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Southern Petrochemical Industries Corporation Limited

SPIC.BO Technical Analysis Summary (BSE)

Analyze SPIC.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SPIC.BOBSE
Basic MaterialsAgricultural Inputs
70.38
0.10(0.14%)
Indian Market opens in 2h 55m

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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

SPIC.BO Technical Analysis Summary (BSE)

Southern Petrochemical Industries Corporation Limited (BSE: SPIC.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 65.72)
Trend Strength:Weak (ADX: 19.11)
Volatility:Medium (ATR: 1.59)
Support/Resistance:$65.80 – $70.09 (Bollinger Bands)

Technical conditions suggest Southern Petrochemical Industries Corporation Limited on the BSE is awaiting a decisive move. Technical conditions suggest Southern Petrochemical Industries Corporation Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 65.72

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 69.73

Bullish
Buying momentum building without extremes.

Williams %R: -39.74

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 2.74

Bullish
Steady upward momentum.

Takeaway:Southern Petrochemical Industries Corporation Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.50

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.11

Weak
Weak trend, market trading sideways.

ATR (14): 1.59

Low
Low volatility, stable price action.

CCI (14): 178.33

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Southern Petrochemical Industries Corporation Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$70.09
Middle Band (SMA 20)
$67.94
Lower Band
$65.80
Current Position
Above Upper Band

Takeaway:Southern Petrochemical Industries Corporation Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$71.31
Middle Line (EMA 20)
$68.14
Lower Channel
$64.97
Squeeze Status
Squeeze On

Takeaway:Southern Petrochemical Industries Corporation Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume416.12K
Money Flow Index73.36Bullish, inflows support continued momentum.
Relative Vigor Index73.83Bullish, price momentum strongly favors buyers.

Overall Takeaway:SPIC.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Southern Petrochemical Industries Corporation Limited (BSE: SPIC.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for Southern Petrochemical Industries Corporation Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: SPIC.BO) Technical Analysis FAQ