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Kitex Garments Limited

KITEX.NS Technical Analysis Summary (NSE)

Analyze KITEX.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

KITEX.NSNSE
Consumer CyclicalApparel - Manufacturers
116.02
4.56(3.78%)
Indian Market opens in 15h 17m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

KITEX.NS Technical Analysis Summary (NSE)

Kitex Garments Limited (NSE: KITEX.NS) stock currently shows a neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 31.73)
Trend Strength:Weak (ADX: 17.02)
Volatility:Medium (ATR: 3.96)
Support/Resistance:$118.68 – $131.63 (Bollinger Bands)

Technical conditions suggest Kitex Garments Limited on the NSE is awaiting a decisive move. Technical conditions suggest Kitex Garments Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 31.73

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 18.40

Bullish
Oversold zone signals rebound potential.

Williams %R: -80.98

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -6.93

Strongly Bearish
Sharp downside momentum.

Takeaway:Kitex Garments Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -4.32

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.02

Weak
Weak trend, market trading sideways.

ATR (14): 3.96

Medium
Medium volatility, healthy price movement.

CCI (14): -114.00

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Kitex Garments Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$131.63
Middle Band (SMA 20)
$125.15
Lower Band
$118.68
Current Position
Below Lower Band

Takeaway:Kitex Garments Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$133.54
Middle Line (EMA 20)
$125.63
Lower Channel
$117.71
Squeeze Status
Squeeze On

Takeaway:Kitex Garments Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume1.81M
Money Flow Index48.56Neutral, balanced money flows with no clear signal.
Relative Vigor Index29.22Bearish, price momentum favors sellers.

Overall Takeaway:KITEX.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Kitex Garments Limited (NSE: KITEX.NS), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Kitex Garments Limited are mixed, suggesting a Hold or wait-and-see approach.

(NSE: KITEX.NS) Technical Analysis FAQ