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(KITEX) Kitex Garments complete technical analysis [charts+indicators] | Buy/Sell Kitex Garments | (KITEX) share price targets

Complete technical analysis of Kitex Garments (KITEX) by charts plus indicators, forecast predictions and share price targets for Kitex Garments (KITEX)

10 day averaged volume of Kitex Garments is 866120

Date Daily Closing Price Open High Low Volume
20 Fri Sep 2024 483.05 455.00 483.05 441.55 0.661 times
19 Thu Sep 2024 461.55 497.25 497.25 461.55 0.584 times
18 Wed Sep 2024 485.85 520.00 520.00 483.85 1.061 times
17 Tue Sep 2024 509.30 528.85 540.05 504.05 0.627 times
16 Mon Sep 2024 530.55 520.00 542.00 503.05 1.025 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 497.6 as stoploss in an intra day sell trade for a target of 440.79. However, stock will show a bullish move above 497.6.

Share price targets for Kitex Garments (KITEX)

Target Type Value
Downside Target 177.00
Downside Target 194.00
Downside Target 208.00
Downside Target 219.40
Downside Target 228.85
Downside Target 239.25
Downside Target 325.15
Downside Target 353.60
Downside Target 384.75
Downside Target 393.85
Downside Target 441.55
Downside Target 460.25
Downside Target 467.60
Upside Target 516.30
Upside Target 542.00

Intraday share price targets for Kitex Garments (KITEX)

Target Type Value
Downside Intraday Target 435.73
Downside Intraday Target 388.42
Upside Intraday Target 536.18
Upside Intraday Target 589.32
Upside Intraday Target 488.87

Weekly technical analysis of Kitex Garments (KITEX)

Date Weekly Closing Price Open High Low Volume
20 Fri Sep 2024 483.05 520.00 542.00 441.55 0.655 times
13 Fri Sep 2024 516.30 466.85 516.30 460.25 0.645 times
06 Fri Sep 2024 465.15 371.00 467.60 356.35 3.352 times
30 Fri Aug 2024 367.02 383.70 384.75 353.60 0.119 times
23 Fri Aug 2024 382.33 328.40 393.85 325.15 0.966 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 Kitex Garments (KITEX)

Date Monthly Closing Price Open High Low Volume
20 Fri Sep 2024 483.05 371.00 542.00 356.35 0.298 times
30 Fri Aug 2024 367.02 235.40 393.85 209.42 7.697 times
31 Wed Jul 2024 234.18 210.80 239.25 208.00 2.024 times
28 Fri Jun 2024 209.34 209.10 219.40 177.00 1.03 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 Kitex Garments (KITEX)

Indicator Name Indicator Value Indicator Signal
ADX 31, 20, 21 Buy
MACD 93, 98Sell
Stochastics 45None
CCI -82Sell
RSI 59Buy
OBV 10029833Sell
VWAP 490Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Kitex Garments ( (KITEX) ) 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 Kitex Garments ( (KITEX) ) based on a short 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

Price action analysis of Kitex Garments ( (KITEX) ) 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 Kitex Garments ( (KITEX) ) 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 Kitex Garments stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Kitex Garments 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 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 SELL signal for Kitex Garments 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 Kitex Garments is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 489.64 and Kitex Garments (KITEX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Kitex Garments (KITEX) stock. Volume based technical analysis of Kitex Garments (KITEX) stock is negative.

Kitex Garments 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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