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(SETCO_BE) Setco Automotive complete technical analysis [charts+indicators] | Buy/Sell Setco Automotive | (SETCO_BE) share price targets

Complete technical analysis of Setco Automotive (SETCO_BE) by charts plus indicators, forecast predictions and share price targets for Setco Automotive (SETCO_BE)

10 day averaged volume of Setco Automotive is 30784

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 10.70 10.70 10.70 10.70 1.956 times
30 Thu May 2024 10.50 10.65 10.65 10.50 0.716 times
29 Wed May 2024 10.70 10.70 10.70 10.70 0.61 times
28 Tue May 2024 10.90 10.85 10.90 10.80 2.059 times
27 Mon May 2024 11.00 11.00 11.00 11.00 0.302 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.9, but if it comes above 10.9, then a intra day buy could be more profitable.
If you take a sell trade below 10.9, then use 10.9 as stoploss and 10 as target. However if you take a buy trade in stock , then use 10.9 as stoploss and 11.62 as target.

Share price targets for Setco Automotive (SETCO_BE)

Target Type Value
Downside Target 6.80
Downside Target 7.25
Downside Target 7.70
Downside Target 8.80
Downside Target 9.65
Downside Target 10.40
Upside Target 11.00
Upside Target 12.00
Upside Target 12.25
Upside Target 12.60
Upside Target 12.65
Upside Target 13.70
Upside Target 13.95

Intraday share price targets for Setco Automotive (SETCO_BE)

Target Type Value
Downside Intraday Target 10.47
Downside Intraday Target 10.23
Upside Intraday Target 10.97
Upside Intraday Target 11.23
Upside Intraday Target 10.73

Weekly technical analysis of Setco Automotive (SETCO_BE)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 10.70 11.00 11.00 10.50 1.295 times
24 Fri May 2024 11.20 12.00 12.00 11.20 0.246 times
17 Fri May 2024 12.25 12.45 13.70 12.25 1.149 times
10 Fri May 2024 11.90 12.00 12.00 10.40 0.235 times
03 Fri May 2024 12.60 13.95 13.95 12.60 2.831 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 Setco Automotive (SETCO_BE)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 10.70 13.95 13.95 10.40 1.692 times
30 Tue Apr 2024 13.95 13.95 13.95 12.65 0.856 times
15 Fri Mar 2024 7.35 8.05 8.80 7.25 1.836 times
29 Thu Feb 2024 7.90 8.60 8.80 7.70 0.284 times

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Setco Automotive (SETCO_BE)

Indicator Name Indicator Value Indicator Signal
ADX 31, 46, 20 Sell
MACD 1, 1Sell
Stochastics 4Sell
CCI -77Buy
RSI 74Buy
OBV -429943Sell
VWAP 11Sell
ADL 0Sell
ROC -13Sell
Force Index 0Sell

Price action analysis of Setco Automotive ( (SETCO_BE) ) 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 Setco Automotive ( (SETCO_BE) ) 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 Setco Automotive ( (SETCO_BE) ) based on a short to mid 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 Setco Automotive ( (SETCO_BE) ) based on a mid to longer 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.

ADX buy sell signal for Setco Automotive stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Setco Automotive Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Setco Automotive in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Setco Automotive is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.09 and Setco Automotive (SETCO_BE) 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 Setco Automotive (SETCO_BE) stock. Volume based technical analysis of Setco Automotive (SETCO_BE) stock is negative.

Setco Automotive 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.

Click here for Setco Automotive charts

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