SPLPETRO NEWS why is Supreme Petrochem Limited price falling or rising

SPLPETRO NEWS reasons for why stock price of Supreme Petrochem Limited is falling or rising

SPLPETRO Supreme Petrochem is falling or rising technical reasons

Technical analysis forecast for Supreme Petrochem 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 SPLPETRO at this time. Stock is falling and might fall more.

It appears as if Supreme Petrochem SPLPETRO gave a large move recently.

Stock of Supreme Petrochem (SPLPETRO) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Supreme Petrochem is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Supreme Petrochem stays below 758.4, but if it comes above 758.4, then a intra day buy could be more profitable.
If you take a sell trade below 758.4, then use 758.4 as stoploss and 740.5 as target. However if you take a buy trade in Supreme Petrochem, then use 758.4 as stoploss and 773.21 as target.

SPLPETRO Supreme Petrochem is falling or rising NEWS fundamental reasons

Company Announcement Supreme Petrochem Limited has informed the Exchange about Schedule of meet - NEWS as on 2024-11-06

Company Announcement - NEWS as on 2024-10-31

SPLPETRO announced a dividend of Rupees 2.50 per share, which makes a dividend yield of 0.34 based on current price. Effective date of this dividend is 31 Thu Oct 2024 - NEWS as on 2024-10-30 MunafaSutra.com

SPLPETRO announced a dividend of Rupees 2.50 per share, which makes a dividend yield of 0.33 based on current price. Effective date of this dividend is 31 Thu Oct 2024 - NEWS as on 2024-10-25 MunafaSutra.com

Company Announcement Supreme Petrochem Limited has informed the Exchange about Issue of Duplicate Share Certificate - NEWS as on 2024-10-24

Company Announcement Supreme Petrochem Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-10-23

Company Announcement Supreme Petrochem Limited has informed the Exchange about Investor Presentation - NEWS as on 2024-10-22

Company Announcement Supreme Petrochem Limited has informed the Exchange about Earnings Presentation - NEWS as on 2024-10-22

More announcements and NEWS

SPLPETRO Supreme Petrochem Limited current price & indicator signals

Moving Averages for Supreme Petrochem Limited

  • 5Day Average: 764.46
  • 12Day Average: 758.31
  • 20Day Average: 768.1
  • 50Day Average: 818.82
  • 100Day Average: 835.01
  • 150Day Average: 786.49
  • 200Day Average: 754.12

SPLPETRO Indicators & signals

Indicator MACD (12,26,9)

764.47, 780.51, -19.19
Indicator MACD is in negative zone

Indicator ADX (14)

5.48, 18.02, 20.11
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SPLPETRO Supreme Petrochem Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
08 Fri Nov 2024 753.95 742.00 to 763.95 -0.97% 0.93 times
07 Thu Nov 2024 761.30 759.00 to 781.85 -2.24% 1.01 times
06 Wed Nov 2024 778.75 756.95 to 783.80 1.72% 0.33 times
05 Tue Nov 2024 765.60 751.25 to 774.90 0.38% 0.52 times
04 Mon Nov 2024 762.70 746.95 to 804.95 -0.04% 2.86 times
01 Fri Nov 2024 763.00 753.50 to 765.00 1.18% 0.17 times
31 Thu Oct 2024 754.10 730.70 to 757.45 1.75% 0.52 times
30 Wed Oct 2024 741.10 736.95 to 760.00 -0.7% 1.07 times
29 Tue Oct 2024 746.30 725.30 to 753.65 -0.07% 0.52 times
28 Mon Oct 2024 746.85 736.20 to 763.20 -2.05% 1.75 times
25 Fri Oct 2024 762.45 738.75 to 771.25 -0.15% 1.26 times
24 Thu Oct 2024 763.60 753.00 to 787.90 -2.13% 0.81 times

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SPLPETRO NEWS why is Supreme Petrochem Limited price falling or rising

 

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