreme Petrochem Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Supreme Petrochem Limited stays below 650.4, but if it comes above 650.4, then a intra day buy could be more profitable.
If you take a sell trade below 650.4, then use 650.4 as stoploss and 617.2 as target. However if you take a buy trade in Supreme Petrochem Limited, then use 650.4 as stoploss and 678 as target.